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Leagrave Road, Luton, LU3 - Image 1
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Leagrave Road, Luton, LU3

East of England

£325,000
Listed on 19/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
963 sqft

Description

This three-bedroom semi-detached house, situated in a desirable area of Luton, presents a prime opportunity for renovation and personalisation. The property showcases the characteristic bay-fronted design typical of the 1930s, offering ample potential for extensions subject to planning permissions, making it an excellent investment for both first-time buyers and seasoned investors. The ground floor features two reception rooms; the front room benefits from a large bay window that floods the space with natural light, while the rear reception provides garden views. The kitchen is functional but requires updating; it includes natural light, plumbing for appliances, and access to a side entrance along with a convenient downstairs shower room with W.C. Upstairs, you'll find three bedrooms - two spacious doubles and a single - with the main double bedroom continuing the charming bay-window aesthetic. The family bathroom is also ready for modernisation. Outdoors, the sizeable rear garden and off-street parking accommodating two cars adds further appeal. With local amenities and Leagrave Train Station nearby, commuting into London takes just about 35-45 minutes, enhancing its attractiveness to working professionals. This property is not only a comfortable home but also offers significant potential for growth through thoughtful renovations.

Investment Analysis

(LU3 area)

Below Market Value

This property is priced -5.7% below area average per sq ft

-5.7%
Potential saving
This Property
£337/sq ft
Area Average
£358/sq ft
Avg Rent (weekly)
£287
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£379,123
10% above area average per sq ft
Potential ROI
+2.5%
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

Leagrave Road, Luton, LU3
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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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