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Compton Avenue, Luton, Bedfordshire, LU4 - Image 1
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Compton Avenue, Luton, Bedfordshire, LU4 - Image 3
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Compton Avenue, Luton, Bedfordshire, LU4 - Image 9
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Compton Avenue, Luton, Bedfordshire, LU4

East of England

£1,200,000
Listed on 20/10/2025

Property Details

Bedrooms
15
Type
Detached house

Description

This substantial 15-bedroom care home located in Luton is ripe for renovation and potential redevelopment. Positioned conveniently on Compton Avenue, the property benefits from proximity to essential local amenities and transportation, enhancing its suitability for various future projects. The generous layout includes three reception areas and eight bathrooms across multiple floors, offering ample space to reconfigure or repurpose the building according to modern needs. With the opportunity for significant transformation pending planning approval, the existing infrastructure—comprising plumbing, heating, and electrical systems—provides a robust base for updates or conversion into alternative residential or commercial uses. This property stands as an attractive investment prospect in a market that shows increasing demand for both residential and care facilities. It offers an exciting opportunity for developers and investors looking to make their mark in Luton's evolving property landscape.

Investment Analysis

(LU4 area)
Area Average
£356/sq ft
Avg Rent (weekly)
£320
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (LU4)

Area prices are rising by +3.2% over the last 12 months
3 year growth: 4.0%
5 year growth: 27.6%
Investment Disclaimer: Analysis based on LU4 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

Compton Avenue, Luton, Bedfordshire, LU4
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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
£4,396
Based on a loan of £900,000 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