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Tennyson Road, Luton, LU1

East of England

£125,000

Listed on 01/07/2026

Property details

Bedrooms
1
Type
Flat
Area
549 sqft

Description

This one-bedroom maisonette in South Luton presents a remarkable opportunity for renovation and investment, especially given its chain-free status and share of the freehold. Located just off London Road, the property benefits from proximity to Luton town centre and excellent transport links, including Luton Mainline Train Station with rapid services to Central London. The surrounding area is well-equipped with local amenities such as shops, parks, and reputable schools, making it highly attractive to renters and buyers alike.

Occupying a part of an early 1900s conversion, this maisonette features high ceilings and large windows, but it requires comprehensive modernization. This creates an ideal canvas for those looking to enhance the living space or invest in a buy-to-let opportunity. The layout includes a private entrance hall leading up to a spacious lounge with a bay window, a double bedroom, bathroom, and good-sized kitchen/breakfast room. Additionally, there is loft access that could allow for future expansion (subject to planning permission).

The private rear garden adds further value as an outdoor space perfect for relaxation or entertainment. With strong rental potential estimated at around £1,000 per month and no chain complications, this property is poised as a solid long-term investment in a desirable location.

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Investment analysis

(LU1 area)

Below Market Value

This property is priced -31.2% below area average per sq ft

-31.2%
Potential saving
This Property
£228/sq ft
Area Average
£331/sq ft
Avg Rent (weekly)
£238
Avg Yield
4.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£199,891
10% above area average per sq ft
Potential ROI
+21.1%
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 falling by -2.6% over the last 12 months
3 year growth: +2.4%
5 year growth: -0.3%
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

Tennyson Road, Luton, 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
£472
Based on a loan of £93,750 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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