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Summer Street, Slip End, Luton, LU1 - Image 1
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Summer Street, Slip End, Luton, LU1

East of England

£475,000
Listed on 27/04/2026

Property Details

Bedrooms
3
Type
Detached
Area
1038 sqft

Description

This detached home presents a promising opportunity for renovation and enhancement, positioned on a spacious corner plot that offers the potential for further expansion (subject to planning permissions). The property features a generous driveway at the front, which provides ample off-street parking, alongside double gates granting access to the rear garden. The interior comprises an entrance hall with a cloakroom and useful understairs storage. A large living room at the back overlooks the garden and adjoins a sizeable dining area equipped with a Velux window and glazed doors leading outside. This dining space seamlessly connects to a well-appointed kitchen, outfitted with modern pale grey hi-gloss cabinetry and integrated appliances, including a double oven and gas hob. There is sufficient room for essential laundry appliances as well. On the upper level, you will find three bedrooms complemented by a contemporary bathroom featuring tasteful tiling. The rear garden primarily consists of lawned areas with an adjacent patio and a timber shed, offering scope to improve or redesign outdoor spaces. Please note that there is a public right of way along the property's right side. The location in Slip End provides convenient access to transport links, local amenities including shops and pubs, as well as reputable schools. With proximity to major roadways like Junction 10 of the M1 and Luton Airport, plus nearby Harpenden's wider offerings and fast rail connections into London St Pancras, this property holds excellent investment potential for those looking to make their mark.

Investment Analysis

(LU1 area)

Above Market Value

This property is priced +37.1% above area average per sq ft

+37.1%
This Property
£458/sq ft
Area Average
£334/sq ft
Avg Rent (weekly)
£246
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£381,247
10% above area average per sq ft
Potential ROI
-26.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (LU1)

Area prices are stable by -1.5% over the last 12 months
3 year growth: +3.1%
5 year growth: +2.3%
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

Summer Street, Slip End, Luton, LU1
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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
£1,695
Based on a loan of £356,250 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

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