Towering icon in a commuter townOverseas Property | 21 Aug 2019
The Orion Luton is ideal for working professionals seeking 21st century luxuries
Professionals looking to rent and first time home buyers are increasingly looking towards London’s commuter belt, as rising living costs in the UK’s capital continue to push people out of the city. With significantly lower costs, areas like Luton have seen a huge rise in popularity as commuting towns, providing an increasingly attractive prospect for living and investing.
The Orion Luton is located in an ideal site that is in close proximity to the mainline station, a mere few minutes’ walk away. The area is also one of the most promising and successful areas of renewal, amidst regeneration schemes aimed at redevelopment. Luton’s close proximity to the capital makes it favorable among commuters, as the town is very accessible, thus making it attractive to those looking for a short commute into the city to work.
Classified by the UK government as an enterprise zone, Luton benefits from £1.5 billion (HK$14.19 billion) of investment, making it a lucrative market to invest in. With 18, 500 new jobs projected and a projected population rise of 20% by 2031, Luton is the fastest growing London Commuter Belt Town. As property prices rise substantially in Central London, many are seeking property outside the capital, and with the Luton Investment Framework – a plan for major town-wide transformation – Luton is at the top of the list for property investment close to the capital.
Just 23 minutes away from Central London, The Orion development is easily accessible from town landmarks, being a mere 5-minute walk away from The Galaxy, The Mall Luton and the University of Bedfordshire. Luton Airport Parkway is 22 minutes away and the Luton Railstation 10 minutes on foot. With diverse infrastructure and an ever-growing population and workforce, Luton property value is sure to only keep rising.
The Orion Luton is a stunning residential town center development, comprising 67 spacious and high-end 1 and 2-bedroom apartments. Expected to be completed in Q4 2020, The Orion has been designed to appeal to professional tenants, with those commuting into London firmly in mind.
Residents can look forward to a modern home with eco electric heating, low voltage LED lighting as well as fully-fitted modern kitchens in a contemporary finish. Likewise, the bathrooms in the apartments are designed for the cosmopolitan commuter, featuring wall tiles to wet area, complete with bath and shower.
With prices starting from £ 172, 900, The Orion Luton offers a contemporary, modern design with plenty of outside space in the form of balconies, on-site parking spaces and direct access to London Luton airport. The Orion Luton promises to provide residents luxury at every turn.
The Orion, Luton, UK
Address: LU1 3AG, Luton
No. of unit: 67
Unit size: 398 – 786 Sqft
Layouts: 1 & 2 bedroom apartments
Developer: Assetcorp Group