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Mancroft Road, Aley Green, LU1

East of England

£325,000

Listed on 01/07/2026

Property details

Bedrooms
3
Type
Terraced
Area
869 sqft

Description

This three-bedroom period home is nestled in a serene village setting, offering a unique opportunity for those with a vision for renovation and investment. Characterized by its spacious double bedrooms, the property provides ample room for family living or hosting guests. The separate dining room next to the reception area is perfect for gatherings, while the kitchen, although functional, presents an ideal canvas for modernization to reflect contemporary tastes. Throughout the home, original Victorian features and lofty ceilings enhance the charm, but significant updates are needed to bring it up to current standards, making this an attractive project for both homeowners looking to personalize their space and investors seeking value-add opportunities. With potential for extension (subject to planning permission), this property could easily be transformed into a more expansive family home. The extensive rear garden, approximately 180ft in length and currently unlandscaped, backs onto open fields, providing an excellent outdoor space ready for development. This chain-free listing ensures a smooth transaction process, appealing to those eager for quick ownership. Located conveniently near Luton and Harpenden with access to the M1 and major transport links, this property combines village tranquility with accessibility to urban amenities.

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Investment analysis

(LU1 area)

Above Market Value

This property is priced +13.0% above area average per sq ft

+13.0%
This Property
£374/sq ft
Area Average
£331/sq ft
Avg Rent (weekly)
£238
Avg Yield
4.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£316,403
10% above area average per sq ft
Potential ROI
-13.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (LU1)

Area prices are falling by -2.6% over the last 12 months
3 year growth: +2.4%
5 year growth: -0.3%
Investment Disclaimer: Analysis based on LU1 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

Mancroft Road, Aley Green, LU1
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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
£1,228
Based on a loan of £243,750 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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