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Cannon Lane, Luton, Bedfordshire, LU2 8BJ - Image 1
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Cannon Lane, Luton, Bedfordshire, LU2 8BJ

East of England

£325,000

Listed on 15/07/2026

Property details

Bedrooms
3
Type
Semi Detached

Description

This semi-detached property presents a promising investment opportunity for first-time buyers and those looking to renovate. Nestled on a generous plot in the desirable area of Putteridge, this home not only features three spacious bedrooms but also includes a detached garage and carport, adding to its potential. The location is particularly appealing, situated close to essential amenities in Stopsley Village and offering easy access to transport links for commuters. The layout consists of an entrance hall, living room, kitchen, and shower room, with ample scope for enhancements or extensions, subject to planning permissions. The exterior boasts a large driveway and a mature garden at the rear, ideal for creating an outdoor space tailored to your preferences.

Investment analysis

(LU2 area)
Area Average
£374/sq ft
Avg Rent (weekly)
£299
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
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

Cannon Lane, Luton, Bedfordshire, LU2 8BJ
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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

Next Steps

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