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Nunnery Lane, Luton, Bedfordshire, LU3 1XA

East of England

£385,000
Listed on 01/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1009 sqft

Description

Located in the sought-after Leagrave neighborhood of Luton, this three-bedroom property represents a valuable opportunity for families looking for a spacious residence with ample investment potential. The home features two sizeable reception areas that can easily be adapted for various uses, providing both comfort and flexibility. The design promotes both privacy and communal living, ideal for modern family dynamics. The upstairs accommodates three well-sized bedrooms that are filled with natural light, each offering possibilities for customization to fit individual needs, whether it’s crafting a serene sleeping space or a productive study area. A single, adequately maintained bathroom caters to the household's needs. Families will appreciate the property's access to reputable schools within a desirable catchment area, making it an excellent choice for those with children. Commuters will benefit from its proximity to Leagrave Train Station, which offers efficient links to London and other destinations. Outdoor enthusiasts will enjoy the extensive rear garden which presents opportunities for landscaping and outdoor entertainment, while off-road parking adds to the convenience of this appealing home. Furthermore, there is significant potential for extensions or renovations—subject to planning permission—which could enhance living spaces and add value over time. Potential projects could include adding more bedrooms or creating open-plan living areas tailored to contemporary lifestyles. In summary, this three-bedroom house is not only a family home but also a platform for future development in a vibrant community. With its generous spaces and prime location, early viewings are encouraged to fully explore what this property has to offer.

Investment Analysis

(LU3 area)

Above Market Value

This property is priced +7.1% above area average per sq ft

+7.1%
This Property
£382/sq ft
Area Average
£356/sq ft
Avg Rent (weekly)
£315
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£395,291
10% above area average per sq ft
Potential ROI
-5.9%
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

Nunnery Lane, Luton, Bedfordshire, LU3 1XA
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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
£1,364
Based on a loan of £288,750 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.

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