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Waller Avenue, Luton, Bedfordshire, LU4 9RR

East of England

£800,000
Listed on 31/12/2025

Property Details

Bedrooms
5
Type
Detached house

Description

This substantial detached family home boasts five bedrooms and is set on an impressive plot, offering not just ample living space but also significant potential for development. The property features a welcoming entrance hall leading into a well-designed layout, which includes a spacious family room and two generously sized double bedrooms on the ground floor. A modern bathroom enhances functionality while the lounge-diner, perfect for gatherings, opens via double doors to a large garden, inviting in natural light. The contemporary kitchen breakfast-room is equipped with stylish finishes such as ceiling spotlights and tiled flooring, accommodating modern living needs. Upstairs, three additional bedrooms and a sleek shower room provide comfortable accommodation. With gas central heating and double-glazed windows throughout, this home is ready for immediate occupancy. A standout feature of this property is its expansive outdoor space. The garden is more than just an outdoor area; it offers possibilities for relaxation or entertaining. The long driveway exceeds 150 feet, allowing off-road parking for several vehicles and potential for creating an additional dwelling or building plot (subject to necessary planning approvals). Located in Challney—a desirable area in Luton known for its excellent schools including Challney High School for Boys and Girls—this home also benefits from good transport links and local amenities. If you are seeking a versatile property with character that also holds substantial investment potential in a well-connected location, this home warrants serious consideration.

Investment Analysis

(LU4 area)
Area Average
£356/sq ft
Avg Rent (weekly)
£320
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (LU4)

Area prices are rising by +3.2% over the last 12 months
3 year growth: 4.0%
5 year growth: 27.6%
Investment Disclaimer: Analysis based on LU4 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

Waller Avenue, Luton, Bedfordshire, LU4 9RR
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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
£2,931
Based on a loan of £600,000 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