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Homerton Road, Luton, Bedfordshire, LU3 - Image 1
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Homerton Road, Luton, Bedfordshire, LU3 - Image 3
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Homerton Road, Luton, Bedfordshire, LU3

East of England

£360,000
Listed on 06/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1252 sqft

Description

This spacious detached house, situated on a generous corner plot in a desirable area of Luton, presents a unique opportunity for those looking to invest in a property with significant renovation potential. The home features an existing extension and is currently configured as a three to four-bedroom residence, offering flexible living spaces that are ready to be modernized. With rooms that can be repurposed—such as the extended side room with en-suite—this property allows for various configurations, accommodating family needs or creating additional office space. The extensive garden adds outdoor appeal and possibilities for further development (subject to planning permission). Nestled in the family-friendly Limbury Mead neighborhood, it benefits from proximity to local schools, amenities, and excellent transport links. Ideal for buyers interested in refurbishing and enhancing this substantial family home while tapping into the area's growth potential.

Investment Analysis

(LU3 area)

Below Market Value

This property is priced -19.7% below area average per sq ft

-19.7%
Potential saving
This Property
£288/sq ft
Area Average
£358/sq ft
Avg Rent (weekly)
£287
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£492,900
10% above area average per sq ft
Potential ROI
+12.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (LU3)

Area prices are stable by +1.0% over the last 12 months
3 year growth: +0.8%
5 year growth: +17.2%
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

Homerton Road, Luton, Bedfordshire, LU3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,298
Based on a loan of £270,000 over 30 years at 4.06% 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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