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High Town Road, Luton, Bedfordshire, LU2 0BZ

East of England

£290,000

Listed on 03/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
985 sqft

Description

This three-bedroom house in the sought-after High Town area of Luton presents a valuable opportunity for homeowners and investors alike. The property is chain-free, making it an appealing option for those looking to move quickly. Ideally located near essential amenities, schools, and Luton Train Station, it offers great convenience for commuters. Inside, the layout comprises two spacious reception rooms that can be adapted for various uses such as living, dining, or even a home office. The ground floor features a practical WC, adding functionality to daily life. The kitchen, while serviceable, is ripe for modernisation—allowing buyers to personalise and enhance the space according to their taste. On the first floor, there are three generously-sized double bedrooms that cater well to family needs or could yield solid rental income potential. A family bathroom completes this level. The property’s design and room dimensions make it particularly suitable for conversion into a House in Multiple Occupation (HMO) with appropriate planning permissions. Externally, the sizeable rear garden is a significant asset in this urban setting. It offers ample space for outdoor projects like landscaping or creating a play area for children, as well as potential for expansion of the home itself (subject to planning). Overall, this property stands out due to its investment prospects and living space opportunities in an attractive location.

Investment Analysis

(LU2 area)

Below Market Value

This property is priced -20.9% below area average per sq ft

-20.9%
Potential saving
This Property
£294/sq ft
Area Average
£372/sq ft
Avg Rent (weekly)
£294
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£403,116
10% above area average per sq ft
Potential ROI
+24.0%
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

High Town Road, Luton, Bedfordshire, LU2 0BZ
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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
£1,096
Based on a loan of £217,500 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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