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Old Bedford Road, Luton

East of England

£850,000
Listed on 23/01/2026

Property Details

Bedrooms
4
Type
Detached house
Area
1711 sqft

Description

Situated in the highly regarded Old Bedford Road area of Luton, this spacious four-bedroom family residence presents a valuable opportunity for prospective buyers interested in a property with significant renovation potential. The home boasts expansive views over Barnfield and is conveniently located near reputable local schools, making it ideal for families seeking a blend of space, character, and the chance to modernise according to personal taste. This property has been cherished by its current owners for many years and is now ready for new residents to inject their vision into its future. While the core structure remains sound and offers generously sized rooms, the interior could benefit from updates to align with contemporary living standards. The welcoming entrance hall leads you to three adaptable reception areas that can accommodate formal dining or family leisure activities, as well as providing opportunities for a home office. A well-sized kitchen overlooks the front garden and is complemented by an extended utility room accessible from the dining area, along with an integrated garage on the ground level. A useful downstairs WC adds to the practicality of this floor. On the upper level, the master bedroom stands out due to its extensions, which include a dressing area and an en suite bathroom. Three additional bedrooms and a family bathroom offer ample room for a growing family or guests. Externally, this property is equally impressive. Its front driveway provides convenient parking alongside an integrated garage, while a separate detached garage at the rear offers development prospects (subject to planning permissions). The plot size is generous and allows for creative landscaping or possible extensions to enhance living space further. The property's location enhances its appeal; Bushmead Primary School is within very close proximity and Icknield High School is likewise easily reachable. Excellent transport links ensure that Luton town centre—and its direct rail service into London—are all conveniently accessible, making it suitable for both commuters and families alike. Properties of this quality in such a desirable area rarely become available. This home awaits new owners ready to make it their own while benefiting from its noteworthy investment potential.

Investment Analysis

(LU2 area)

Above Market Value

This property is priced +33.6% above area average per sq ft

+33.6%
This Property
£497/sq ft
Area Average
£372/sq ft
Avg Rent (weekly)
£300
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£699,765
10% above area average per sq ft
Potential ROI
-22.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
66
Average per month
Market Turnover
37%
Properties sold annually

Local Market Trend (LU2)

Area prices are stable by 0.0% over the last 12 months
3 year growth: -0.8%
5 year growth: +16.4%
Investment Disclaimer: Analysis based on LU2 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

Old Bedford 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
£3,066
Based on a loan of £637,500 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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