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Blundell Road, Luton, Bedfordshire, LU3 1SR

East of England

£315,000

Listed on 03/06/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
902 sqft

Description

Situated in the sought-after area of Leagrave, Luton, this three-bedroom house offers a solid foundation for families looking for a comfortable home with substantial potential for enhancement. The property features off-road parking via a spacious driveway, valuable in this popular residential setting. Inside, you'll find a well-maintained interior that serves as a welcoming family space. The living room is generous and filled with natural light, creating an inviting environment suitable for various activities. The ground floor leads to a functional kitchen designed to meet everyday needs effectively. Upstairs, there are two sizable bedrooms alongside a cleverly converted third bedroom from loft space, catering well to both family dynamics and work-from-home arrangements. The single bathroom efficiently accommodates household requirements. A prominent feature is the large rear garden, which not only provides a private outdoor retreat but also suggests exciting possibilities for expansion (subject to planning permission). This space allows for various uses such as gardening or outdoor dining during warmer seasons and can significantly increase the property's value with thoughtful renovations. The location enhances its attractiveness due to easy access to Leagrave Train Station, making it ideal for commuters needing quick travel options to London and other areas. Additionally, the property falls within an excellent school catchment and is close to local amenities like shops and parks, ensuring convenience for daily life. With its combination of location and potential for future development, this property presents an appealing opportunity for investors or families alike.

Investment Analysis

(LU3 area)

Below Market Value

This property is priced -3.2% below area average per sq ft

-3.2%
Potential saving
This Property
£349/sq ft
Area Average
£361/sq ft
Avg Rent (weekly)
£330
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£357,986
10% above area average per sq ft
Potential ROI
+2.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (LU3)

Area prices are rising by +3.9% over the last 12 months
3 year growth: +1.4%
5 year growth: +20.3%
Investment Disclaimer: Analysis based on LU3 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

Blundell Road, Luton, Bedfordshire, LU3 1SR
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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
£1,190
Based on a loan of £236,250 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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