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Shanklin Close, Luton, Bedfordshire, LU3 3UH

East of England

£400,000
Listed on 30/04/2026

Property Details

Bedrooms
3
Type
Detached

Description

This detached three-bedroom family home, nestled in a peaceful cul-de-sac within the desirable Bramingham area of North Luton, presents a rare opportunity for renovation and expansion. Held by the same family since its completion in the late 1970s, this property allows for personalization while boasting significant investment potential. With a substantial plot size and approximately 100 ft rear garden, there's ample space to extend or develop further, subject to planning permission. The home's layout includes an entrance porch leading to a bright hallway with a cloakroom, alongside a spacious lounge/diner that opens onto the garden—perfect for entertaining. The kitchen/breakfast room is generously sized and equipped with essential fixtures but may benefit from modern updates. Upstairs, you will find three double bedrooms and a family bathroom that provide comfortable living spaces suitable for families or as rental opportunities. The property's location is convenient, with local amenities, schools, and transport links within easy reach. This home has the potential to transform into your dream space with thoughtful renovations.

Investment Analysis

(LU3 area)
Area Average
£356/sq ft
Avg Rent (weekly)
£328
Avg Yield
5.1%

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
37
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (LU3)

Area prices are stable by +1.6% over the last 12 months
3 year growth: +0.1%
5 year growth: +18.4%
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

Shanklin Close, Luton, Bedfordshire, LU3 3UH
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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
£1,427
Based on a loan of £300,000 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.

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