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Kinross Crescent, Luton

East of England

£325,000
Listed on 28/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1216 sqft

Description

This three-bedroom semi-detached property presents an excellent opportunity for renovation and investment in a desirable location within Luton’s LU3 area. Positioned on a peaceful street, the home offers ample space both inside and out, featuring a large garden that could be enhanced with potential extensions (subject to planning permission). With its proximity to essential amenities, reputable schools, and transport links including Leagrave Station for direct access to London, this home is ideal for families, first-time buyers, or savvy investors looking to capitalize on growth in the area. Internally, the property boasts a bright open-plan living and dining area, fostering contemporary living. The upper floor hosts three generously sized bedrooms bathed in natural light. The expansive rear garden provides a private outdoor retreat with significant scope for future development. Given its solid foundation and flexible layout, this property can evolve over time to meet changing needs. Viewing is highly recommended to appreciate the full potential of this promising home.

Investment Analysis

(LU3 area)

Below Market Value

This property is priced -24.3% below area average per sq ft

-24.3%
Potential saving
This Property
£267/sq ft
Area Average
£353/sq ft
Avg Rent (weekly)
£294
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£472,106
10% above area average per sq ft
Potential ROI
+29.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (LU3)

Area prices are stable by +0.6% over the last 12 months
3 year growth: 2.3%
5 year growth: 17.5%
Investment Disclaimer: Analysis based on LU3 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

Kinross Crescent, 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
£1,191
Based on a loan of £243,750 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