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Oak Road, Luton, Bedfordshire, LU4 8AD - Image 1
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Oak Road, Luton, Bedfordshire, LU4 8AD - Image 7

Oak Road, Luton, Bedfordshire, LU4 8AD

East of England

£199,995
Listed on 01/12/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom terraced property presents a valuable opportunity for renovation enthusiasts or investors. Located in the sought-after Bury Park area, it is just a short walk from local shops and amenities, enhancing its appeal for future occupants or renters. The home boasts two generous reception rooms and a kitchen that could benefit from modern updating, while the first floor comprises two well-sized bedrooms alongside a family bathroom. An enclosed rear garden adds potential for outdoor enhancement or landscaping. The property is equipped with gas radiator heating and double-glazed windows, contributing to initial comfort and efficiency. Offered chain-free, it's an ideal choice for those looking to invest with minimal delay.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£18,000 - £25,000
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

Oak Road, Luton, Bedfordshire, LU4 8AD
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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
£733
Based on a loan of £149,996 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