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The Belfry, Luton, LU2

East of England

£435,000
Listed on 29/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1270 sqft

Description

Situated on a desirable corner plot within the renowned Bushmead development, this three-bedroom link-detached home presents an excellent opportunity for renovation and investment. While currently in good condition, this property shows potential for modernization and personalized enhancements across its three floors. The welcoming entrance hall is complemented by notable Karndean flooring, leading into a contemporary lounge featuring an electric fireplace that adds character to the space. A well-appointed kitchen/diner comes equipped with high-quality integrated appliances and soft-close units, though there is room for further upgrades to make it truly reflect modern tastes. Additionally, the spacious family room offers versatile use as an extra bedroom or home office and connects directly to the private rear garden that could benefit from landscaping or extensions—subject to planning permissions. The first floor consists of two double bedrooms with built-in wardrobes and a newly fitted shower room, while the second floor hosts a principal bedroom suite complete with en-suite facilities and skylights. The property also includes ample parking options with a driveway for two vehicles and additional bays. Overall, this home not only meets current living standards but also holds significant potential for future enhancements.

Investment Analysis

(LU2 area)

Below Market Value

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

-7.9%
Potential saving
This Property
£343/sq ft
Area Average
£372/sq ft
Avg Rent (weekly)
£300
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£519,405
10% above area average per sq ft
Potential ROI
+9.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

The Belfry, Luton, LU2
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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
£1,569
Based on a loan of £326,250 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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