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Runfold Avenue, Luton

East of England

£250,000
Listed on 22/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
926 sqft

Description

This end-of-terrace property presents a promising renovation opportunity for those looking to invest or create a personalized living space. With three well-proportioned bedrooms, the home offers ample room for reconfiguration and modern updates. The layout includes two inviting reception rooms, a functional kitchen, and a contemporary bathroom, all of which can be enhanced to meet current aesthetic standards. The property benefits from double glazing and gas central heating, ensuring a comfortable living environment as you embark on potential renovations. A spacious rear garden provides further possibilities for expansion or landscaping, while side access enhances convenience. Located in the heart of Luton’s LU3 district, this home is close to local amenities, including shops and dining options. It is also conveniently situated near the town centre and train station, making it appealing for commuters. Additionally, its proximity to the M1 motorway opens up further connectivity options. Given the option for conversion into a buy-to-let or HMO (subject to necessary consents), this property is ideally suited for investors seeking to capitalize on its renovation potential. Don’t miss out on an opportunity where location meets possibility in a vibrant community setting.

Investment Analysis

(LU3 area)

Below Market Value

This property is priced -23.5% below area average per sq ft

-23.5%
Potential saving
This Property
£270/sq ft
Area Average
£353/sq ft
Avg Rent (weekly)
£294
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£359,515
10% above area average per sq ft
Potential ROI
+24.0%
After renovation
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

Runfold Avenue, Luton
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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
£916
Based on a loan of £187,500 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