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Roman Road, LUTON, Bedfordshire, LU4

East of England

£210,000

Listed on 16/04/2026

Property Details

Bedrooms
2
Type
Maisonette
Area
469 sqft

Description

This two-bedroom maisonette, located in the desirable Leagrave area of Luton along the popular Roman Road, presents a unique opportunity for those looking to invest and personalize their living space. With a lengthy lease of over 970 years and no service charge, this property is ideal for both first-time buyers and investors alike. Although it requires some cosmetic upgrades internally, recent improvements such as a new gas central heating system, double glazing, and a recently replaced roof have been completed, providing a solid foundation for further enhancement. The layout features a generous reception area, two comfortably sized bedrooms, and functional kitchen and bathroom spaces ready for modernization. The property also boasts its own private enclosed patio garden that has been newly laid, offering an inviting outdoor area for relaxation or entertaining. Nestled in a predominantly residential neighborhood characterized by houses and low-rise flats, residents will appreciate the community atmosphere prevalent in the area. Leagrave's excellent transport links make it particularly appealing for families and commuters; the railway station is conveniently situated just a short walk away, allowing direct access to London in approximately 35 minutes. Local amenities including supermarkets, shops, restaurants, and recreational facilities are readily accessible. Nearby parks and reputable schools further enhance its appeal to families. This maisonette not only offers advantageous lease terms but also significant scope to modernize—an attractive prospect for anyone seeking to add value within an established community in Luton.

Investment Analysis

(LU4 area)

Above Market Value

This property is priced +26.5% above area average per sq ft

+26.5%
This Property
£448/sq ft
Area Average
£354/sq ft
Avg Rent (weekly)
£318
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£182,551
10% above area average per sq ft
Potential ROI
-22.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (LU4)

Area prices are stable by -0.8% over the last 12 months
3 year growth: +0.6%
5 year growth: +21.2%
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

Roman Road, LUTON, Bedfordshire, LU4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£749
Based on a loan of £157,500 over 30 years at 3.97% 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

Price History

-6.7% since listed
£210,000£15,000(-6.7%)
02/05/2026
Current price
£225,000Initial listing
16/04/2026

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