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Nunnery Lane, Luton, Bedfordshire, LU3 1XA - Image 1
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Nunnery Lane, Luton, Bedfordshire, LU3 1XA

East of England

£375,000
Listed on 21/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom end-of-terrace home presents a promising opportunity for renovation and investment in a desirable area known for its access to reputable schools, including those within the Icknield School catchment. The property is conveniently located near local amenities and offers superb transport links, with Leagrave train station just a short distance away, providing regular services to central London. Inside, the layout features an entrance hall that leads to a spacious living room and dining area, creating a comfortable space for family gatherings. The kitchen provides ample potential for modernization or expansion, allowing you to customize it according to your vision. Upstairs, you’ll find three well-sized bedrooms along with a family bathroom that could benefit from updates. Outside, the property boasts a generously sized enclosed rear garden which offers potential for landscaping or outdoor entertaining. Additionally, there is a front garden area that could be transformed into off-road parking, enhancing both convenience and value. With its combination of structural integrity and location advantages, this home is ideal for families looking to settle in a thriving community or investors seeking a property with considerable renovation potential.

Investment Analysis

(LU3 area)
Area Average
£353/sq ft
Avg Rent (weekly)
£294
Avg Yield
4.5%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (LU3)

Area prices are stable by +0.6% over the last 12 months
3 year growth: 2.3%
5 year growth: 17.5%
Investment Disclaimer: Analysis based on LU3 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

Nunnery Lane, Luton, Bedfordshire, LU3 1XA
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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
£1,374
Based on a loan of £281,250 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