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Elmwood Crescent, Luton, Bedfordshire, LU2 7HX - Image 1
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Elmwood Crescent, Luton, Bedfordshire, LU2 7HX

East of England

£375,000
Listed on 21/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
920 sqft

Description

This three-bedroom semi-detached home, featuring a charming bay window, is located on the popular Elmwood Crescent in Luton. A chain-free sale adds to its appeal, presenting a prime opportunity for renovation enthusiasts or investors looking to make substantial improvements. The property requires modernisation throughout, making it a blank slate for those eager to infuse their personal style and preferences. Upon entry, a spacious hallway welcomes you and leads into two sizeable reception rooms that offer versatility for family activities and entertaining. These areas can be easily reconfigured to enhance flow or create more functional living spaces. The kitchen also awaits a contemporary redesign to meet modern standards of comfort and usability. On the first floor, there are three well-sized bedrooms, ideal for accommodating family needs, while the family bathroom is positioned conveniently at this level and is ripe for updating. The large rear garden stands out as an exceptional feature of this property. This ample outdoor space holds great promise for landscaping ventures or even potential extensions, pending planning approval—ideal for families seeking both recreational space and privacy. Situated in the desirable Old Bedford Road area, this home benefits from proximity to well-regarded schools, local amenities, shops, and recreational areas. Wardown Park is nearby as well, offering scenic walks and leisure opportunities. For commuters, Luton Train Station provides excellent transport links to London and surrounding areas. Overall, this property represents a rare chance for buyers aiming to enhance their investment through renovations while enjoying the advantages of an appealing location.

Investment Analysis

(LU2 area)

Above Market Value

This property is priced +9.6% above area average per sq ft

+9.6%
This Property
£408/sq ft
Area Average
£372/sq ft
Avg Rent (weekly)
£300
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£376,262
10% above area average per sq ft
Potential ROI
-11.5%
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

Elmwood Crescent, Luton, Bedfordshire, LU2 7HX
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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
£1,352
Based on a loan of £281,250 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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