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Front Street, Slip End, LU1

East of England

£365,000
Listed on 02/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
829 sqft

Description

This three-bedroom semi-detached home is situated in the village of Slip End, just a short distance from Harpenden. Although it currently requires modernization, this property presents an excellent opportunity for renovation and potential expansion, subject to obtaining the necessary planning permissions. The layout includes two reception rooms, a kitchen, three bedrooms, and a family bathroom, providing a solid foundation to create a contemporary living space tailored to your preferences. Outside, you'll find a single garage at the rear and gardens that surround the home, offering both outdoor space and potential landscaping opportunities. The property is equipped with gas central heating and double glazing. Its location in Slip End allows for convenient access to Luton, Dunstable, and Harpenden. Additionally, major transport links such as Junctions 9, 10, 11, and 11a of the M1 motorway are easily reachable. For commuters, Luton Parkway Mainline station offers direct services to London St Pancras, while Luton International Airport is also within close proximity. Given its condition and location benefits, this property holds significant investment potential for those looking to enhance its value through renovation or extension. Viewing is recommended to fully appreciate what this home has to offer. The property is being sold freehold with an EPC rating of Band C.

Investment Analysis

(LU1 area)

Above Market Value

This property is priced +34.2% above area average per sq ft

+34.2%
This Property
£440/sq ft
Area Average
£328/sq ft
Avg Rent (weekly)
£234
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£299,240
10% above area average per sq ft
Potential ROI
-26.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (LU1)

Area prices are stable by +0.9% over the last 12 months
3 year growth: 9.5%
5 year growth: 11.3%
Investment Disclaimer: Analysis based on LU1 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

Front Street, Slip End, LU1
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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
£1,337
Based on a loan of £273,750 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