Specialist micro-apartment developers Inspired Homes and Equinox Living have launched Foundry, 59 one and two-bedroom micro-apartments and seven larger penthouses in the heart of Luton.
Built on a brownfield site which was originally a type foundry, manufacturing the metal typefaces used in printing, Foundry maximises every square inch of space to provide a central London specification at Luton prices. The apartments do away with traditional hallways to open up the living space and feature Italian Arta Cucine designer kitchens with cappuccino quartz worktops, Italian Tissino taps and sanitaryware, engineered hardwood floors and superfast 1GB Hyperoptic broadband.
The show homes have been created by interior designer Joanna Ziatabari, featuring luxurious silks and velvets, vibrant and rich yellows and purples and flexible layouts providing plenty of space for entertaining.
Martin Skinner, CEO of Inspired Homes, said: “Having witnessed first-hand the radical transformation of London satellite towns such as Croydon, it’s clear to see Luton is next. The massive inward investment, a 23-minute train to St Pancras and low property prices make it an attractive option for young professionals looking for an opportunity to buy a home they can afford, in a location which is on the up. The Foundry offers a central London spec in the heart of Luton.”
Set to become one of London’s most important satellite locations, Luton is benefiting from a 20-year, £1.5bn regeneration programme supported by the new £200 million Luton Airport Parkway Station, due to open in 2020. This remarkable investment will see the town reinvented as a major business hotspot, with new commercial, leisure and housing opportunities transforming Luton into a buzzing, vibrant place to live.
Due for completion in Q3 2019, Foundry enjoys a premier location on Liverpool Road, a quiet street near the town centre triangle, just a seven-minute walk from Luton train station. Direct services run regularly into London St Pancras in just 23 minutes and 44 minutes to London Blackfriars.
Priced from just £155,000 for a one-bedroom micro-apartment, with larger one-bedroom penthouses from £170,000 and two-bedroom penthouses from £235,000, Foundry offers great value homes for young professionals and investors, with rental yields in excess of 5%. Help to Buy will be available from Q1 2019, meaning a deposit of just 5% or £7,750 is required to buy a new home, topped up by a Government equity loan of 20%, interest-free for five years, and a mortgage for the remaining 75% of the property’s value.
Call 020 8688 6552 to enquire or for more information, visit www.inspiredhomes.uk.com.