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Weltmore Road, Luton, Bedfordshire, LU3 2TN - Image 1
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Weltmore Road, Luton, Bedfordshire, LU3 2TN - Image 3
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Weltmore Road, Luton, Bedfordshire, LU3 2TN - Image 8
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Weltmore Road, Luton, Bedfordshire, LU3 2TN - Image 10
Weltmore Road, Luton, Bedfordshire, LU3 2TN - Image 11

Weltmore Road, Luton, Bedfordshire, LU3 2TN

East of England

£380,000
Listed on 11/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1055 sqft

Description

This three-bedroom house in the desirable Limbury Mead neighbourhood of Luton presents a rare opportunity for investors and buyers looking to create their ideal family home. Available without a chain, it offers a solid foundation for those interested in modernising and potentially extending the space with the appropriate planning permissions. Upon entering, you'll find a welcoming reception that leads into a sizable kitchen, which could transform into a lively central hub for family activities with some updates. Although the property requires significant refurbishment throughout, this provides an excellent opportunity to personalise the space and enhance its market value. The first floor comprises three well-proportioned bedrooms that are bathed in natural light, allowing for versatile use as children's rooms, guest accommodations, or even a home office. The existing family bathroom serves these rooms adequately but may benefit from upgrades to elevate comfort. Outside, the property benefits from off-road parking via a private driveway and includes a garage for additional storage or vehicle security. While details on the rear garden are limited, it is an appealing outdoor space that offers potential for landscaping or recreational use. One of this property's standout features is its capability for expansion—subject to planning approval—which could enable new owners to increase living areas significantly by adding extra bedrooms or creating open-plan layouts tailored to modern living standards. Located in an excellent school catchment area, this home is particularly attractive to families. It benefits from proximity to Leagrave Train Station for convenient commuting options into London and access to local amenities such as shops and parks, ensuring a comfortable lifestyle. This property is offered chain-free, facilitating a smoother purchase process for buyers eager to realise its full potential. Early viewings are recommended to grasp the extensive possibilities this home presents.

Investment Analysis

(LU3 area)

Above Market Value

This property is priced +1.0% above area average per sq ft

+1.0%
This Property
£360/sq ft
Area Average
£357/sq ft
Avg Rent (weekly)
£296
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£413,776
10% above area average per sq ft
Potential ROI
-1.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (LU3)

Area prices are stable by +1.4% over the last 12 months
3 year growth: 1.8%
5 year growth: 17.1%
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

Weltmore Road, Luton, Bedfordshire, LU3 2TN
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,392
Based on a loan of £285,000 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE