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Ripley Road, Luton

East of England

£315,000
Listed on 06/01/2026

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This two-bedroom semi-detached bungalow presents a promising opportunity for both comfortable living and future investment. The well-maintained property features single-level accommodation, making it accessible and appealing to a diverse range of buyers. With off-street parking and a garage, there is plenty of space for vehicles and additional storage. Inside, the bungalow boasts an inviting layout with two generously sized bedrooms and bright living spaces, perfect for customization or modern updates. Notably, there is significant potential for expansion; opportunities exist to extend the property sideways or at the rear, as well as to convert the loft space, subject to planning permissions. This versatility makes it an ideal target for those looking to enhance value over time. Situated in a convenient location near local amenities, schools, transport links, and L&D Hospital, this property is not only functional but also strategically positioned for commuters or healthcare professionals. Being offered chain-free facilitates a smooth transition for any prospective buyer.

Investment Analysis

(LU4 area)
Area Average
£357/sq ft
Avg Rent (weekly)
£334
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (LU4)

Area prices are stable by +1.8% over the last 12 months
3 year growth: 2.2%
5 year growth: 24.1%
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

Ripley Road, 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
£1,154
Based on a loan of £236,250 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