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Axe Close, Luton

East of England

£280,000
Listed on 14/04/2026

Property Details

Bedrooms
4
Type
Town House
Area
1318 sqft

Description

This four/five-bedroom mid-terraced townhouse presents a promising opportunity for those looking to invest in a renovation project. Spanning three levels, the property is marked by its spacious layout and offers ample potential for modernization. Upon entry, you'll find a versatile entrance hall leading to two ground floor rooms that could serve as bedrooms or reception areas, complemented by a convenient cloakroom. The first floor features an open-plan kitchen and dining area along with a sizeable lounge and family bathroom. The upper level houses three additional bedrooms, ideal for family living. The exterior includes off-street parking at the front, while the rear garden requires attention due to overgrowth, alongside the benefit of a garage. Located within a quiet cul-de-sac in a desirable residential neighborhood, this property is well-positioned near local shops, schools and green spaces ideal for families and professionals alike. Transportation links are excellent, providing easy access to Luton town centre and mainline rail services to London and other key destinations. This home offers not just living space but also the potential for significant value enhancement through thoughtful renovations.

Investment Analysis

(LU3 area)

Below Market Value

This property is priced -40.4% below area average per sq ft

-40.4%
Potential saving
This Property
£212/sq ft
Area Average
£356/sq ft
Avg Rent (weekly)
£315
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£516,346
10% above area average per sq ft
Potential ROI
+51.9%
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

Axe Close, 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
£992
Based on a loan of £210,000 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.

Stamp Duty Calculator

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