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Mees Close, Luton, LU3

East of England

£390,000

Listed on 03/07/2026

Property details

Bedrooms
4
Type
Detached
Area
614 sqft

Description

This family home, situated in a peaceful cul-de-sac, presents an excellent opportunity for renovation and expansion (subject to planning permission). The layout features two separate reception rooms, providing versatile living spaces, and includes a detached garage. Entering the property, you'll find a welcoming hallway leading to a cloakroom fitted with essential amenities. The living room showcases an attractive fireplace with a newly installed gas fire and opens into the dining room, which has patio doors that grant access to the rear garden. The kitchen is equipped with a good range of wall and base units alongside modern appliances, making it functional yet ripe for modernization. The first floor accommodates three spacious bedrooms, including a master bedroom with built-in wardrobes, and a fully tiled family shower room designed for convenience. Outdoors, the block-paved driveway allows for ample parking and the landscaped garden offers low-maintenance appeal along with several outdoor features. Located just outside North Luton, this area is favored by families due to its proximity to local amenities including shops and recreational areas. With some thoughtful improvements, this property could be transformed into a dream home or investment opportunity.

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Investment analysis

(LU3 area)

Above Market Value

This property is priced +76.7% above area average per sq ft

+76.7%
This Property
£635/sq ft
Area Average
£360/sq ft
Avg Rent (weekly)
£310
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£242,840
10% above area average per sq ft
Potential ROI
-43.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (LU3)

Area prices are rising by +3.1% over the last 12 months
3 year growth: +1.7%
5 year growth: +20.0%
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

Mees Close, Luton, LU3
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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
£1,473
Based on a loan of £292,500 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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