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Meyrick Avenue, South Luton, Luton, Bedfordshire, LU1 5JN - Image 1
Meyrick Avenue, South Luton, Luton, Bedfordshire, LU1 5JN - Image 2
Meyrick Avenue, South Luton, Luton, Bedfordshire, LU1 5JN - Image 3
Meyrick Avenue, South Luton, Luton, Bedfordshire, LU1 5JN - Image 4
Meyrick Avenue, South Luton, Luton, Bedfordshire, LU1 5JN - Image 5
Meyrick Avenue, South Luton, Luton, Bedfordshire, LU1 5JN - Image 6
Meyrick Avenue, South Luton, Luton, Bedfordshire, LU1 5JN - Image 7
Meyrick Avenue, South Luton, Luton, Bedfordshire, LU1 5JN - Image 8
Meyrick Avenue, South Luton, Luton, Bedfordshire, LU1 5JN - Image 9

Meyrick Avenue, South Luton, Luton, Bedfordshire, LU1 5JN

East of England

£285,000
Listed on 01/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
892 sqft

Description

This chain-free three-bedroom family residence presents a promising opportunity for renovation and investment. The property features a welcoming entrance hall that leads to a spacious lounge with a double-glazed front window and an inviting fireplace. Adjacent is a separate dining room, which boasts French doors opening to the expansive rear garden, enhancing the flow of natural light. The kitchen, while in need of comprehensive updating, includes a useful storage area and a downstairs guest cloakroom for added convenience. Upstairs, you’ll find two generously sized double bedrooms alongside a single bedroom, while the bathroom includes a basic three-piece suite with an overhead shower. The outdoor space consists of both front and back gardens, further enhancing the potential appeal. Located within close proximity to Luton mainline station and reputable local schools such as Whipperley/Farley Hill primary and Stockwood Park Academy, this property is ripe for transformation to suit modern living.

Investment Analysis

(LU1 area)

Below Market Value

This property is priced -2.6% below area average per sq ft

-2.6%
Potential saving
This Property
£320/sq ft
Area Average
£328/sq ft
Avg Rent (weekly)
£234
Avg Yield
4.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£321,981
10% above area average per sq ft
Potential ROI
-0.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (LU1)

Area prices are stable by +0.9% over the last 12 months
3 year growth: 9.5%
5 year growth: 11.3%
Investment Disclaimer: Analysis based on LU1 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

Meyrick Avenue, South Luton, Luton, Bedfordshire, LU1 5JN
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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
£1,044
Based on a loan of £213,750 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