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Kingsway, Luton, Bedfordshire, LU1 1TT

East of England

£215,000
Listed on 10/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
902 sqft

Description

This three-bedroom end-of-terrace property presents a unique opportunity for those looking to invest in renovation projects. The home features an entrance hall, two distinct reception rooms, a kitchen, a landing space, and a bathroom, providing a solid foundation for modernization efforts. The interior layout allows for creative reconfigurations to enhance functionality and aesthetic appeal. Each of the three bedrooms has the potential to be transformed into comfortable living spaces that could meet various needs, whether for families or rental purposes. The outdoor areas further expand the property's potential. A spacious rear garden not only offers a serene outdoor retreat but also presents opportunities for extension or landscaping projects, pending necessary planning permissions. Additionally, the front garden holds promise for off-road driveway parking, creating added convenience and value. Situated in a location with favorable access to local amenities and transport links, this property is well-positioned for future growth and marketability. Cash buyers are preferred, as proof of funds will be required to facilitate a smooth transaction. With its current condition and prime location, this property is ripe for transformation into an attractive investment opportunity.

Investment Analysis

(LU1 area)

Below Market Value

This property is priced -27.4% below area average per sq ft

-27.4%
Potential saving
This Property
£238/sq ft
Area Average
£328/sq ft
Avg Rent (weekly)
£234
Avg Yield
4.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£325,590
10% above area average per sq ft
Potential ROI
+10.4%
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

Kingsway, Luton, Bedfordshire, LU1 1TT
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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
£788
Based on a loan of £161,250 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