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Preston Path, Luton

East of England

£270,000Guide Price

Listed on 15/07/2026

Property details

Bedrooms
3
Type
Bungalow

Description

This spacious three-bedroom detached bungalow, situated on a generous plot of approximately 0.2 acres, offers significant potential for renovation and investment. Built in the 1960s, the property encompasses around 1,080 sq. ft. of living space and is located in a peaceful cul-de-sac. The layout includes an entrance hall, a dual-aspect sitting/dining room, a fully-equipped kitchen/breakfast area with an adjoining utility room, a master bedroom along with two additional bedrooms, and a family bathroom featuring both a corner bath and separate shower unit. Outside, you will find a walled front garden with gated access to a driveway suitable for multiple vehicles and a detached garage that requires some attention. The private rear garden is predominantly lawned and bordered by mature trees that enhance its seclusion. While the bungalow is in generally good condition, it presents an excellent opportunity for further modernisation to unlock its full potential. Offered at auction on Wednesday 5th August 2026.

Investment analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Preston Path, Luton
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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
£1,020
Based on a loan of £202,500 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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