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Markyate Road, Slip End, Luton

East of England

£800,000
Listed on 08/05/2026

Property Details

Bedrooms
3
Type
Detached
Area
1292 sqft

Description

This detached three-bedroom residence presents an exceptional opportunity for renovation and investment, situated on a spacious plot in the sought-after area of Slip End. With its generous layout, the home boasts three sizable bedrooms, including a master suite complete with an ensuite bathroom. While the property is currently functional, it holds significant potential for transformation and expansion, making it an attractive prospect for families or developers eager to create their ideal living space. Notably, planning permission has already been granted for an impressive 8-meter rear extension and a swimming pool, offering buyers the unique advantage of moving forward with these enhancements without the typical hurdles associated with obtaining planning approval. This ready-to-go aspect can save considerable time and effort. The exterior further enhances this property's appeal with a detached double garage and ample parking options across its extensive front yard. The large plot not only ensures privacy but also opens up additional development possibilities, subject to necessary consents. Located conveniently within reach of Harpenden, St Albans, M1 and Luton Parkway, this home is perfectly positioned for accessing local amenities while enjoying a tranquil village environment. Overall, this property not only offers immediate comfort but also exceptional future potential for those looking to invest in significant upgrades or expansions.

Investment Analysis

(LU1 area)

Above Market Value

This property is priced +85.4% above area average per sq ft

+85.4%
This Property
£619/sq ft
Area Average
£334/sq ft
Avg Rent (weekly)
£246
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £110,000
Target Value
£474,539
10% above area average per sq ft
Potential ROI
-47.9%
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

Markyate Road, Slip End, Luton
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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
£2,854
Based on a loan of £600,000 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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