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Pembroke Avenue, Luton

East of England

£260,000

Listed on 26/06/2026

Property details

Bedrooms
3
Type
Terraced
Area
732 sqft

Description

This three-bedroom terraced house presents a valuable opportunity for buyers looking for a property with significant renovation and investment potential. Located on the sought-after Pembroke Avenue, the home offers convenient access to Leagrave Train Station, M1 Junction 11, and various local amenities. The layout comprises a spacious lounge/diner and a fitted kitchen, complemented by three well-sized bedrooms and a family bathroom upstairs. The rear garden is notably long, featuring lawn and patio spaces that could be transformed through landscaping or extended (subject to planning approval). Additionally, with another adjoining property also for sale, there’s potential for an investor or developer to acquire both homes, allowing for various options such as multi-unit rentals or creating a larger single dwelling. This property is offered chain-free and represents an appealing prospect for first-time buyers, investors, or developers aiming to capitalize on its possibilities in a prime location.

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Investment analysis

(LU4 area)

Above Market Value

This property is priced 0.0% above area average per sq ft

0.0%
This Property
£355/sq ft
Area Average
£355/sq ft
Avg Rent (weekly)
£304
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£286,128
10% above area average per sq ft
Potential ROI
-4.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (LU4)

Area prices are stable by -1.4% over the last 12 months
3 year growth: -0.1%
5 year growth: +19.2%
Investment Disclaimer: Analysis based on LU4 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

Pembroke Avenue, Luton
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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
£982
Based on a loan of £195,000 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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