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The Grove, Luton

East of England

£360,000
Listed on 24/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
883 sqft

Description

This three-bedroom semi-detached property, situated in the desirable Farley Hill area, presents a compelling opportunity for renovation and investment. Offered chain-free, the home features well-proportioned spaces suitable for modern family living, with a bright layout on the ground floor that flows into three good-sized bedrooms upstairs, complemented by a family bathroom. The large rear garden not only provides ample outdoor space but also harbors great potential for future extensions (subject to planning permission). Off-road parking enhances convenience, making this property attractive for families or first-time buyers looking to create their ideal home. Its strategic location near Junction 10 of the M1 and proximity to local schools and amenities positions it as a valuable asset for those willing to invest in some refurbishment. This could be an excellent chance to add significant value through thoughtful updates and renovations.

Investment Analysis

(LU1 area)

Above Market Value

This property is priced +23.1% above area average per sq ft

+23.1%
This Property
£408/sq ft
Area Average
£331/sq ft
Avg Rent (weekly)
£247
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£321,792
10% above area average per sq ft
Potential ROI
-19.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (LU1)

Area prices are stable by +0.8% over the last 12 months
3 year growth: +7.4%
5 year growth: +5.8%
Investment Disclaimer: Analysis based on LU1 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

The Grove, 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
£1,275
Based on a loan of £270,000 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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