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Clevedon Road, LUTON, Bedfordshire, LU2

East of England

£450,000

Listed on 08/06/2026

Property Details

Bedrooms
5
Type
Detached

Description

This detached chalet bungalow presents a unique chance for potential investors and families alike to transform an already spacious five-bedroom home. Nestled within a generous plot, the property boasts an expansive garden and ample driveway space. While the interior has been maintained to a commendable standard, there remains significant scope for enhancement or extension (subject to planning permission), catering to those looking to expand living areas or add modern amenities. The layout spans two floors, featuring three well-sized bedrooms and a bright lounge that transitions seamlessly into the garden on the ground level. Upstairs, two additional large double bedrooms are complemented by a contemporary shower room. Located in a sought-after area close to Luton Airport and with excellent transport links, this property is well-placed for potential rental opportunities, including HMO use (subject to necessary approvals). With its solid foundation and further development possibilities, this property stands out as an attractive investment opportunity.

Investment Analysis

(LU2 area)
Area Average
£372/sq ft
Avg Rent (weekly)
£294
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
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

Clevedon Road, LUTON, Bedfordshire, LU2
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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
£1,700
Based on a loan of £337,500 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.

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