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Old Bedford Road, Luton, Bedfordshire, LU2 7BN

East of England

£695,000

Listed on 20/06/2026

Property Details

Bedrooms
4
Type
Detached
Area
1486 sqft

Description

This detached four-bedroom family home on Old Bedford Road presents a remarkable opportunity for buyers looking to invest in a property with significant renovation potential. Set on a spacious plot, the property allows for various extension options—subject to planning permission—making it an ideal candidate for those seeking to increase living space or enhance its market value. The integral double garage and generous tarmac driveway provide ample off-road parking, while the landscaped front and rear gardens add charm and curb appeal. The interior features a welcoming entrance porch and hall leading to an 18ft living room and an 11ft dining room, which opens up to the garden via patio doors. A fitted kitchen completes the ground floor layout. Upstairs, residents will find four sizeable double bedrooms, including a main bedroom equipped with bespoke wardrobes. The other bedrooms also benefit from built-in storage solutions, providing practicality. With gas central heating and double-glazed windows already installed, this home is well-maintained but offers plenty of scope for modernisation or redesign according to your taste. Located within easy reach of local amenities, schools, and transport links, this property is not just a house but a canvas waiting for your vision.

Investment Analysis

(LU2 area)

Above Market Value

This property is priced +25.7% above area average per sq ft

+25.7%
This Property
£468/sq ft
Area Average
£372/sq ft
Avg Rent (weekly)
£294
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£608,153
10% above area average per sq ft
Potential ROI
-18.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
54
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (LU2)

Area prices are stable by -2.0% over the last 12 months
3 year growth: -2.9%
5 year growth: +13.5%
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 7BN
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,626
Based on a loan of £521,250 over 30 years at 4.45% 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.

Stamp Duty Calculator

Price History

+15.8% since listed
£695,000+£115,000(+19.8%)
22/06/2026
Current price
£580,000£20,000(-3.3%)
14/04/2025
£600,000Initial listing
26/10/2024

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