Worst House on the Street Logo
Austin Road, Luton, LU3 - Image 1
Austin Road, Luton, LU3 - Image 2
Austin Road, Luton, LU3 - Image 3
Austin Road, Luton, LU3 - Image 4
Austin Road, Luton, LU3 - Image 5
Austin Road, Luton, LU3 - Image 6
Austin Road, Luton, LU3 - Image 7
Austin Road, Luton, LU3 - Image 8
Austin Road, Luton, LU3 - Image 9
Austin Road, Luton, LU3 - Image 10
Austin Road, Luton, LU3 - Image 11
Austin Road, Luton, LU3 - Image 12

Austin Road, Luton, LU3

East of England

£335,000

Listed on 21/05/2026

Property details

Bedrooms
3
Type
Terraced
Area
850 sqft

Description

This semi-detached bungalow, located in the highly regarded New Bedford Road area of Luton, presents a unique opportunity for renovation and investment. Offering three spacious bedrooms, it features a driveway and a garage, enhancing its appeal to families and downsizers alike. The property, constructed in the 1950s by Pearce and Barker, showcases a versatile layout that could be improved or extended (subject to planning permission). The inviting entrance hall leads to a bright living room with patio doors opening to the sizable rear garden. The kitchen comes equipped with ample storage and direct access to the garden as well. Each bedroom is generously proportioned, with the principal featuring an appealing bay window. A modern shower room further adds to the property's functionality. The exterior boasts excellent kerb appeal with a well-maintained lawned front and off-road parking for up to four vehicles. While the interior is generally well-presented, there is significant scope for enhancement through tasteful renovations. This chain-free property is ideally positioned close to local amenities and transport links, making it an investment worth considering for those looking to capitalize on its potential.

Interested in similar properties?

Get alerted when similar renovation and investment opportunities become available.

Investment analysis

(LU3 area)

Above Market Value

This property is priced +9.6% above area average per sq ft

+9.6%
This Property
£394/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
£336,179
10% above area average per sq ft
Potential ROI
-10.4%
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

Austin Road, Luton, LU3
Loading map...

Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,266
Based on a loan of £251,250 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

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.