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Sowerby Avenue, Luton

East of England

£400,000

Listed on 02/06/2026

Property Details

Bedrooms
3
Type
Detached
Area
1353 sqft

Description

This three-bedroom detached house on Sowerby Avenue provides a spacious canvas for those looking to invest in a property with potential. Spanning approximately 1,353 sq. ft., the home features a dual-aspect lounge that offers flexibility for various layouts and uses, perfect for family gatherings or cozy evenings. The expansive kitchen/dining area is set up to accommodate everyday meals and can be enhanced with modern finishes, while the integral garage presents an opportunity for additional storage or conversion into living space (subject to planning permissions). Upstairs, you’ll find three well-sized bedrooms that can be easily updated or reconfigured to suit your family's needs, alongside a contemporary family bathroom. The outdoor area and driveway parking add practical value and the potential for landscaping improvements. With some thoughtful updates and possible extensions (STPP), this property stands out as an ideal investment for buyers seeking an adaptable home in a desirable location.

Investment Analysis

(LU2 area)

Below Market Value

This property is priced -20.5% below area average per sq ft

-20.5%
Potential saving
This Property
£296/sq ft
Area Average
£372/sq ft
Avg Rent (weekly)
£294
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£553,722
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
54
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (LU2)

Area prices are stable by -2.0% over the last 12 months
3 year growth: -2.9%
5 year growth: +13.5%
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

Sowerby Avenue, Luton
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,511
Based on a loan of £300,000 over 30 years at 4.45% 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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