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Old Bedford Road, Luton, Bedfordshire, LU2 7EJ

East of England

£875,000
Listed on 01/04/2026

Property Details

Bedrooms
4
Type
Detached
Area
1906 sqft

Description

This four-bedroom detached family home, designed in the distinctive Art Deco style of the 1930s, presents a unique opportunity for renovation and investment. Located on the desirable Old Bedford Road in Luton, the property occupies a generous plot that allows for significant expansion possibilities (subject to planning consent) at multiple points including the front, side, and rear. One notable feature is the rooftop terrace that promises excellent potential for entertaining and enjoying outdoor space. While the property could benefit from modern updates throughout, it maintains key structural integrity and classic features. Internally, the ground floor offers an inviting entrance hall leading to a stylish living room with a charming curved window, a sun room, and a dining area that opens onto the rear garden. A fully equipped kitchen/breakfast room with an adjoining utility area and a cellar basement provide ample functional space. Ascend to the first floor to find four spacious bedrooms—highlighted by a master suite complete with an en-suite shower room—and access to the rooftop terrace. Additional advantages of this residence include gas central heating, double glazing throughout, off-road parking options in the front garden, and a sizeable garage. The secluded east-facing rear garden is thoughtfully landscaped with mature borders and offers both patio space and lawn area for outdoor activities. Conveniently located near local amenities such as shops and schools as well as easy access to transport links including Junction 10 of the M1 motorway and Luton Airport enhances its appeal. Viewing is strongly recommended to fully grasp the promising renovations this property can undergo.

Investment Analysis

(LU2 area)

Above Market Value

This property is priced +23.4% above area average per sq ft

+23.4%
This Property
£459/sq ft
Area Average
£372/sq ft
Avg Rent (weekly)
£297
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£779,830
10% above area average per sq ft
Potential ROI
-18.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
78
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (LU2)

Area prices are stable by 0.0% over the last 12 months
3 year growth: -1.5%
5 year growth: +17.1%
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

Old Bedford Road, Luton, Bedfordshire, LU2 7EJ
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£3,099
Based on a loan of £656,250 over 30 years at 3.91% 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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