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Rutland Crescent, Luton, LU2

East of England

£340,000

Listed on 01/07/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
904 sqft

Description

This three-bedroom semi-detached house presents an opportunity for both family living and potential investment in a desirable area. Located within walking distance to the mainline train station, this property offers two spacious reception rooms, a driveway, and well-proportioned bedrooms that are ideal for comfortable living. The home is characterized by its bright entrance hallway and a front reception room featuring an attractive bay window that maximizes natural light. The kitchen connects effortlessly with the dining area, creating a practical setup for everyday use. The first floor accommodates three good-sized bedrooms along with a modern bathroom. There is considerable scope for further development, including an extension and loft conversion, subject to obtaining the necessary planning permissions. Externally, the property boasts an east-facing rear garden that benefits from sunlight throughout the day, as well as off-street parking options. The inclusion of gas central heating and double glazing adds to the property's appeal. This residence not only provides immediate comfort but also significant potential for future enhancement in one of the region's sought-after locations.

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Investment analysis

(LU2 area)

Above Market Value

This property is priced +0.6% above area average per sq ft

+0.6%
This Property
£376/sq ft
Area Average
£374/sq ft
Avg Rent (weekly)
£299
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£371,707
10% above area average per sq ft
Potential ROI
-2.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
50
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (LU2)

Area prices are falling by -3.9% over the last 12 months
3 year growth: -3.1%
5 year growth: +10.4%
Investment Disclaimer: Analysis based on LU2 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

Rutland Crescent, Luton, LU2
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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
£1,284
Based on a loan of £255,000 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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