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Strangers Way, Hockwell Ring, Luton, Bedfordshire, LU4 9NE - Image 1
Strangers Way, Hockwell Ring, Luton, Bedfordshire, LU4 9NE - Image 2
Strangers Way, Hockwell Ring, Luton, Bedfordshire, LU4 9NE - Image 3
Strangers Way, Hockwell Ring, Luton, Bedfordshire, LU4 9NE - Image 4
Strangers Way, Hockwell Ring, Luton, Bedfordshire, LU4 9NE - Image 5
Strangers Way, Hockwell Ring, Luton, Bedfordshire, LU4 9NE - Image 6
Strangers Way, Hockwell Ring, Luton, Bedfordshire, LU4 9NE - Image 7
Strangers Way, Hockwell Ring, Luton, Bedfordshire, LU4 9NE - Image 8
Strangers Way, Hockwell Ring, Luton, Bedfordshire, LU4 9NE - Image 9
Strangers Way, Hockwell Ring, Luton, Bedfordshire, LU4 9NE - Image 10
Strangers Way, Hockwell Ring, Luton, Bedfordshire, LU4 9NE - Image 11

Strangers Way, Hockwell Ring, Luton, Bedfordshire, LU4 9NE

East of England

£300,000
Listed on 15/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1014 sqft

Description

This three-bedroom semi-detached home near Leagrave Station presents a solid foundation for renovation and investment. The layout includes two separate reception rooms, providing opportunities for reconfiguration to suit modern living needs. The ground floor features an entrance porch, a welcoming hall, and a living room that flows into a dining area with glass doors leading to the kitchen. While the kitchen is functional, it could benefit from upgrades to enhance its appeal. Upstairs, you’ll find three reasonably sized bedrooms along with a family bathroom that offers potential for modernization. Outside, the property boasts a block-paved driveway and a low-maintenance rear garden that could be transformed into an inviting outdoor space. With gas heating and double-glazed windows already in place, the essentials are covered. Positioned just 0.7 miles from Leagrave Thameslink station, this property is conveniently located near essential amenities including schools, shopping options, and recreational facilities, making it an attractive prospect for families or investors looking to renovate and capitalize on location advantages.

Investment Analysis

(LU4 area)

Below Market Value

This property is priced -16.8% below area average per sq ft

-16.8%
Potential saving
This Property
£296/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
£396,804
10% above area average per sq ft
Potential ROI
+20.2%
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

Strangers Way, Hockwell Ring, Luton, Bedfordshire, LU4 9NE
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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
£1,099
Based on a loan of £225,000 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