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Ashcroft Road, LUTON, Bedfordshire, LU2

East of England

£400,000
Listed on 11/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1599 sqft

Description

Located on a well-established residential street, this spacious three-bedroom family home provides a flexible living space that is ripe for renovation. The ground floor features a bright living room that flows into an additional reception area, suitable for use as either a dining room or a second sitting area. At the back, the kitchen offers considerable cupboard and worktop space, leading to a dedicated dining area and a conservatory that overlooks the garden; these areas present opportunities for modernisation and reconfiguration to better fit contemporary lifestyles. A useful ground floor WC adds practicality to the layout. On the first floor, you will find three generously sized bedrooms. The main bedroom includes an ensuite shower room, while the other two bedrooms can be adapted for family use or as office spaces. A separate family bathroom caters to these additional rooms. Externally, the property boasts a private driveway for off-street parking and a rear garden enhanced by a substantial outbuilding featuring a garden room, greenhouse, and storage area. This versatile space holds significant potential for conversion into a home office, gym, studio, or hobby room depending on personal needs and planning permissions. Set in an established area with easy access to local shops, schools, and amenities, this property is also conveniently located near transport links including Luton Town Centre and Luton Airport Parkway station. Commuters will appreciate the proximity to major road networks such as the M1. With nearby parks offering outdoor activities for families, this home presents an outstanding opportunity for those looking to invest in renovations that could significantly enhance long-term value.

Investment Analysis

(LU2 area)

Below Market Value

This property is priced -32.8% below area average per sq ft

-32.8%
Potential saving
This Property
£250/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
£654,663
10% above area average per sq ft
Potential ROI
+48.8%
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

Ashcroft Road, LUTON, Bedfordshire, LU2
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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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