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Waller Avenue, Luton, LU4

East of England

£800,000

Listed on 16/10/2025

Property details

Bedrooms
5
Type
Detached Bungalow

Description

This impressive detached family home offers a substantial plot and presents an excellent opportunity for renovation or development. The property features five spacious bedrooms and a large outbuilding, making it versatile for both comfortable living and investment potential. Internally, the residence boasts a well-designed ground floor with a wide entrance hall leading to a generous family room and two sizable double bedrooms. The modern bathroom complements the stylish lounge-diner that opens to a sizeable garden, perfect for entertaining guests. A contemporary kitchen includes designer elements such as spotlights and tiled flooring, enhancing the modern feel of the space. Upstairs accommodates three additional bedrooms and a sleek shower room, making it immediately livable while allowing for personal touches in decor. Central heating and double-glazing ensure comfort throughout. The outdoor area is particularly noteworthy; the expansive garden provides ample space for relaxation or potential development (subject to planning permission). A lengthy driveway further enhances functionality by accommodating multiple vehicles. Situated in Challney, this property benefits from proximity to reputable schools, excellent transport links, and local amenities. This home is ideally suited for those seeking both character and investment potential in a well-connected area of Luton.

Investment analysis

(LU4 area)
Area Average
£358/sq ft
Avg Rent (weekly)
£302
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (LU4)

Area prices are stable by +0.5% over the last 12 months
3 year growth: +0.3%
5 year growth: +20.5%
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

Waller Avenue, Luton, LU4
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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
£3,022
Based on a loan of £600,000 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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