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Avenue Grimaldi, Luton

East of England

£350,000
Listed on 30/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
991 sqft

Description

This charming semi-detached home, built in the 1930s, is now available in the sought-after LU3 area of Luton. It presents an exciting opportunity for buyers looking to invest and enhance their living space. The property is chain-free and offers potential for significant expansion with options to extend into the loft, alongside or at the rear (subject to planning permission). Inside, you will find two distinct reception rooms featuring bay windows and high ceilings that create a bright and airy atmosphere. The kitchen maintains its original layout, providing a perfect foundation for modernisation or redesign. Outside, a well-established rear garden includes a central path leading to a patio area, complemented by a detached garage. The front garden provides both character and private parking, with additional secure parking options available. This location is not only residential but also conveniently close to schools, shopping facilities, transport links, and other daily amenities, making it ideal for those looking to establish a family home with room for growth.

Investment Analysis

(LU3 area)

Below Market Value

This property is priced -0.8% below area average per sq ft

-0.8%
Potential saving
This Property
£353/sq ft
Area Average
£356/sq ft
Avg Rent (weekly)
£315
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£388,239
10% above area average per sq ft
Potential ROI
-0.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (LU3)

Area prices are stable by +0.5% over the last 12 months
3 year growth: -0.5%
5 year growth: +16.8%
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

Avenue Grimaldi, Luton
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,240
Based on a loan of £262,500 over 30 years at 3.91% 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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