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

East of England

£270,000
Listed on 07/03/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
723 sqft

Description

This two-bedroom semi-detached home, located on Runfold Avenue within the sought-after Icknield catchment area, promises a significant opportunity for those looking to invest in a property that they can personalize. While the interior currently requires modernization, it provides a substantial platform for creativity and potential enhancement. The layout encourages reconfiguration for improved functionality, with two well-sized bedrooms and ample living space. Outside, the generous rear garden offers excellent possibilities for landscaping or outdoor entertaining, catering perfectly to families or garden enthusiasts. A driveway leading to a detached garage adds valuable off-road parking and storage options. Situated in a well-established neighborhood in northern Luton, residents will benefit from proximity to local amenities, schools—such as Icknield Primary and Icknield High School—and efficient transport links including Leagrave railway station with direct services into London. This property stands out as a promising investment for those willing to apply their vision towards renovation and future value creation.

Investment Analysis

(LU3 area)

Above Market Value

This property is priced +4.6% above area average per sq ft

+4.6%
This Property
£373/sq ft
Area Average
£357/sq ft
Avg Rent (weekly)
£304
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£284,002
10% above area average per sq ft
Potential ROI
-8.4%
After renovation
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
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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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