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Hill Close, Luton, LU3

East of England

£450,000

Listed on 01/07/2026

Property details

Bedrooms
3
Type
Semi Detached Bungalow
Area
700 sqft

Description

This property offers significant potential for renovation and investment, featuring a welcoming entrance hall that leads to three spacious bedrooms, with the master complete with an en-suite shower room. The family bathroom is fully tiled and equipped with essentials, creating a functional yet basic space. The living area flows into a kitchen/diner that includes built-in appliances and a doorway to the outdoor space, presenting opportunities for modernization. A utility room provides additional storage and functionality. Outside, the expansive driveway accommodates multiple vehicles, complemented by a detached garage. The rear garden is generously sized, primarily laid to lawn with established trees and shrubs, ideal for landscaping or further development. Efficient gas heating and double-glazed windows enhance the property's appeal, while it presents various avenues for enhancement.

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Investment analysis

(LU3 area)

Above Market Value

This property is priced +78.8% above area average per sq ft

+78.8%
This Property
£643/sq ft
Area Average
£360/sq ft
Avg Rent (weekly)
£310
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£276,854
10% above area average per sq ft
Potential ROI
-42.3%
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

Hill 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
£1,700
Based on a loan of £337,500 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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