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Gladstone Avenue, Luton, Bedfordshire, LU1 1QL - Image 1
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Gladstone Avenue, Luton, Bedfordshire, LU1 1QL - Image 8
Gladstone Avenue, Luton, Bedfordshire, LU1 1QL - Image 9

Gladstone Avenue, Luton, Bedfordshire, LU1 1QL

East of England

£260,000
Listed on 06/01/2026

Property Details

Bedrooms
4
Type
Terraced house
Area
948 sqft

Description

This four-bedroom townhouse presents a unique opportunity for renovation enthusiasts and investors on Gladstone Avenue, located conveniently in the centre of Luton. The property is available chain-free, allowing for a straightforward purchase process. Spanning three floors, it offers a flexible layout that can be tailored to various living arrangements or investment strategies, such as transforming it into a family home or converting it into a House in Multiple Occupation (HMO) to capitalize on rental yield. Significantly, the property is in need of full modernisation, providing a blank canvas for the new owner to infuse their design vision. Envision creating an inviting modern space that utilizes the generous room sizes while enhancing functionality and aesthetic appeal. This renovation presents an excellent opportunity to increase value in a competitive market. The location further enhances its investment potential with proximity to Luton Train Station and the vibrant town centre, offering easy access to retail amenities, dining options, and educational institutions. Additionally, permit parking increases convenience for residents. Overall, this townhouse is ideal for buyers looking to embark on an exciting project in a sought-after area.

Investment Analysis

(LU1 area)

Below Market Value

This property is priced -16.6% below area average per sq ft

-16.6%
Potential saving
This Property
£274/sq ft
Area Average
£329/sq ft
Avg Rent (weekly)
£243
Avg Yield
4.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£342,873
10% above area average per sq ft
Potential ROI
-2.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (LU1)

Area prices are stable by +0.2% over the last 12 months
3 year growth: 8.1%
5 year growth: 8.5%
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

Gladstone Avenue, Luton, Bedfordshire, LU1 1QL
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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
£952
Based on a loan of £195,000 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