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The Grove, Luton, LU1

East of England

£365,000

Listed on 15/07/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
1356 sqft

Description

This property presents a unique opportunity for renovation and investment in a desirable location. Entering through the welcoming porch, you’ll find a spacious entrance hall that opens into a bright lounge diner, offering garden views and direct access through double-glazed patio doors. The kitchen is functional, featuring ample base and wall units alongside natural light, with potential to modify the adjacent 21ft storage area for additional utility space or even an extension (subject to planning permission). Upstairs, you'll discover two generously sized double bedrooms complemented by a single bedroom that could serve as an office. The loft area provides extra living space with another substantial bedroom equipped with fitted carpets and three Velux windows. The property also includes two bathrooms for convenience. Outside, the private garden adds to the appeal, along with driveway parking accommodating two vehicles and side access to the rear garden. This home is chain-free and offers considerable potential for enhancement. Whether you're looking to create your dream family home or seeking an investment opportunity, this property invites your vision.

Investment analysis

(LU1 area)

Below Market Value

This property is priced -18.7% below area average per sq ft

-18.7%
Potential saving
This Property
£269/sq ft
Area Average
£331/sq ft
Avg Rent (weekly)
£238
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£493,720
10% above area average per sq ft
Potential ROI
+21.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (LU1)

Area prices are falling by -2.6% over the last 12 months
3 year growth: +2.4%
5 year growth: -0.3%
Investment Disclaimer: Analysis based on LU1 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

The Grove, Luton, LU1
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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
£1,379
Based on a loan of £273,750 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

-1.4% since listed
£360,000£5,000(-1.4%)
11/12/2025
Current price
£365,000Initial listing
14/10/2025

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