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Runfold Avenue, Luton

East of England

£300,000

Listed on 11/06/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This three-bedroom house offers a promising investment opportunity in the desirable Icknield catchment area of Luton. The property features a spacious living and dining area, perfect for both relaxation and social gatherings, with good potential for modernisation. Upstairs, you'll find three well-sized bedrooms alongside a functional bathroom. Notably, there is a partially converted loft space that could be further developed, adding valuable living space (subject to planning permissions). The property's potential for extensions provides room to tailor it to your preferences and significantly enhance its value over time. Outside, the well-kept rear garden presents a private retreat ideal for outdoor activities, while off-road parking adds convenience in this sought-after location. Proximity to Leagrave Train Station makes commuting straightforward and attractive for future tenants or homeowners. This property is not just a home but also an opportunity to invest in your future.

Investment Analysis

(LU3 area)
Area Average
£361/sq ft
Avg Rent (weekly)
£330
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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

Runfold Avenue, Luton
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,133
Based on a loan of £225,000 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.

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