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Lorimer Close, Luton, Bedfordshire, LU2

East of England

£320,000

Listed on 10/06/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

Situated in the sought-after Bushmead area, this three-bedroom semi-detached house offers a valuable opportunity for renovation enthusiasts. With no onward chain, the property is primed for a complete modernization, allowing buyers to tailor the space to their preferences. Existing features include a spacious lounge, a kitchen/diner with integrated appliances, and an en-suite bathroom off the principal bedroom. The home boasts well-sized rooms and additional benefits such as a driveway and garage, making it practical for everyday living. The enclosed rear garden presents further potential for landscaping or outdoor use. This property not only offers comfortable living space but also excellent scope for enhancing its value through thoughtful renovations.

Investment Analysis

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

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Lorimer Close, 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
£1,209
Based on a loan of £240,000 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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