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Bancroft Road, Icknield, Luton, Bedfordshire, LU3 2NB - Image 1
Bancroft Road, Icknield, Luton, Bedfordshire, LU3 2NB - Image 2
Bancroft Road, Icknield, Luton, Bedfordshire, LU3 2NB - Image 3
Bancroft Road, Icknield, Luton, Bedfordshire, LU3 2NB - Image 4
Bancroft Road, Icknield, Luton, Bedfordshire, LU3 2NB - Image 5
Bancroft Road, Icknield, Luton, Bedfordshire, LU3 2NB - Image 6
Bancroft Road, Icknield, Luton, Bedfordshire, LU3 2NB - Image 7
Bancroft Road, Icknield, Luton, Bedfordshire, LU3 2NB - Image 8
Bancroft Road, Icknield, Luton, Bedfordshire, LU3 2NB - Image 9
Bancroft Road, Icknield, Luton, Bedfordshire, LU3 2NB - Image 10
Bancroft Road, Icknield, Luton, Bedfordshire, LU3 2NB - Image 11

Bancroft Road, Icknield, Luton, Bedfordshire, LU3 2NB

East of England

£325,000
Listed on 22/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This traditional 1930s bay-fronted family home presents an excellent opportunity for renovation and investment. With three bedrooms and two separate reception rooms, the property offers a solid layout that can be tailored to modern preferences. Upon entering, you are welcomed into a spacious entrance hall that leads to a cozy lounge featuring a bay window and fireplace, providing a classic charm. Adjacent to this is the dining room, also boasting a bay window, making it an inviting space for family gatherings. The kitchen, equipped with fitted wall and base units, includes ample space for appliances and access to the rear garden—perfect for future updates or expansions. Upstairs, the landing connects three well-sized bedrooms. The master bedroom benefits from another bay window that enhances natural light, while the second bedroom comes with fitted wardrobes for additional storage. A bathroom completes this floor; it includes essential amenities like a bath with shower over, wash hand basin, and WC—ideal for updating to personal tastes. Outside, the property features a block-paved driveway leading to a garage, along with a large rear garden that combines both lawn and patio areas surrounded by mature shrubs. This outdoor space presents significant potential for landscaping or even an extension (subject to planning). Located in the desirable Icknield area of Luton, this home is surrounded by highly regarded schools and local amenities such as shops and parks. Transportation options are convenient as well; within one mile of the M1 motorway and just under three-quarters of a mile from Leagrave station with direct train services to London. With efficient gas heating via radiators and double-glazed windows already in place, this property is not just ready for immediate living but also ripe for enhancement that could significantly increase its value in today’s market. An ideal choice for investors or those looking to create their dream home through thoughtful renovations.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Bancroft Road, Icknield, Luton, Bedfordshire, LU3 2NB
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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
£1,191
Based on a loan of £243,750 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