Worst House on the Street Logo
Olympic Close, LUTON, Bedfordshire, LU3 - Image 1
Olympic Close, LUTON, Bedfordshire, LU3 - Image 2
Olympic Close, LUTON, Bedfordshire, LU3 - Image 3
Olympic Close, LUTON, Bedfordshire, LU3 - Image 4
Olympic Close, LUTON, Bedfordshire, LU3 - Image 5
Olympic Close, LUTON, Bedfordshire, LU3 - Image 6
Olympic Close, LUTON, Bedfordshire, LU3 - Image 7
Olympic Close, LUTON, Bedfordshire, LU3 - Image 8
Olympic Close, LUTON, Bedfordshire, LU3 - Image 9
Olympic Close, LUTON, Bedfordshire, LU3 - Image 10
Olympic Close, LUTON, Bedfordshire, LU3 - Image 11
Olympic Close, LUTON, Bedfordshire, LU3 - Image 12
Olympic Close, LUTON, Bedfordshire, LU3 - Image 13
Olympic Close, LUTON, Bedfordshire, LU3 - Image 14
Olympic Close, LUTON, Bedfordshire, LU3 - Image 15

Olympic Close, LUTON, Bedfordshire, LU3

East of England

£285,000
Listed on 31/03/2026

Property Details

Bedrooms
3
Type
Terraced
Area
973 sqft

Description

This three-bedroom property on Olympic Close offers an ideal canvas for those looking to personalize their living space. While structurally robust, the home requires comprehensive modernisation throughout, making it an appealing project for first-time buyers or investors eager to imprint their style. The existing layout boasts ample living space on the ground floor along with three well-sized bedrooms and a family bathroom upstairs. With thoughtful renovations, this residence can be upgraded into a functional and stylish family home. Set in a tranquil cul-de-sac within Luton’s Northwell area, this property combines urban convenience with suburban charm. Essential amenities, including supermarkets and convenience shops, are within walking distance, enhancing daily life. Families will appreciate the proximity to respected schools such as Whitefield Primary Academy and Lea Manor High School. For commuters, the location is advantageous with reliable transport links nearby, including bus routes and Leagrave railway station offering direct services to London. The M1 motorway is also easily accessible. Moreover, the nearby green spaces provide opportunities for recreation and relaxation. This property stands as a remarkable opportunity for buyers looking to invest in a well-connected area while crafting a home tailored to their needs.

Investment Analysis

(LU3 area)

Below Market Value

This property is priced -17.8% below area average per sq ft

-17.8%
Potential saving
This Property
£293/sq ft
Area Average
£356/sq ft
Avg Rent (weekly)
£315
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£381,187
10% above area average per sq ft
Potential ROI
+15.5%
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

Olympic Close, LUTON, Bedfordshire, LU3
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,009
Based on a loan of £213,750 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates