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Shakespeare Road, Luton, Bedfordshire

East of England

£325,000
Listed on 29/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
893 sqft

Description

This three-bedroom semi-detached house, constructed in the 1950s, presents an excellent opportunity for renovation enthusiasts and investors. Located conveniently near Luton & Dunstable Hospital and with easy access to M1 commuter routes, the property is ideal for families seeking a project. The layout spans two floors and features a welcoming driveway suitable for two vehicles, leading to a single garage. Inside, the entrance hall provides access to the lounge and dining room as well as a galley-style kitchen with a side door opening into a generously sized rear garden. On the first floor, buyers will find two spacious double bedrooms alongside a smaller third bedroom, plus a family bathroom equipped with essential amenities. While the home requires modernization, it offers significant potential for creating a comfortable living space tailored to contemporary tastes. Additionally, there is no onward chain.

Investment Analysis

(LU4 area)

Above Market Value

This property is priced +2.3% above area average per sq ft

+2.3%
This Property
£364/sq ft
Area Average
£356/sq ft
Avg Rent (weekly)
£318
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£349,355
10% above area average per sq ft
Potential ROI
-4.3%
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
27%
Properties sold annually

Local Market Trend (LU4)

Area prices are stable by +1.4% over the last 12 months
3 year growth: +2.2%
5 year growth: +23.8%
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

Shakespeare Road, Luton, Bedfordshire
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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
£1,172
Based on a loan of £243,750 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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