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London Road, Luton, Bedfordshire, LU1

East of England

£1,195,000

Listed on 20/05/2026

Property Details

Bedrooms
6
Type
Detached
Area
2577 sqft

Description

This Edwardian detached residence presents a remarkable opportunity for those looking to invest or renovate within a spacious corner plot. Currently configured as an eleven-bedroom House in Multiple Occupation (HMO), the layout is adaptable, offering potential buyers the chance to revert to its original configuration with minimal renovations, turning it into a substantial family home or maintaining its current use for rental income. The property boasts generous interior space and flexible accommodation that can easily be tailored to individual needs. The front and rear gardens enhance the appeal with a private outdoor area, while parking options are available from both roads surrounding the property, supported by two garages. There remains significant potential for extension and development, pending necessary planning permissions, further increasing the investment appeal of this property. Located conveniently along London Road, you will find scenic views of Stockwood Park and proximity to local amenities including schools and transport connections via Luton Parkway and Harpenden. Moreover, M1 J10 and Luton Airport are just minutes away by car. This residence not only promises ample living space but also offers a prime investment opportunity in a desirable location.

Investment Analysis

(LU1 area)

Above Market Value

This property is priced +38.9% above area average per sq ft

+38.9%
This Property
£464/sq ft
Area Average
£334/sq ft
Avg Rent (weekly)
£246
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£946,506
10% above area average per sq ft
Potential ROI
-25.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

London Road, 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
£4,263
Based on a loan of £896,250 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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