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Connaught Road, Luton, Bedfordshire, LU4 - Image 1
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Connaught Road, Luton, Bedfordshire, LU4 - Image 3
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Connaught Road, Luton, Bedfordshire, LU4 - Image 7
Connaught Road, Luton, Bedfordshire, LU4 - Image 8

Connaught Road, Luton, Bedfordshire, LU4

East of England

£285,000
Listed on 23/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
776 sqft

Description

This spacious three-bedroom property, located within the highly regarded Challney school catchment area, presents a unique opportunity for those looking to invest in a home with significant renovation potential. The layout offers a well-defined entrance porch and hall that leads to various living spaces, including a bay-fronted lounge that invites natural light. The open-plan dining area features patio doors that provide easy access to the rear garden, creating potential for indoor-outdoor living. The kitchen is functional with ample space for appliances and direct access to the outdoor area, making it convenient for future updates or expansions. Upstairs, the property consists of a landing leading to three bedrooms—two generously sized doubles and a single bedroom complete with storage solutions. A three-piece bathroom suite is also situated on this level. Outside, the front of the home includes a driveway providing off-street parking. The rear garden is primarily laid to lawn and features a storage shed that houses the wall-mounted boiler, allowing for further landscaping or development options. Given its location and existing structure, this property holds considerable appeal for first-time buyers or investors keen on undertaking modernization projects. The surrounding area benefits from local amenities and schools, enhancing its desirability as a residential investment.

Investment Analysis

(LU4 area)

Above Market Value

This property is priced +3.2% above area average per sq ft

+3.2%
This Property
£367/sq ft
Area Average
£356/sq ft
Avg Rent (weekly)
£320
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£303,668
10% above area average per sq ft
Potential ROI
-3.6%
After renovation
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

Connaught Road, Luton, Bedfordshire, LU4
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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
£1,044
Based on a loan of £213,750 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