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Faringdon Road, Luton, Bedfordshire, LU4

East of England

£335,000
Listed on 15/01/2026

Property Details

Bedrooms
2
Type
Detached house
Area
1020 sqft

Description

This generously sized three-bedroom semi-detached bungalow is situated on a substantial plot within the desirable Poets Area, close to the Luton & Dunstable Borders. The property benefits from a prime location, just a short five-minute stroll from Luton & Dunstable Hospital and roughly ten minutes from Leagrave Train Station, making it highly accessible for both commuters and healthcare professionals. The bungalow presents an excellent investment opportunity with ample potential for extension (subject to planning approval), allowing buyers to tailor the home to their specifications. The layout features an inviting entrance hallway leading to a fitted kitchen, two spacious double bedrooms, and a large lounge that flows seamlessly into a conservatory, enhancing the living area and offering versatile space for various uses. Outside, the property boasts a driveway capable of accommodating multiple vehicles alongside a garage that has been converted into a utility room. There's significant opportunity for further extension or reconfiguration to expand living accommodation as desired (STPP). This home is suited for diverse buyer profiles—whether you're looking to downsize, accommodate a growing family, or simply wish to put your personal touch on an already solid structure. While the bungalow is structurally sound and well-maintained, it does require cosmetic refreshing to unlock its full potential. Faringdon Road enjoys proximity to numerous amenities, excellent transport links including M1 Junction 11, and respected local schools like Ferrars Academy and Chalk Hills Academy within walking distance. Early viewing is encouraged to fully grasp the potential this property holds.

Investment Analysis

(LU4 area)

Below Market Value

This property is priced -7.9% below area average per sq ft

-7.9%
Potential saving
This Property
£328/sq ft
Area Average
£357/sq ft
Avg Rent (weekly)
£334
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£400,274
10% above area average per sq ft
Potential ROI
+9.7%
After renovation
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

Faringdon Road, Luton, Bedfordshire, LU4
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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
£1,227
Based on a loan of £251,250 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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