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Fitzroy Avenue, Luton, Bedfordshire, LU3

East of England

£400,000
Listed on 09/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1098 sqft

Description

This semi-detached property, showcasing its charming 1930s bay-fronted design, presents an excellent investment opportunity in a well-established part of Luton. With a generous footprint, there is substantial potential for enhancement, particularly given the previous approval for a double-storey extension, allowing for the transformation into a spacious 5-6 bedroom family home. Currently configured as a comfortable 3-4 bedroom residence, it offers versatile living spaces including two reception rooms that provide ample room for both relaxation and entertainment. The rear reception room features patio doors that open to a sizable garden, enhancing the indoor-outdoor living experience. The practical kitchen boasts good storage alongside side access to the garden. Upstairs, three sizeable bedrooms are complemented by a loft conversion that serves as an additional bedroom or flexible space. A family bathroom and an extra toilet on the ground floor contribute to the home's functionality. The outdoor area includes a generous garden with patio space, suitable for further development (STPP), while a detached garage and driveway increase convenience. Set in a highly desirable area close to schools and transport links, this property awaits your vision for improvement and growth.

Investment Analysis

(LU3 area)

Above Market Value

This property is priced +2.3% above area average per sq ft

+2.3%
This Property
£364/sq ft
Area Average
£356/sq ft
Avg Rent (weekly)
£315
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£430,158
10% above area average per sq ft
Potential ROI
-6.5%
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

Fitzroy Avenue, Luton, Bedfordshire, LU3
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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
£1,417
Based on a loan of £300,000 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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