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Farley Hill, Luton, LU1

East of England

£300,000

Listed on 01/07/2026

Property details

Bedrooms
2
Type
Terraced
Area
710 sqft

Description

This two-bedroom semi-detached house presents an exciting opportunity for renovation and investment. With a spacious driveway accommodating multiple vehicles and a generous rear garden complete with a vegetable patch, there is ample space to enhance the property further (subject to planning permission). The home features an entrance hall leading to a lounge diner with dual-aspect double glazed windows and gas central heating, creating a bright atmosphere. The kitchen has recently been updated, featuring modern eye and base level units, along with access to a side storage room that connects to both the front and rear gardens. Upstairs, you will find two large double bedrooms, each fitted with laminate flooring and double glazed windows, alongside a family bathroom equipped with a white suite and shower over the bath. This property is ideally situated just half a mile from the town centre and under one mile from the mainline train station, providing excellent transport links. Additionally, local amenities and highly regarded schools are within close proximity, making this property not only ideal for families but also as an investment that can be transformed into something special.

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Investment analysis

(LU1 area)

Above Market Value

This property is priced +27.7% above area average per sq ft

+27.7%
This Property
£423/sq ft
Area Average
£331/sq ft
Avg Rent (weekly)
£238
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£258,511
10% above area average per sq ft
Potential ROI
-21.7%
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 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

Farley Hill, 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
£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.

Stamp duty calculator

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