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Wigmore Lane, Luton, Bedfordshire, LU2

East of England

£345,000
Listed on 15/10/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This detached bungalow presents a unique opportunity for those looking to customize a space to their liking. With two spacious bedrooms, the layout offers plenty of potential for a fresh design or renovation. Located in a desirable area, the property benefits from proximity to essential amenities, with Stopsley village just a short walk away. This convenient location not only enhances daily living but also adds to the property's overall investment appeal. Inside, you will find an entrance hall leading to a living room that is ready for reimagining, alongside two well-sized double bedrooms and a functional shower room. The breakfast kitchen is positioned for easy access to the outdoor spaces. Outside, the front gardens include a gated driveway, while double gates lead to an enclosed rear garden—a versatile area that could be transformed into your ideal outdoor retreat. This bungalow serves as an excellent canvas for those interested in renovation or investment potential, allowing you to create a home that reflects your personal style while benefiting from a sought-after location.

Investment Analysis

(LU2 area)
Area Average
£370/sq ft
Avg Rent (weekly)
£298
Avg Yield
4.7%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £30,000
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

Wigmore Lane, 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
£1,264
Based on a loan of £258,750 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