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Lockhart Close, Dunstable

East of England

£500,000
Listed on 18/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
881 sqft

Description

This traditional four-bedroom family home in South West Dunstable presents a unique opportunity for renovation and investment, making it an appealing prospect for those looking to create a personalized living space. Currently configured with two bedrooms on the upper floor and two on the lower level, the layout is well-suited for multi-generational families or individuals seeking flexible living arrangements. The family bathroom services all bedrooms, and an additional larder in the kitchen adds to the practicality of the ground floor. The generous front and rear gardens offer significant outdoor space, providing potential for expansion or modernization, subject to planning permission. This outdoor area not only enhances the property’s appeal but also allows for future enhancements that could increase its market value. Located within reputed school catchments for Queensbury and Manshead, this home is well-positioned for families prioritizing educational opportunities. Additionally, convenient access to M1 Junction 9 facilitates commuting and accessing nearby amenities. Currently being sold as a probate sale (grant pending), this property offers buyers a rare chance to secure an asset with excellent potential in a sought-after location. With thoughtful updates and improvements, this home could truly become a standout property in the neighborhood.

Investment Analysis

(LU6 area)

Above Market Value

This property is priced +54.8% above area average per sq ft

+54.8%
This Property
£568/sq ft
Area Average
£367/sq ft
Avg Rent (weekly)
£266
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£355,369
10% above area average per sq ft
Potential ROI
-35.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (LU6)

Area prices are rising by +5.0% over the last 12 months
3 year growth: 8.1%
5 year growth: 22.2%
Investment Disclaimer: Analysis based on LU6 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

Lockhart Close, Dunstable
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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
£1,832
Based on a loan of £375,000 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