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Priestleys, Luton

East of England

£575,000
Listed on 02/04/2026

Property Details

Bedrooms
6
Type
Semi Detached
Area
1475 sqft

Description

This spacious six-bedroom home located on a corner plot in Farley Hill offers notable potential for renovation and expansion. The property features a significant opportunity to extend both at the rear and into the loft, subject to obtaining the necessary planning permissions. This could enable you to tailor the space to your preferences while potentially enhancing its market value. The first floor accommodates five bedrooms alongside a family bathroom, ideal for larger families or as rental accommodation. Additionally, there is a one-bedroom annex situated within the wrap-around garden, providing further versatility for guests or tenants. Off-street parking is available at both the front and rear of the property. With local amenities, schools, and transport links nearby, this home presents an attractive canvas for those looking to invest in a transformative project.

Investment Analysis

(LU1 area)

Above Market Value

This property is priced +17.7% above area average per sq ft

+17.7%
This Property
£390/sq ft
Area Average
£331/sq ft
Avg Rent (weekly)
£247
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£537,534
10% above area average per sq ft
Potential ROI
-17.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (LU1)

Area prices are stable by +0.8% over the last 12 months
3 year growth: +7.4%
5 year growth: +5.8%
Investment Disclaimer: Analysis based on LU1 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

Priestleys, 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
£2,037
Based on a loan of £431,250 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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