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Thelby Close, Luton

East of England

£525,000
Listed on 24/04/2026

Property Details

Bedrooms
4
Type
Detached
Area
1518 sqft

Description

This four-bedroom detached family residence presents a compelling opportunity for those looking to invest in a property with significant renovation potential. Positioned in the desirable Limbury Mead area, this home has been meticulously maintained by the current owners over the past decade, yet offers various avenues for further enhancement. The ground floor features three distinct reception areas, providing ample flexibility for a variety of living arrangements, and an expansive kitchen/diner that serves as the centerpiece for family life and gatherings. The thoughtful design ensures a bright and airy ambiance throughout. Upstairs, you will find four generously sized bedrooms, two of which are accompanied by en-suite bathrooms, alongside a stylish family bathroom—ideal spaces for both family living and hosting guests. Outdoors, the property boasts a spacious garden ripe with potential for development (subject to planning permission), making it an attractive long-term investment. The location further adds to its appeal; it's conveniently situated within walking distance of Leagrave train station, enhancing accessibility for commuters and being close to reputable schools and necessary amenities. This property not only stands as a move-in ready home but also as a smart investment in a sought-after area.

Investment Analysis

(LU3 area)

Below Market Value

This property is priced -2.9% below area average per sq ft

-2.9%
Potential saving
This Property
£346/sq ft
Area Average
£356/sq ft
Avg Rent (weekly)
£315
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£594,699
10% above area average per sq ft
Potential ROI
+3.4%
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

Thelby 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
£1,859
Based on a loan of £393,750 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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