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Orchard Way, Luton, Bedfordshire

East of England

£475,000
Listed on 05/11/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This three-bedroom detached property is situated on a spacious corner plot, offering a unique blend of comfort and potential for those looking to customize their living space or pursue an investment strategy. The home features a welcoming entrance hall that leads to a generous through lounge, an adaptable dining room or family room, and a well-equipped kitchen. On the upper floor, you'll find three sizeable bedrooms alongside a study/office space and a family bathroom, highlighting the property's functional layout. The property stands out not only for its livability but also for its renovation and development potential. Previously granted planning permission for multiple housing units on the site, buyers have the opportunity to revisit this option (subject to obtaining new consent). Alternatively, with its flexible interior setup and considerable outdoor area, it could be converted into a high-yield House in Multiple Occupation (HMO), making it an attractive prospect for investors. Located within the popular LU4 postcode, this home benefits from proximity to reputable schools, local amenities, and parks. Additionally, key transport links such as the M1 motorway and Leagrave train station make commuting convenient. The corner plot provides ample parking space, along with a garage and an expansive garden area that could be further developed or landscaped according to preference. Whether you envision expanding your family’s living space or are looking for an investment that offers significant growth potential and adaptability, this property presents an excellent opportunity worth considering.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
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

Orchard Way, Luton, Bedfordshire
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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
£1,740
Based on a loan of £356,250 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