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Runfold Avenue, Luton, Bedfordshire, LU3 2EL - Image 1
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Runfold Avenue, Luton, Bedfordshire, LU3 2EL - Image 8
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Runfold Avenue, Luton, Bedfordshire, LU3 2EL

East of England

£270,000
Listed on 05/03/2026

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This two-bedroom house on Runfold Avenue in Luton presents a noteworthy opportunity for those looking to invest in a property with significant renovation potential. With the added convenience of being chain-free, it's an appealing option for first-time buyers or investors eager to enhance their portfolio. The property requires modernisation, allowing new owners to personalize the space according to their vision and preferences. Inside, the home features two spacious double bedrooms and a single reception room that can function as a cozy living area or an entertaining space. The existing layout offers practicality, offering a strong foundation for refurbishment work. The bathroom is adequately sized but could benefit from updates. One of the prime assets of this house is its expansive rear garden, which opens up possibilities for landscaping and creating an inviting outdoor area ideal for relaxation or gatherings. This backyard can become a private sanctuary and greatly increase the property's appeal. Located in the desirable Runfold area of Luton, this residence benefits from a community-oriented atmosphere and access to local amenities. The excellent transport links provided by nearby Leagrave train station make it particularly attractive for commuters heading to central London. Given its strong location and the potential for enhancement through renovation, this property stands out as an investment opportunity that shouldn't be missed.

Investment Analysis

(LU3 area)
Area Average
£357/sq ft
Avg Rent (weekly)
£304
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (LU3)

Area prices are rising by +2.9% over the last 12 months
3 year growth: +1.5%
5 year growth: +18.4%
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

Runfold Avenue, Luton, Bedfordshire, LU3 2EL
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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
£974
Based on a loan of £202,500 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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