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Turnpike Drive, Luton, LU3

East of England

£400,000

Listed on 02/07/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
1076 sqft

Description

Situated in a desirable neighborhood, this well-appointed three-bedroom semi-detached house offers ample potential for refurbishment and expansion, making it an appealing prospect for both families and investors. Entering the home, you are greeted by a spacious hallway that leads into a large lounge filled with natural light, perfect for relaxation or entertaining guests. The standout feature is the open-plan kitchen and dining area, which has been thoughtfully extended to create a welcoming environment for family gatherings. This modern kitchen boasts high-quality cabinetry and integrated appliances alongside generous worktop space, ideal for culinary endeavors. A contemporary shower room on the ground floor adds to the convenience of this layout. Upstairs, you will find three generously sized bedrooms that provide versatile options for family living or working from home. The main bathroom features tasteful fittings that contribute to a sense of luxury. There is also significant scope for further extension (pending planning approval), allowing future owners to enhance their living space and potentially increase property value. The location benefits from close proximity to reputable schools, diverse shopping areas, leisure facilities, and excellent transport links, appealing especially to commuters and families seeking a vibrant community life. Overall, this property presents a unique opportunity to acquire a home with modern amenities while still allowing for personal touches and further enhancements.

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Investment analysis

(LU3 area)

Above Market Value

This property is priced +3.4% above area average per sq ft

+3.4%
This Property
£372/sq ft
Area Average
£360/sq ft
Avg Rent (weekly)
£310
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£425,563
10% above area average per sq ft
Potential ROI
-3.3%
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

Turnpike Drive, 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
£1,511
Based on a loan of £300,000 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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