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Staveley Road, Luton, Bedfordshire, LU4 0DG

East of England

£315,000
Listed on 04/02/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
812 sqft

Description

This two-bedroom bungalow presents a compelling investment opportunity, located on the desirable Staveley Road in Luton. Although the property is in good condition and could be moved into immediately, there is significant potential for renovation to maximize its value. The bright bay-fronted lounge offers a welcoming atmosphere, but updates to the decor could enhance its appeal further. Both bedrooms are well-sized, providing comfortable living spaces with opportunities for reconfiguration or modernizing. The existing bathroom is functional; however, a modern refit would elevate the overall aesthetic of the home. The conservatory adds extra living space that could benefit from improved insulation or contemporary design elements to attract future buyers or renters. The generous off-road parking and spacious rear garden are additional advantages, offering scope for landscaping or outdoor improvements that could further increase the property's desirability. Located conveniently for commuters, with proximity to Junction 11 of the M1 Motorway and Leagrave Train Station, this property not only appeals to families looking to settle down but also investors keen on capitalizing on rental demand in this area. In summary, while this bungalow is currently comfortable and well-maintained, there remains an exciting opportunity for renovations that can significantly enhance both its functionality and market value.

Investment Analysis

(LU4 area)

Above Market Value

This property is priced +9.1% above area average per sq ft

+9.1%
This Property
£388/sq ft
Area Average
£356/sq ft
Avg Rent (weekly)
£318
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£317,667
10% above area average per sq ft
Potential ROI
-10.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (LU4)

Area prices are stable by +1.4% over the last 12 months
3 year growth: +2.2%
5 year growth: +23.8%
Investment Disclaimer: Analysis based on LU4 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

Staveley Road, Luton, Bedfordshire, LU4 0DG
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,136
Based on a loan of £236,250 over 30 years at 4.06% 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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