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Chiltern Rise, Luton, Bedfordshire, LU1 5HF

East of England

£260,000

Listed on 05/08/2026

Property details

Bedrooms
3
Type
Terraced
Area
969 sqft

Description

This spacious three-bedroom house presents a unique opportunity in the heart of Luton town centre, ideal for both homebuyers and savvy investors. The property features an inviting layout with three generously sized bedrooms, two adaptable reception rooms, and two bathrooms, offering a comfortable living space suitable for families or multiple tenants. While some modernisation is needed, this provides a blank canvas for the new owner to infuse their style, thereby enhancing the property's value. Another noteworthy aspect is its potential for conversion; subject to obtaining the necessary planning permissions (STPP), this home could be transformed into a profitable House in Multiple Occupation (HMO) or divided into two separate units. This versatility enhances its appeal as an investment in a high-demand rental market. Conveniently located in the town centre, residents will enjoy immediate access to numerous local amenities—ranging from shopping and dining to leisure facilities. The property is also well-served by major transport links, including Luton mainline train station and easy road access to the M1 motorway and London Luton Airport, making it an attractive option for commuters. For buy-to-let considerations, the configuration and strategic position of this property can yield substantial rental returns. It’s recommended that interested buyers attend the Open House event on Monday 10th from 4 PM to 5:30 PM to fully appreciate what this chain-free property has to offer.

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Location

Chiltern Rise, Luton, Bedfordshire, LU1 5HF
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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
£982
Based on a loan of £195,000 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.

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