Luton is one of the most profitable areas in the UK to be a landlord according to Lendinvest. Not only are rental yields high at up to 8%, but so are capital gains, with house prices rising 18.5% in 2015. JLL also forecasts house prices in the commuter belt will increase 24% by 2020. A GBP1.5billion vision for Luton was unveiled in 2016 when Luton Council launched its plan for major transformation through inward investment. The council presented how the area will achieve strong growth and create more than 18,500 jobs with mixed-use developments including an Enterprise Zone. Luton is expected to see the second-fastest rate of growing prices in England and Wales at 41% by 2019 according to Oxford Economics. With improved railway services to central London underway and current affordability, Luton is fast becoming a destination of choice for many companies, families and commuters. Consequently, increasing demands have pushed the average rents in the area to GBP722, a 10.4% increase from 2014.

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