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Evelyn Road, Dunstable, LU5

East of England

£350,000
Listed on 31/01/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
963 sqft

Description

This two-bedroom semi-detached bungalow is located on the Dunstable/Luton borders, offering an excellent opportunity for those looking to invest in a property with significant renovation potential. Upon entry, you are greeted by a spacious hallway leading into a light-filled lounge, perfect for casual evenings. Both bedrooms are generously sized doubles, providing ample room that can accommodate family members or be transformed into a home office space. The kitchen features a sizable breakfast area, ideal for relaxed morning meals or informal dining gatherings. Additionally, the garden room at the rear offers versatility for entertaining or enjoying some quiet reading time. Occupying a well-proportioned plot, this property presents great possibilities for expansion, subject to necessary planning permissions. Benefitting from both a garage and parking facilities adds further convenience to daily living, making this bungalow an appealing prospect for those looking to add value through thoughtful renovations.

Investment Analysis

(LU5 area)

Below Market Value

This property is priced -1.2% below area average per sq ft

-1.2%
Potential saving
This Property
£363/sq ft
Area Average
£368/sq ft
Avg Rent (weekly)
£335
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£389,664
10% above area average per sq ft
Potential ROI
-0.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (LU5)

Area prices are falling by -3.1% over the last 12 months
3 year growth: -1.4%
5 year growth: +21.2%
Investment Disclaimer: Analysis based on LU5 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

Evelyn Road, Dunstable, LU5
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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
£1,262
Based on a loan of £262,500 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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