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Mountfield Road & Plot of Land from Wardown Crescent - Image 1
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Mountfield Road & Plot of Land from Wardown Crescent

East of England

£450,000

Listed on 19/09/2026

The listing

Property details

Bedrooms
2
Type
Detached Bungalow

Description

Venture Residential is pleased to present this two-bedroom detached bungalow set on a generous plot on the desirable Mountfield Road in LU2. This property boasts significant potential, with ample space surrounding the home and an additional parcel of land accessible from Wardown Crescent, offering beautiful elevated views across Luton. The bungalow is in need of complete renovation, providing a blank canvas for those looking to create a personalized living space. The current layout includes two bedrooms, a garage, and extensive outdoor areas. The true appeal lies in the size and versatility of the plot, which presents excellent opportunities for redevelopment or substantial extension, subject to obtaining the necessary planning permissions. With its elevated position and expansive grounds, this property could transform into an impressive family home in a well-established residential area. Viewing is highly recommended to fully appreciate the size of the plot, the additional land, and the unique potential this property offers.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

43out of 100
Grade ELow opportunity

Confidence: LOW

This two-bedroom detached bungalow presents a significant renovation project on a generous plot in a desirable location. While the asking price of £450,000 appears steep compared to the local average of £335,871, the property's extensive grounds and potential for redevelopment offer a unique opportunity to create a bespoke home tailored to your vision. The extensive signs of neglect throughout the property, including poor conditions in the living areas, bedrooms, and exterior, indicate a heavy refurbishment is required, making it essential for buyers to approach with a clear renovation budget in mind.

The true value lies in the substantial plot size and the potential for significant extensions or redevelopment, subject to necessary planning permissions. Buyers can take advantage of the additional parcel of land that adds to the versatility of the project. Although the overall condition is poor, this property offers a blank canvas for someone willing to invest time and resources into transforming it into a remarkable family home with beautiful elevated views across Luton. Be prepared for a full-gut renovation, as the property needs extensive work throughout, which can be a rewarding endeavor for the right buyer.

Key opportunities

  • Substantial plot size allows for potential redevelopment or significant extensions.
  • Blank canvas for creating a bespoke home tailored to individual needs.
  • Elevated views across Luton enhance the property's appeal.

Key risks

  • Stripped interiors and a £100,000–£250,000 works budget make this a full-gut programme, not a refresh.
  • Extensive signs of neglect throughout the property indicate significant work is required.

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Location

Mountfield Road & Plot of Land from Wardown Crescent
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,700
Based on a loan of £337,500 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.

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