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Blundell Road, Luton, Bedfordshire, LU3 1SW - Image 1
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Blundell Road, Luton, Bedfordshire, LU3 1SW

East of England

£375,000
Listed on 06/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
865 sqft

Description

This three-bedroom detached bungalow presents a noteworthy opportunity for those looking to invest in a property with renovation potential. Located in the desirable Leagrave area of Luton, this chain-free home offers not only comfortable living space but also significant scope for transformation. The sizeable driveway leads to a separate garage, enhancing off-street parking options – a valuable asset in urban settings. Inside, the bungalow features three well-sized bedrooms, a family bathroom, and a spacious reception room. While functional and ready for immediate occupancy, the interior serves as an excellent blank canvas for buyers eager to modernise and tailor the space to their preferences. Given the practical layout, there are plentiful opportunities to reconfigure or upgrade rooms. One standout factor is the generous plot size that lends itself well to potential extensions or alterations (subject to appropriate planning permissions). This flexibility makes it especially appealing for families or individuals wishing to enhance their living environment with additional spaces like extra bedrooms or modern open-plan areas. The expansive garden is another highlight, providing ample outdoor space that could be developed into an attractive landscaped area or serve as a peaceful retreat. Notably, it backs onto playing fields, ensuring unobstructed views and a tranquil ambiance rarely found in busy urban locales. Situated conveniently near local amenities—shops, schools, and recreational facilities—the location enhances this property's appeal. Leagrave Train Station offers easy access to direct trains into London St Pancras International, making it ideal for commuters. The nearby M1 motorway also facilitates straightforward travel. This is an exceptional chance for buyers seeking not just a home but also a project with future growth potential in one of Luton's most sought-after areas.

Investment Analysis

(LU3 area)

Above Market Value

This property is priced +22.8% above area average per sq ft

+22.8%
This Property
£434/sq ft
Area Average
£353/sq ft
Avg Rent (weekly)
£294
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£335,832
10% above area average per sq ft
Potential ROI
-21.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (LU3)

Area prices are stable by +0.6% over the last 12 months
3 year growth: 2.3%
5 year growth: 17.5%
Investment Disclaimer: Analysis based on LU3 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

Blundell Road, Luton, Bedfordshire, LU3 1SW
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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
£1,374
Based on a loan of £281,250 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