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Moreton Road North, Luton, LU2

East of England

£230,000

Listed on 21/05/2026

Property Details

Bedrooms
2
Type
Bungalow

Description

This detached bungalow, featuring two spacious double bedrooms, offers a blank canvas for those looking to invest in a comprehensive renovation project. The property includes an extended lounge/diner and a fitted kitchen, but requires complete refurbishment to unlock its full potential. The generous outdoor space comprises a well-sized garden with a summer house and ample lawn area, ideal for landscaping or outdoor entertainment. Additionally, the front of the property provides parking space for two vehicles, enhancing its appeal for future residents. This is an excellent opportunity for developers seeking to transform a property in the East of England region.

Investment Analysis

(LU2 area)
Area Average
£372/sq ft
Avg Rent (weekly)
£297
Avg Yield
4.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
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

Moreton Road North, Luton, 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
£821
Based on a loan of £172,500 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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