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Lansdowne house, Luton

East of England

£850,000
Listed on 24/03/2026

Property Details

Bedrooms
9
Type
Detached
Area
3146 sqft

Description

Nestled on the sought-after Lansdowne Road in Luton, this expansive former care home spans over 3,000 sq ft and represents a unique investment opportunity. With nine sizable bedrooms and four bathrooms, this property provides versatile living spaces that can be adapted for various purposes including continued care operations or as an HMO with the necessary permissions. The generous reception rooms amplify the property’s potential for communal living arrangements or could serve as additional office space. A sizeable rear garden further enhances its appeal, offering outdoor recreational possibilities and room for future development. Notably, planning permission for a double-storey extension has previously been granted, allowing for significant expansion of the living space. Its proximity to Luton Town Centre, local amenities, and transport links ensures strong demand from tenants. With an estimated rental income potential of £7,000 per month, this property is particularly attractive for investors seeking high-yield opportunities in a competitive market. Viewing is strongly encouraged to fully grasp the extensive potential this substantial property holds.

Investment Analysis

(LU3 area)

Below Market Value

This property is priced -24.3% below area average per sq ft

-24.3%
Potential saving
This Property
£270/sq ft
Area Average
£357/sq ft
Avg Rent (weekly)
£304
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£1,235,780
10% above area average per sq ft
Potential ROI
+27.4%
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

Lansdowne house, Luton
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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
£3,066
Based on a loan of £637,500 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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