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Purcell Road, Luton

East of England

£310,000
Listed on 02/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
872 sqft

Description

Situated in a desirable and tranquil part of Luton, this three-bedroom semi-detached house offers an excellent opportunity for those looking to invest in a property with considerable renovation potential. Being sold chain-free, this home provides a blank slate for prospective buyers keen on personalizing their living space. Upon entry, the interior welcomes you with spacious rooms that exude comfort and livability. The ground floor features two separate reception areas, which can easily be transformed to suit various needs, from cozy family gatherings to entertaining friends. Although some updating is required throughout the property, this invites new owners to redesign the space according to their own tastes and preferences. The first floor comprises three well-sized bedrooms that serve as perfect retreats after a long day. Ideal for families or those needing a home office setup, these bedrooms are complemented by a family bathroom that is primed for modern enhancements, along with a separate WC offering added convenience. A key highlight of this property is the substantial scope for extension (subject to planning permissions), presenting an exciting chance to expand the living area—consider options such as an open-plan kitchen-diner or an additional bedroom. Furthermore, there's potential for creating off-road parking, an increasingly valuable asset in today's housing market. Externally, the property features a garden space ripe for landscaping into an inviting outdoor sanctuary. Located in a peaceful neighborhood yet well-connected to transport links ensures residents enjoy both serenity and accessibility. This location allows easy commutes and access to local amenities and schools. This semi-detached residence is not just a house; it's a canvas ready for investment and transformation. With its solid structure, potential for modernization and expansion, coupled with its desirable location, early viewing is essential to appreciate everything this home has to offer.

Investment Analysis

(LU4 area)

Below Market Value

This property is priced -0.4% below area average per sq ft

-0.4%
Potential saving
This Property
£356/sq ft
Area Average
£357/sq ft
Avg Rent (weekly)
£315
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £35,000
Target Value
£342,291
10% above area average per sq ft
Potential ROI
-0.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (LU4)

Area prices are stable by -0.7% over the last 12 months
3 year growth: +0.5%
5 year growth: +21.8%
Investment Disclaimer: Analysis based on LU4 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

Purcell Road, 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
£1,098
Based on a loan of £232,500 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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