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Montrose Avenue, Luton

East of England

£500,000
Listed on 06/02/2026

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1594 sqft

Description

Located on the sought-after Montrose Avenue in Luton, this spacious four-bedroom semi-detached home presents a substantial opportunity for both families and investors. The property features a well-thought-out layout that could be easily adapted to align with contemporary living standards. With a sizable private driveway that caters to ample off-street parking, there is also significant potential for extension (subject to planning approvals), making this residence an enticing prospect for long-term value enhancement.<br><br>Internally, the ground floor consists of a generously sized kitchen/diner, alongside a separate lounge and an extra reception room that can serve various purposes—whether as an entertaining area or a family room. A convenient downstairs WC adds to the functionality of this level. The first floor hosts four adequately sized bedrooms complemented by two bathrooms, providing comfortable accommodation.<br><br>A standout feature of this home is the basement, which not only offers excellent storage but also presents exciting possibilities for conversion into additional living space. The large rear garden further enhances the property's appeal, offering ample room for outdoor activities or future development projects. This property promises both comfort and exceptional renovation potential.

Investment Analysis

(LU3 area)

Below Market Value

This property is priced -12.4% below area average per sq ft

-12.4%
Potential saving
This Property
£314/sq ft
Area Average
£358/sq ft
Avg Rent (weekly)
£287
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£627,542
10% above area average per sq ft
Potential ROI
+14.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (LU3)

Area prices are stable by +1.0% over the last 12 months
3 year growth: +0.8%
5 year growth: +17.2%
Investment Disclaimer: Analysis based on LU3 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

Montrose Avenue, 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
£1,803
Based on a loan of £375,000 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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