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New Bedford Road, Luton

East of England

£615,000

Listed on 03/07/2026

Property details

Bedrooms
4
Type
Detached

Description

This rare three-bedroom detached family residence presents an intriguing investment opportunity on a generous plot along the desirable New Bedford Road. Having been owned by the same family for nearly three decades, the property offers a chance for new owners to transform it into their dream home. The home features considerable side and rear extensions, creating flexible living spaces that could easily be adapted to suit various needs, including potential for additional rooms or accommodations on the ground floor. The entrance hall leads to a spacious living room ideal for family gatherings, complemented by a substantial dining area perfect for entertaining guests. The extended areas allow for versatility, with potential space available for another reception area or bedroom, as well as an office—ideal for remote work. Notably, the property includes two bathrooms on the ground floor, catering well to larger families or multi-generational living arrangements. Upstairs, three spacious bedrooms provide ample accommodation alongside an additional family bathroom. While the home has been maintained over the years, it now awaits modernization to reflect contemporary tastes and preferences. There exists ample scope for further development (subject to necessary planning permissions), making this not only a comfortable family home but also an excellent long-term investment. The expansive rear garden serves as a fantastic outdoor space suitable for both play and entertainment, while a versatile outbuilding holds great potential—whether envisioned as a gym, studio, workshop, games room or home office. Additionally, off-road parking is provided by a private driveway accommodating up to three vehicles. Located in the esteemed New Bedford Road area of Luton, residents enjoy easy access to local amenities, schools, parks and transport links including Luton town centre and train station. This property represents an exceptional opportunity in terms of space and investment potential.

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Investment analysis

(LU3 area)
Area Average
£360/sq ft
Avg Rent (weekly)
£310
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
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

New Bedford Road, Luton
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Mortgage calculator

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£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,323
Based on a loan of £461,250 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

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