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Old Bedford Road, Luton, Bedfordshire, LU2 7BY - Image 1
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Old Bedford Road, Luton, Bedfordshire, LU2 7BY

East of England

£650,000
Listed on 06/04/2026

Property Details

Bedrooms
4
Type
Detached
Area
1342 sqft

Description

This well-appointed four-bedroom detached family home presents a promising opportunity for those looking to invest in a property with significant potential. Located on the desirable Old Bedford Road, this residence boasts a generous plot that offers various avenues for expansion (subject to planning). The property features an expansive double garage and a brick-paved driveway, ensuring plenty of off-road parking along with secure double gates for easy access. Inside, the spacious ground floor includes an entrance hall, cloakroom, and a 12ft kitchen/breakfast room with ample counter space. The living area extends into a 15ft living room that flows into a dining area, equipped with sliding doors opening to the rear garden. An additional study provides flexibility for those needing workspace. The first floor accommodates four well-sized double bedrooms, three of which have built-in wardrobes, alongside a four-piece bathroom suite. Notable features include gas central heating serviced annually, access to a sizable loft for storage or potential conversion, and double-glazed windows throughout. This property is set within walking distance of local amenities and schools, making it an ideal choice for families seeking space and future growth opportunities. Given its condition and layout, this home stands out as an attractive renovation project to enhance its appeal.

Investment Analysis

(LU2 area)

Above Market Value

This property is priced +30.2% above area average per sq ft

+30.2%
This Property
£484/sq ft
Area Average
£372/sq ft
Avg Rent (weekly)
£297
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£549,073
10% above area average per sq ft
Potential ROI
-21.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
78
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (LU2)

Area prices are stable by 0.0% over the last 12 months
3 year growth: -1.5%
5 year growth: +17.1%
Investment Disclaimer: Analysis based on LU2 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

Old Bedford Road, Luton, Bedfordshire, LU2 7BY
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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
£2,302
Based on a loan of £487,500 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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