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Ormsby Close, Luton, Bedfordshire, LU1 3SN

East of England

£240,000
Listed on 23/01/2026

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This two-bedroom semi-detached house in the sought-after South Luton area presents a valuable opportunity for buyers looking to invest in a property ripe for renovation. Located on Ormsby Close and with the added benefit of being chain-free, this home offers a blank slate for those eager to make substantial improvements throughout. Its potential is particularly appealing to first-time buyers keen to personalize their living space or investors interested in enhancing rental appeal. The layout includes two spacious bedrooms, a bathroom, and a reception room, allowing for versatile living arrangements suitable for individuals or small families. Although the interior requires updates, the solid structure and advantageous position of the property enhance its appeal. The location boasts excellent transport links, including proximity to Luton Airport, which is ideal for commuters or frequent travelers. Families will appreciate access to reputable schools within the catchment area, alongside local amenities and parks nearby that enrich the community experience. Additionally, off-street parking is available through a garage in a nearby block—an invaluable asset in residential settings. The semi-detached design provides extra privacy while maintaining a sense of space typical of this desirable neighborhood. Overall, this property offers significant potential for appreciation post-renovation at an attractive price point. Whether you are entering the housing market or looking to expand your investment portfolio, this residence on Ormsby Close should not be overlooked. Arrange a viewing today to explore how you can reimagine this charming home into your dream residence.

Investment Analysis

(LU1 area)
Area Average
£329/sq ft
Avg Rent (weekly)
£241
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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

Ormsby Close, Luton, Bedfordshire, LU1 3SN
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£866
Based on a loan of £180,000 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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