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New Bedford Road, Luton, Bedfordshire, LU3 - Image 1
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New Bedford Road, Luton, Bedfordshire, LU3 - Image 3
New Bedford Road, Luton, Bedfordshire, LU3 - Image 4
New Bedford Road, Luton, Bedfordshire, LU3 - Image 5

New Bedford Road, Luton, Bedfordshire, LU3

East of England

£475,000
Listed on 08/11/2025

Property Details

Bedrooms
6
Type
Semi-detached house
Area
1593 sqft

Description

This property presents a rare opportunity for renovation and investment, ideally situated in a desirable neighborhood known for its proximity to excellent schools, expansive parks, and Luton’s mainline train station. Currently configured with six rentable rooms, the property offers the potential for additional enhancements or expansion, pending necessary planning permissions and building regulations approval. The layout features an inviting entrance hall that leads to two ground-floor bedrooms and a versatile reception room, alongside a functional kitchen and a WC. The first floor accommodates several bedrooms along with a bathroom, while the second floor boasts a bedroom complete with an en-suite. Externally, the property is complemented by gardens at both the front and rear, along with dedicated parking access from the back—an advantageous feature that boosts usability and appeal. Located on New Bedford Road, one of Luton’s most sought-after addresses, residents will enjoy convenient access to local shops, recreational areas, and transport links. This property not only offers immediate rental viability but also significant potential for future development or refurbishment, making it an intriguing option for investors looking to maximize their returns in this vibrant area.

Investment Analysis

(LU3 area)

Below Market Value

This property is priced -15.5% below area average per sq ft

-15.5%
Potential saving
This Property
£298/sq ft
Area Average
£353/sq ft
Avg Rent (weekly)
£294
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£618,474
10% above area average per sq ft
Potential ROI
+7.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (LU3)

Area prices are stable by +0.6% over the last 12 months
3 year growth: 2.3%
5 year growth: 17.5%
Investment Disclaimer: Analysis based on LU3 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

New Bedford Road, Luton, Bedfordshire, LU3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,740
Based on a loan of £356,250 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE