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Cloisters Road, Luton, Bedfordshire, LU4 0NJ - Image 1
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Cloisters Road, Luton, Bedfordshire, LU4 0NJ - Image 10
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Cloisters Road, Luton, Bedfordshire, LU4 0NJ

East of England

£425,000
Listed on 09/01/2026

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1068 sqft

Description

Located in the sought-after area of Cloisters Road, this four-bedroom chalet-style bungalow presents a unique investment opportunity for those looking to create their dream home or capitalize on its rental potential. The property is set in a tranquil cul-de-sac, providing both peaceful living and convenient access to local amenities and reputable schools. Its chain-free status simplifies the purchase process for buyers. The bungalow features permit parking at the front, with a private garage at the rear that can serve as additional storage or parking space. Inside, the layout includes two spacious reception rooms on the ground floor, offering flexibility for various uses such as entertaining, home office setups, or family gatherings. The four bedrooms are distributed between the ground and upper floors, catering perfectly to families needing extra space for guests or work-from-home options. Two well-maintained bathrooms serve the household's needs while presenting an opportunity for modern upgrades. Notably, there exists considerable potential to extend the property (subject to planning permission), allowing future homeowners or investors to enhance its value further. The surrounding neighborhood is characterized by a strong sense of community and pleasant streetscapes, adding to its appeal. This bungalow not only delivers spacious accommodation but also invites creative enhancement through renovation—making it an ideal project for those wishing to add personal touches and increase equity in a desirable location.

Investment Analysis

(LU4 area)

Above Market Value

This property is priced +11.9% above area average per sq ft

+11.9%
This Property
£398/sq ft
Area Average
£356/sq ft
Avg Rent (weekly)
£318
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£417,818
10% above area average per sq ft
Potential ROI
-11.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (LU4)

Area prices are stable by +1.4% over the last 12 months
3 year growth: +2.2%
5 year growth: +23.8%
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

Cloisters Road, Luton, Bedfordshire, LU4 0NJ
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,533
Based on a loan of £318,750 over 30 years at 4.06% 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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