Worst House on the Street Logo
Cheney Road, Luton, LU4 - Image 1
Cheney Road, Luton, LU4 - Image 2
Cheney Road, Luton, LU4 - Image 3
Cheney Road, Luton, LU4 - Image 4
Cheney Road, Luton, LU4 - Image 5
Cheney Road, Luton, LU4 - Image 6
Cheney Road, Luton, LU4 - Image 7
Cheney Road, Luton, LU4 - Image 8
Cheney Road, Luton, LU4 - Image 9
Cheney Road, Luton, LU4 - Image 10
Cheney Road, Luton, LU4 - Image 11
Cheney Road, Luton, LU4 - Image 12
Cheney Road, Luton, LU4 - Image 13
Cheney Road, Luton, LU4 - Image 14
Cheney Road, Luton, LU4 - Image 15
Cheney Road, Luton, LU4 - Image 16

Cheney Road, Luton, LU4

East of England

£300,000

Listed on 13/07/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
893 sqft

Description

This three-bedroom semi-detached house in Leagrave, Luton presents an appealing canvas for those looking to invest in a property that requires renovation and allows for personal customization. The ground floor features two reception rooms; the main room is bright and airy with large windows and a fireplace, while the second reception room offers a view of the garden, with potential (subject to necessary consents) to merge with the kitchen for a more open-plan living space. The kitchen, also bathed in natural light, grants side access to the garden and has designated areas for utilities such as a washing machine. With reconfiguration possibilities—such as creating a kitchen-diner—this area holds significant potential for transformation. Upstairs comprises three bedrooms, including two doubles and one single. The bathroom is equipped with standard fixtures: bath with shower over, wash hand basin, W.C., and heated towel rail. Externally, there’s a decent-sized garden which could benefit from enhancements, alongside the possibility of establishing off-street parking through consent. Situated in a friendly community near Leagrave Park and just a short walk from local shops and amenities on Marsh Road, this location is also well-served by public transport including Leagrave Train Station, making it ideal for commuters. This property could attract first-time buyers or families seeking renovation opportunities in a convenient setting.

Investment analysis

(LU4 area)

Below Market Value

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

-6.3%
Potential saving
This Property
£336/sq ft
Area Average
£358/sq ft
Avg Rent (weekly)
£302
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£352,007
10% above area average per sq ft
Potential ROI
+5.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (LU4)

Area prices are stable by +0.5% over the last 12 months
3 year growth: +0.3%
5 year growth: +20.5%
Investment Disclaimer: Analysis based on LU4 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

Cheney Road, Luton, LU4
Loading map...

Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,133
Based on a loan of £225,000 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

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.