New Bedford House in Luton is currently in the final phases of construction and will arrive, on time and on budget, in Q4 2018. Buyers who have made an investment at New Bedford House in Luton can look forward to receiving their rental income when the development opens on schedule later this year.

With housing costs in the centre of London still prohibitively high for many, property in commuter towns close to the capital is a popular option for renters and buy-to-let investors alike.

Before the end of this year, there will be a major new addition to the variety of housing on offer in the commuter belt, in the shape of New Bedford House in Luton.

New Bedford House is now in the final stages of construction and practical completion is scheduled for October 2018.

The development is set to be delivered on time and on budget by Opto Property Group, which was named Developer of the Year at the Property Wire Awards back in March.

It contains 54 one- and two-bedroom apartments, providing access to on-site amenities including high-speed Wi-Fi, 24/7 CCTV coverage and a secure audio and video entry system.

Tenants will also have easy access to London via Luton railway station, which is just three minutes' walk away.

Investors are clearly anticipating strong demand from the private rental market since New Bedford House has already sold out.

However, there are other opportunities available for those interested in buy-to-let property in London's commuter belt.

Those who have made an investment at New Bedford House can look forward to receiving their rental income from Q4 2018, while buyers still on the lookout for opportunities can consider alternatives such as Imperial Square in Luton.

This development also offers a desirable town centre location, as well as on-site facilities including a landscaped courtyard, a club lounge and a cinema room.

Investors who purchase early can secure a ten per cent discount and look forward to six per cent net annual rental returns guaranteed for two years.

With demand for housing in London's commuter belt showing no signs of slowing down, investment opportunities such as these can be expected to deliver major returns over the years to come.