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Southdrift Way, Luton, Bedfordshire, LU1 5PY

East of England

£360,000
Listed on 06/05/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
883 sqft

Description

This three-bedroom home in the sought-after Farley Hill area of Luton represents an excellent opportunity for prospective buyers, especially those looking to invest in a property with renovation potential. While the house is currently in good condition and ready for immediate occupancy, it also offers numerous possibilities for enhancement or expansion, making it suitable for growing families or investors aiming to increase value. The property features a convenient driveway that provides off-road parking—an asset in this popular neighborhood. Inside, the well-proportioned reception room acts as a welcoming center of the home, ideal for family gatherings. The interior layout allows for easy flow throughout, creating an inviting atmosphere. Three sizeable bedrooms offer plenty of space for rest and relaxation, complemented by a functional family bathroom that meets everyday needs. A particularly appealing aspect of this home is its generous rear garden—a private outdoor space ripe for transformation. This area can serve multiple purposes: whether as a play area for kids, a gardener's paradise, or an extension of your entertainment options during warmer months. In addition to its current amenities, this house has significant potential for extension (subject to planning permissions), allowing future owners to personalize their living space according to family needs or lifestyle changes. Situated within a reputable school catchment and boasting excellent transport links—including quick access to Luton Station and the M1 motorway—this location is perfect for families and commuters alike. Nearby Stockwood Park provides ample recreational opportunities with its open green spaces. Overall, this property not only serves as a comfortable residence but also stands as a promising investment awaiting future enhancements.

Investment Analysis

(LU1 area)

Above Market Value

This property is priced +22.1% above area average per sq ft

+22.1%
This Property
£408/sq ft
Area Average
£334/sq ft
Avg Rent (weekly)
£246
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£324,317
10% above area average per sq ft
Potential ROI
-18.9%
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
10%
Properties sold annually

Local Market Trend (LU1)

Area prices are stable by -1.5% over the last 12 months
3 year growth: +3.1%
5 year growth: +2.3%
Investment Disclaimer: Analysis based on LU1 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

Southdrift Way, Luton, Bedfordshire, LU1 5PY
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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
£1,284
Based on a loan of £270,000 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.

Stamp Duty Calculator

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