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Felix Avenue, Luton, Bedfordshire, LU2 7LE

East of England

£350,000
Listed on 30/04/2026

Property Details

Bedrooms
3
Type
Semi Detached Bungalow
Area
853 sqft

Description

This three-bedroom semi-detached bungalow is situated in a serene cul-de-sac within the desirable Round Green area of Luton, presenting an intriguing opportunity for buyers looking to invest. The property features three spacious bedrooms, making it suitable for families or individuals who may want a home office. The reception room is a flexible space that can serve various purposes, while the well-equipped bathroom adds convenience. Outdoor space is provided by a manageable garden that requires minimal maintenance, allowing you to enjoy the surroundings without extensive gardening responsibilities. Additionally, the property includes a private driveway and garage, offering secure off-road parking and storage—an appealing feature in this popular locality. For those considering renovations, this bungalow boasts substantial potential for expansion, pending necessary planning approvals. This ability to extend provides an exciting chance to tailor and enhance living areas according to personal preferences, potentially increasing the property's value significantly. The location amplifies its appeal; nestled in a calm environment yet close to essential amenities, the Round Green area fosters community spirit along with easy access to local shops and schools. Nearby Stopsley Village adds charm with its independent shops and eateries. Commuters will appreciate the excellent transport links available; Luton Airport is conveniently nearby for international travel, complemented by accessible bus routes throughout Luton and effective road connections to major motorways. This property stands out as a valuable investment opportunity in a prime location with significant renovation possibilities. Its blend of features and growth potential warrants early viewing.

Investment Analysis

(LU2 area)

Above Market Value

This property is priced +10.2% above area average per sq ft

+10.2%
This Property
£410/sq ft
Area Average
£372/sq ft
Avg Rent (weekly)
£297
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£349,235
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
51
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (LU2)

Area prices are stable by -1.8% over the last 12 months
3 year growth: -2.9%
5 year growth: +13.9%
Investment Disclaimer: Analysis based on LU2 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

Felix Avenue, Luton, Bedfordshire, LU2 7LE
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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
£1,249
Based on a loan of £262,500 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.

Stamp Duty Calculator

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