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Old Bedford Road, Luton, Bedfordshire, LU2 7BN

East of England

£695,000
Listed on 31/01/2026

Property Details

Bedrooms
4
Type
Detached house
Area
1486 sqft

Description

This four-bedroom detached family home offers a fantastic opportunity for buyers looking to invest in a property with significant renovation potential. Situated on a spacious plot in the desirable Old Bedford Road area of Luton, this residence presents options for extensions and improvements (subject to planning). The integral double garage and ample off-road parking on the tarmac driveway add practical value. The home features well-proportioned rooms that are flooded with natural light, alongside well-maintained front and rear gardens ready for enhancement. The ground floor layout includes an entrance porch leading to a hallway, a cloakroom, an 18ft living room, an 11ft dining room with access to the garden through patio doors, and a kitchen that could benefit from modernization. The first floor accommodates four sizable double bedrooms—each equipped with built-in storage—and a bathroom that may require updating. Additional benefits include gas central heating and double glazing. Situated within walking distance to local amenities including shops, healthcare services, and public transport links, this property is also conveniently located near Luton town centre and major roadways like the M1 and A6. Families will appreciate its proximity to reputable schools such as Warden Hill/Bushmead Primary and Icknield High School. This home serves as an ideal canvas for those seeking to create their perfect space while investing in a property in a sought-after location.

Investment Analysis

(LU2 area)

Above Market Value

This property is priced +25.8% above area average per sq ft

+25.8%
This Property
£468/sq ft
Area Average
£372/sq ft
Avg Rent (weekly)
£300
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£607,744
10% above area average per sq ft
Potential ROI
-19.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
66
Average per month
Market Turnover
37%
Properties sold annually

Local Market Trend (LU2)

Area prices are stable by 0.0% over the last 12 months
3 year growth: -0.8%
5 year growth: +16.4%
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

Old Bedford Road, Luton, Bedfordshire, LU2 7BN
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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
£2,507
Based on a loan of £521,250 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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