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Calnwood Road, Luton

East of England

£400,000
Listed on 10/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached bungalow presents a unique opportunity for both homebuyers and investors, situated on an expansive plot in a sought-after area. Positioned directly across from the hospital, the property boasts significant potential for enhancement, whether through extension or complete redesign, subject to planning permissions. The interior is functional and spacious, featuring a welcoming reception area ideal for socializing, three sizable double bedrooms, and a fitted kitchen that seamlessly connects to a utility space. A modern fully tiled bathroom completes the living quarters. Outside, the property offers ample parking with a private driveway and a generous rear garden that extends beyond a detached garage, providing abundant room for outdoor improvements or additions. Conveniently located near transport links and local amenities, this bungalow perfectly balances location with immense potential for future development.

Investment Analysis

(LU4 area)
Area Average
£356/sq ft
Avg Rent (weekly)
£318
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
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

Calnwood Road, Luton
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,443
Based on a loan of £300,000 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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