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High Street, Leagrave, Luton, Bedfordshire, LU4 9LE - Image 1
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High Street, Leagrave, Luton, Bedfordshire, LU4 9LE

East of England

£300,000
Listed on 15/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
817 sqft

Description

This two-bedroom bungalow presents a unique opportunity for those looking to invest in a property with significant renovation potential. Conveniently positioned in a sought-after neighborhood, it features a spacious driveway and a private garden, making it an ideal choice for builders or homeowners eager to customize their living space. Upon entering, you are greeted by an entrance hall that connects to all primary rooms on the ground floor. The lounge is generous in size and boasts sliding patio doors that open into a conservatory, which bathes the area in natural light while providing direct access to the rear garden. Both bedrooms are well-proportioned doubles, featuring laminate flooring and double-glazed windows that enhance energy efficiency. The kitchen includes a variety of base units and has ample room for essential appliances. A side door leads directly outside to the garden, allowing easy flow for outdoor entertaining or future enhancements. The bathroom is fully tiled and equipped with a modern three-piece suite that includes a shower over the bath. Outside, the property benefits from an expansive front driveway leading to the garage, as well as a lawned area. The rear garden is quite spacious, offering plenty of room for improvement or landscaping projects, making it perfect for someone looking to add value through upgrades. Moreover, this location provides excellent connectivity with the local train station just a short walk away (about five minutes), along with nearby amenities that cater to everyday needs. This bungalow not only offers immediate comfort but also represents considerable investment potential through future renovations or extensions. Viewing is highly recommended to explore its many possibilities.

Investment Analysis

(LU4 area)

Above Market Value

This property is priced +3.2% above area average per sq ft

+3.2%
This Property
£367/sq ft
Area Average
£356/sq ft
Avg Rent (weekly)
£320
Avg Yield
5.1%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £15,000
Target Value
£319,713
10% above area average per sq ft
Potential ROI
+1.5%
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

High Street, Leagrave, Luton, Bedfordshire, LU4 9LE
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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
£1,099
Based on a loan of £225,000 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