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Felix Avenue, Round Green, Luton, Bedfordshire, LU2 7LE - Image 1
Felix Avenue, Round Green, Luton, Bedfordshire, LU2 7LE - Image 2
Felix Avenue, Round Green, Luton, Bedfordshire, LU2 7LE - Image 3
Felix Avenue, Round Green, Luton, Bedfordshire, LU2 7LE - Image 4
Felix Avenue, Round Green, Luton, Bedfordshire, LU2 7LE - Image 5

Felix Avenue, Round Green, Luton, Bedfordshire, LU2 7LE

East of England

£375,000
Listed on 18/06/2025

Property Details

Bedrooms
3
Type
Detached house
Area
742 sqft

Description

This three-bedroom bungalow, located in a quiet cul-de-sac, presents a unique opportunity for renovation and investment. The property is sold chain-free, allowing for a smoother transaction for potential buyers. Upon entering, you’ll find an entrance hall that provides access to various living spaces. The spacious lounge and dining area at the front of the home features double-glazed windows, allowing for plenty of natural light. A staircase leads up to the master bedroom situated on the first floor, which includes dormer windows and built-in wardrobes. Meanwhile, two additional bedrooms are conveniently located on the ground floor and both offer double-glazing. The kitchen at the rear is equipped with fitted eye and base-level units, providing ample space for appliances, while a utility room adjacent to it accommodates additional laundry needs. This area enhances functionality and could easily be reimagined during any renovation efforts. Externally, the property boasts a substantial corner plot with a wrap-around garden that offers significant potential for extension or landscaping projects. A detached garage equipped with power and lighting further adds to its appeal as an investment opportunity. Situated in Round Green, this bungalow benefits from proximity to local amenities, including shops and schools. Additionally, Luton mainline train station is just a short walk away, providing excellent transport links for commuters. With its prime location and considerable development potential, this property is ideal for those looking to create their own vision or invest in future growth.

Investment Analysis

(LU2 area)

Above Market Value

This property is priced +36.5% above area average per sq ft

+36.5%
This Property
£505/sq ft
Area Average
£370/sq ft
Avg Rent (weekly)
£298
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£302,239
10% above area average per sq ft
Potential ROI
-28.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (LU2)

Area prices are rising by +2.4% over the last 12 months
3 year growth: 8.8%
5 year growth: 21.4%
Investment Disclaimer: Analysis based on LU2 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

Felix Avenue, Round Green, Luton, Bedfordshire, LU2 7LE
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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
£1,374
Based on a loan of £281,250 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