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Kempsey Close, Luton, Bedfordshire, LU2 8TT - Image 1
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Kempsey Close, Luton, Bedfordshire, LU2 8TT

East of England

£475,000

Listed on 10/07/2026

Property details

Bedrooms
4
Type
Detached
Area
1356 sqft

Description

Located in the sought-after Kempsey Close within Wigmore, Bedfordshire, this four-bedroom detached house presents an appealing opportunity for families looking to invest. Upon entry, a spacious hallway welcomes you into two versatile reception rooms, ideal for both entertaining guests and enjoying family time. The practical layout includes a downstairs WC and a well-designed kitchen that invites customization to meet your preferences. A utility room equipped with an integral Bosch dishwasher enhances everyday convenience, while the integral garage and off-street parking for multiple vehicles add to the property's practicality. On the first floor, you'll discover four generously-sized bedrooms, including a master suite featuring its own en-suite bathroom. The remaining bedrooms share a family bathroom that caters to all needs comfortably. Natural light floods the interiors, creating an inviting ambience throughout. A notable highlight is the private rear garden that backs onto beautiful countryside, perfect for outdoor activities or relaxing in nature's embrace. This secluded space also offers potential for landscaping enhancements or an outdoor retreat tailored to your vision. Furthermore, with opportunities to extend the property (subject to planning permission), new owners can create additional living space or modify existing areas according to their evolving requirements. Kempsey Close benefits from being in a highly regarded school catchment area and offers convenient access to Luton Airport and major transport routes — making it ideal for commuters. Local amenities such as supermarkets, pubs, and restaurants are just a short walk away. This property truly embodies a significant investment opportunity in a desirable location with ample scope for improvement.

Investment analysis

(LU2 area)

Below Market Value

This property is priced -6.3% below area average per sq ft

-6.3%
Potential saving
This Property
£350/sq ft
Area Average
£374/sq ft
Avg Rent (weekly)
£299
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£557,560
10% above area average per sq ft
Potential ROI
+4.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
50
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (LU2)

Area prices are falling by -3.9% over the last 12 months
3 year growth: -3.1%
5 year growth: +10.4%
Investment Disclaimer: Analysis based on LU2 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

Kempsey Close, Luton, Bedfordshire, LU2 8TT
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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
£1,794
Based on a loan of £356,250 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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