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Oakley Gardens, Luton, Bedfordshire, LU4

East of England

£500,000
Listed on 07/04/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1130 sqft

Description

Nestled in a quiet cul-de-sac just off Oakley Road, this modern four-bedroom detached home presents a unique opportunity for renovation and investment. Its thoughtful layout features an entrance hall that leads to various living spaces, including a separate reception room and an open lounge/diner that encourages family interaction. The kitchen is equipped with integral appliances such as a hob, oven, fridge/freezer, and dishwasher, providing a functional workspace for culinary endeavors. On the first floor, you will find a spacious landing with loft access—complete with power and light—ideal for additional storage or potential conversion. The primary bedroom benefits from fitted wardrobes and an en-suite bathroom, while two additional double bedrooms (also with fitted wardrobes) provide ample space for family or guests. A fourth single bedroom offers flexibility for use as an office or nursery. The property also includes a well-appointed three-piece family bathroom. Externally, the home boasts a neatly maintained front garden and a driveway leading to a single-width garage that has power and loft space above. The rear garden is designed for low maintenance but offers opportunities for further development (subject to planning permission), making it an excellent canvas for expansion or personalization. Additional features include bespoke fitted window blinds, a comprehensive alarm system, and CCTV coverage, enhancing security and convenience. This property not only accommodates modern family living but also holds significant potential for enhancements that could increase its value in the growing market. It’s ideally situated within easy access of local amenities, making it an appealing prospect for both homeowners and investors alike.

Investment Analysis

(LU4 area)

Above Market Value

This property is priced +24.4% above area average per sq ft

+24.4%
This Property
£442/sq ft
Area Average
£356/sq ft
Avg Rent (weekly)
£320
Avg Yield
5.1%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £25,000
Target Value
£442,197
10% above area average per sq ft
Potential ROI
-15.8%
After renovation
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

Oakley Gardens, 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
£1,832
Based on a loan of £375,000 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