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Arundel Road, Luton, Bedfordshire, LU4 8DY

East of England

£375,000
Listed on 14/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1081 sqft

Description

This four-bedroom bungalow located in the desirable Maidenhall area of Luton presents an excellent investment opportunity. Currently tenanted, it generates a steady rental income of £1,100 per month, making it an appealing choice for investors looking to enhance their portfolio with a property that offers immediate financial returns. While the property is habitable, it requires substantial updates throughout. This need for modernization provides a unique chance for the new owner to realize considerable value through renovations. The spacious layout includes four genuine double bedrooms, a reception room, and a single bathroom that could be transformed into more contemporary spaces to attract high-quality tenants or future buyers. The large rear garden adds further potential, whether through landscaping or possible extensions (subject to planning permission) to maximize living space or additional bedrooms. This aspect can significantly elevate the property's value in a competitive rental market. Maidenhall is well-regarded for its community-oriented atmosphere and offers access to local amenities, schools, and transport links. With proximity to Luton’s mainline railway station and the M1 motorway, commuting to London is convenient—ideal for families and professionals alike. This chain-free sale promises an uncomplicated process, which is particularly advantageous for cash investors seeking efficiency in transactions. In summary, this bungalow not only holds promise due to its location and tenancy but also presents extensive renovation opportunities that can greatly enhance both rental yield and resale value. The upcoming Open House event on 18th September 2025 will provide an optimal time for interested parties to visualize the potential this property holds.

Investment Analysis

(LU4 area)

Below Market Value

This property is priced -2.5% below area average per sq ft

-2.5%
Potential saving
This Property
£347/sq ft
Area Average
£356/sq ft
Avg Rent (weekly)
£320
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£423,022
10% above area average per sq ft
Potential ROI
-0.5%
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

Arundel Road, Luton, Bedfordshire, LU4 8DY
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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