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Lockington Crescent, Dunstable

East of England

£415,000
Listed on 03/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
860 sqft

Description

This East Dunstable three-bedroom family residence presents a unique opportunity for homeowners and investors alike. The property boasts generous living spaces spread over two floors, complemented by a loft room which could potentially serve as a fourth bedroom, subject to planning permissions. On the ground floor, you'll discover an inviting entrance hall leading to a spacious bay-fronted lounge/dining area ideal for social gatherings, alongside a kitchen that provides access to a sizable rear garden, perfect for future extensions or landscaping. A convenient cloakroom adds practicality to the layout. The upper level houses three well-proportioned bedrooms along with a family bathroom. Outside, the property offers both driveway and garage space, along with potential for expansion (STPP). Located in a desirable area of East Dunstable, it enjoys excellent transport links including easy access to major routes such as the A5 and M1, along with proximity to Luton Airport. Local amenities, including highly-rated schools and robust broadband connectivity make this home suitable for families seeking more space and flexibility. This property stands out as an attractive option for those looking to invest in renovations while benefiting from its strategic location.

Investment Analysis

(LU5 area)

Above Market Value

This property is priced +31.6% above area average per sq ft

+31.6%
This Property
£483/sq ft
Area Average
£367/sq ft
Avg Rent (weekly)
£334
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£346,804
10% above area average per sq ft
Potential ROI
-23.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (LU5)

Area prices are falling by +3.3% over the last 12 months
3 year growth: -0.3%
5 year growth: 25.5%
Investment Disclaimer: Analysis based on LU5 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

Lockington Crescent, Dunstable
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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
£1,520
Based on a loan of £311,250 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