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Dallow Road, Luton

East of England

£200,000
Listed on 21/01/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
957 sqft

Description

This three-bedroom period home presents a significant opportunity for those looking to invest in a property ripe for modernization. With approximately 957 sq ft of versatile living space, the layout includes two spacious reception rooms, a kitchen equipped with fitted units, and a ground floor bathroom. The first floor comprises three bedrooms, all accessible from a central landing that also offers loft access, hinting at potential for an extension (STPP). Notably, the property could be adapted into a House in Multiple Occupation (HMO) with appropriate permissions, making it attractive for investors aiming to capitalize on rental demand. The outdoor spaces include both front and rear gardens, adding further appeal. Located conveniently near Luton Central and just a mile from Luton Train Station, this home is well-positioned for commuters. Overall, this property presents an exciting canvas for renovation enthusiasts and prospective landlords alike.

Investment Analysis

(LU1 area)

Below Market Value

This property is priced -36.5% below area average per sq ft

-36.5%
Potential saving
This Property
£209/sq ft
Area Average
£329/sq ft
Avg Rent (weekly)
£241
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£346,286
10% above area average per sq ft
Potential ROI
+38.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (LU1)

Area prices are stable by +1.7% over the last 12 months
3 year growth: +9.3%
5 year growth: +8.3%
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

Dallow Road, Luton
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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
£721
Based on a loan of £150,000 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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