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The Magpies, Luton

East of England

£325,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
649 sqft

Description

This property is a three-bedroom freehold house located at the end of a quiet cul-de-sac, offering an expansive plot that features a generous rear garden with considerable scope for extension (subject to planning permission). Nestled in the Bushmead area of Luton, LU2, this home presents a valuable opportunity for renovation and investment. The layout includes an open-plan lounge, dining area, and kitchen on the ground floor, while the upper level hosts three bedrooms and a family bathroom. The garden is mainly lawned and includes an outbuilding equipped with power and lighting, which could be repurposed into a useful workspace or recreational area. With parking available for two vehicles in front, the property is well-suited for families looking to establish their base in a community-oriented neighbourhood. Bushmead itself boasts local amenities such as shops, restaurants, and schools including Bushmead Primary School. Convenient transport links are nearby, providing easy access to Luton railway stations. Considering the potential for further development and personalization within this home, it holds significant appeal for those looking to invest in a project that can yield substantial returns.

Investment Analysis

(LU2 area)

Above Market Value

This property is priced +35.2% above area average per sq ft

+35.2%
This Property
£501/sq ft
Area Average
£370/sq ft
Avg Rent (weekly)
£298
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£264,357
10% above area average per sq ft
Potential ROI
-24.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (LU2)

Area prices are rising by +2.4% over the last 12 months
3 year growth: 8.8%
5 year growth: 21.4%
Investment Disclaimer: Analysis based on LU2 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

The Magpies, Luton
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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
£1,191
Based on a loan of £243,750 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