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Wodecroft Road, Luton

East of England

£240,000
Listed on 20/04/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
829 sqft

Description

This three-bedroom end-of-terrace property presents a significant opportunity for transformation, located on Wodecroft Road in LU3. Currently requiring a complete refurbishment, it serves as an ideal canvas for investors, developers, or homebuyers eager to create a living space that reflects their personal style and needs. The property is conveniently positioned within the sought-after Icknield School catchment area, appealing especially to families who value access to quality education. Nearby amenities, including shops and transport links, offer easy commutes to Luton town centre and surrounding areas. The layout spans two floors, starting with a ground floor featuring a separate living room that facilitates relaxation and a kitchen ripe for modern redesign. A practical ground floor WC adds further convenience. On the first floor, the three bedrooms provide ample opportunity for reconfiguration or enhancement based on individual preferences. This layout is conducive to various upgrades that can enhance both living space and overall property value. In summary, this property calls for an extensive renovation effort but holds remarkable potential for those with vision. Whether your intention is to resell at a profit, rent out for income generation, or establish a long-term family residence, the possibilities are abundant. The added advantage of its end-of-terrace positioning ensures greater privacy and side access compared to mid-terrace options. With thoughtful investment and design implementation, this home could evolve into an attractive residence in a well-regarded neighbourhood. Anticipation is high among potential buyers due to the excellent combination of location and development prospects.

Investment Analysis

(LU3 area)

Below Market Value

This property is priced -18.7% below area average per sq ft

-18.7%
Potential saving
This Property
£290/sq ft
Area Average
£356/sq ft
Avg Rent (weekly)
£315
Avg Yield
4.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£45,000 - £65,000
Target Value
£324,773
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

Wodecroft 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
£850
Based on a loan of £180,000 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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