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Hazelwood Close, Luton, LU2 - Image 1
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Hazelwood Close, Luton, LU2 - Image 3
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Hazelwood Close, Luton, LU2 - Image 6
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Hazelwood Close, Luton, LU2 - Image 9

Hazelwood Close, Luton, LU2

East of England

£230,000
Listed on 21/02/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
650 sqft

Description

This two-bedroom terraced property in the desirable Stopsley area presents an excellent opportunity for those looking to invest or transform a space into their ideal home. Although comprehensive modernization is needed throughout, the property features solid structural elements and comes equipped with gas central heating. The private rear garden offers an inviting space for outdoor gatherings, complemented by the convenience of a garage at the back. Its location is advantageous, with proximity to esteemed schools, quick access to the M1 motorway, transport links, and Luton Airport. Being sold chain-free allows for a faster transaction on this promising renovation project.

Investment Analysis

(LU2 area)

Below Market Value

This property is priced -4.8% below area average per sq ft

-4.8%
Potential saving
This Property
£354/sq ft
Area Average
£372/sq ft
Avg Rent (weekly)
£300
Avg Yield
4.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£265,837
10% above area average per sq ft
Potential ROI
-1.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Hazelwood Close, 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
£830
Based on a loan of £172,500 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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