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The Grove, Luton, Bedfordshire, LU1

East of England

£325,000

Listed on 08/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1048 sqft

Description

Nestled in the desirable Farley Hill area, this semi-detached house presents an excellent investment opportunity for families or first-time buyers looking to create a personal touch. The property, while generally in good condition, would benefit from some modern updates that could significantly enhance its value. It features a generous front garden that has the potential to be transformed into off-street parking (subject to planning permission) and a spacious rear garden ideal for outdoor activities or gatherings. The interior comprises a large lounge and a well-kept kitchen on the ground floor, alongside three comfortable bedrooms and a family bathroom upstairs. Additionally, there is the convenience of a garage accessible via an access road at the back. This home is situated close to local amenities, schools, and transport links, making it a practical choice for everyday living. With some vision and renovation, this property can truly shine.

Investment Analysis

(LU1 area)

Below Market Value

This property is priced -7.3% below area average per sq ft

-7.3%
Potential saving
This Property
£310/sq ft
Area Average
£335/sq ft
Avg Rent (weekly)
£251
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£385,727
10% above area average per sq ft
Potential ROI
+8.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (LU1)

Area prices are stable by -1.3% over the last 12 months
3 year growth: +3.6%
5 year growth: +2.8%
Investment Disclaimer: Analysis based on LU1 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

The Grove, Luton, Bedfordshire, LU1
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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
£1,228
Based on a loan of £243,750 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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