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Swan Mead, Luton

East of England

£200,000
Listed on 14/08/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
560 sqft

Description

Nestled in the sought-after Birds Estate of Lewsey Farm, this two-bedroom property presents an excellent opportunity for renovation and investment. Offered to the market without the complications of an onward chain, this home is poised for transformation into a modern living space. The interior layout includes an entrance hall that leads to a downstairs WC, a separate kitchen, and a living room on the ground floor. Upstairs, you will find two bedrooms along with a bathroom. Each room offers potential for updates that can enhance both functionality and aesthetic appeal. Outdoors, the property features a rear garden primarily laid to lawn, providing a blank canvas for landscaping or outdoor projects. Additionally, there is a driveway at the front of the property, allowing for off-road parking. The location benefits from proximity to local amenities and transport links, making it appealing not just as a residence but also as an investment. With some creative vision and effort, this property could be transformed into a desirable home or rental opportunity in this vibrant area.

Investment Analysis

(LU4 area)

Above Market Value

This property is priced +0.4% above area average per sq ft

+0.4%
This Property
£357/sq ft
Area Average
£356/sq ft
Avg Rent (weekly)
£320
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£219,142
10% above area average per sq ft
Potential ROI
-4.7%
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

Swan Mead, Luton
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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
£733
Based on a loan of £150,000 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