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The Grove, Luton, Bedfordshire, LU1 - Image 1
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The Grove, Luton, Bedfordshire, LU1

East of England

£325,000
Listed on 08/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1048 sqft

Description

Situated in the desirable Farley Hill area, this semi-detached three-bedroom home presents a solid investment opportunity for those looking to personalize their living space. Generally well-maintained, the property invites new owners to undertake some refreshing updates that could significantly enhance its value. The generous rear garden offers ample outdoor space and presents the potential for extension (subject to planning permission), making it ideal for family life or entertaining guests. Additionally, the front garden could be transformed into a driveway (also subject to planning permission) to add convenience. Internally, the ground floor features a spacious lounge and a practical kitchen, while upstairs hosts three comfortable bedrooms alongside a family bathroom. With access to local amenities, schools, and transport links nearby, this home is well-positioned for everyday living and future growth.

Investment Analysis

(LU1 area)

Below Market Value

This property is priced -7.1% below area average per sq ft

-7.1%
Potential saving
This Property
£310/sq ft
Area Average
£334/sq ft
Avg Rent (weekly)
£246
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£384,920
10% above area average per sq ft
Potential ROI
+6.9%
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

The Grove, Luton, Bedfordshire, LU1
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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
£1,159
Based on a loan of £243,750 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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