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Felton Close, Luton, Bedfordshire, LU2 - Image 1
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Felton Close, Luton, Bedfordshire, LU2 - Image 3
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Felton Close, Luton, Bedfordshire, LU2 - Image 5
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Felton Close, Luton, Bedfordshire, LU2 - Image 8
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Felton Close, Luton, Bedfordshire, LU2

East of England

£290,000
Listed on 15/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
664 sqft

Description

This semi-detached property is nestled in a tranquil cul-de-sac, offering two bedrooms and significant renovation opportunities. The home features a well-appointed kitchen, an inviting entrance hall, and a spacious lounge that leads out to the garden via patio doors—providing a seamless transition between indoor and outdoor spaces. The upstairs layout includes two bedrooms along with a family bathroom, presenting a solid foundation for any updates or personal touches that prospective buyers may wish to implement. The added side plot presents an excellent chance for expansion, subject to planning permission, allowing future owners to enhance the living space as needed. Located just moments from local shops and reputable schools, this property offers convenient access to essential amenities. Its proximity to the airport terminal and quick links to the M1 motorway further amplify its appeal for both investors and first-time buyers looking for a property with growth potential. This home not only serves as a comfortable residence but also represents an opportunity for capital appreciation through thoughtful renovations in this desirable area.

Investment Analysis

(LU2 area)

Above Market Value

This property is priced +17.9% above area average per sq ft

+17.9%
This Property
£437/sq ft
Area Average
£370/sq ft
Avg Rent (weekly)
£298
Avg Yield
4.7%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £15,000
Target Value
£270,467
10% above area average per sq ft
Potential ROI
-11.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (LU2)

Area prices are rising by +2.4% over the last 12 months
3 year growth: 8.8%
5 year growth: 21.4%
Investment Disclaimer: Analysis based on LU2 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

Felton Close, Luton, Bedfordshire, LU2
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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
£1,062
Based on a loan of £217,500 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