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Wycliffe Close, Luton, Bedfordshire, LU3 2HS

East of England

£280,000
Listed on 19/02/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
689 sqft

Description

Located in the sought-after Runfold area of Luton, this two-bedroom home offers a promising canvas for both new homeowners and seasoned investors alike. The property boasts off-road parking, an increasingly valued feature in residential settings. Inside, the layout includes two spacious double bedrooms that allow for comfortable living and personalisation. A single reception room provides a flexible space suitable for both relaxing and dining, while a functional bathroom meets essential needs. The appealing aspect of this property is its substantial rear garden, which not only serves as an outdoor retreat but also presents opportunities for expansion, subject to obtaining the necessary planning permissions (STPP). This feature can significantly enhance the property's value and suitability for future requirements. Its advantageous location ensures access to reputable schools, making it ideal for families. The community-focused atmosphere of Runfold complements its proximity to local amenities such as shops and parks. Commuters will find ease with nearby transport links including mainline train services to London and major road routes like the M1 motorway. This house stands out as an excellent first-time purchase or a strategic buy-to-let investment, given its desirable features and growth potential. With thoughtful renovations, this property can be transformed into a highly appealing residence or rental unit. Early viewings are encouraged to fully appreciate the potential available within this property.

Investment Analysis

(LU3 area)

Above Market Value

This property is priced +13.5% above area average per sq ft

+13.5%
This Property
£406/sq ft
Area Average
£358/sq ft
Avg Rent (weekly)
£287
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£271,252
10% above area average per sq ft
Potential ROI
-12.5%
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
24%
Properties sold annually

Local Market Trend (LU3)

Area prices are stable by +1.0% over the last 12 months
3 year growth: +0.8%
5 year growth: +17.2%
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

Wycliffe Close, Luton, Bedfordshire, LU3 2HS
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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
£1,010
Based on a loan of £210,000 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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