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London Spring Place (Opto House) Block C – MAR 2017

On behalf of the developer we are pleased to present the latest updates from the contruction site of London Spring Place (Opto House) Block C in Luton, UK. The update is as at end March 2017. Kindly click on the image below to acccess, enlarge or flip the pages of the report.

Works on Block C have begun and progressing well on site. According to the developer, target completion of Q4 2017 is on track. Here is a summary of works to date, which include:

  • Demolition of existing buildings complete
  • Sheet piling works complete
  • Below ground drainage complete
  • Concrete retaining walls and groundworks complete
  • Steel frame erection progressing well and due for completion 12th May
  • External sewer connection is now complete and more (double click on the image above to access the report)

London Spring Place Highlights 

London Spring Place is a brand new, purpose-built student accommodation development comprising fully-managed en-suite rooms and self-contained studio suites across three blocks. En-suites are arranged in clusters of 6 with access to a communal living area and kitchen. Self-contained studio suites will contain en-suite bathrooms and a fully functional kitchenette.Beautifully furnished with a wide range of amenities and facilities, London Spring Place is one of the most ideal student accommodations in the region. It is located within walking distance to the University of Bedfordshire, the shopping mall, and the train station with easy and convenient access to central London in 22 minutes!

Investment Highlights

  • 8% NET p.a. assured for 5 years
  • No bad debt as parental guarantor in place
  • 24,000 students but less than 5,000 available purpose-built beds
  • 250-year leasehold
  • 3% interest paid on deposited funds
  • Established Developer with exemplary track record
  • Target completion date September 2017

    Specifications
  • En-suite and studio suites
  • 24 hour CCTV security and controlled building access
  • Communal courtyard
  • Fully equipped state-of-the-art gym
  • Cinema room
  • Onsite management team & manned reception
  • Lounge area with LCD TVs
  • Study and meeting rooms
  • Visitor parking
  • Games room with pool table & gaming stations
  • Onsite laundry
  • Outdoor leisure and sports facilities to include beach volleyball, basketball, table tennis &
    an outdoor cinema

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