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East of England
£450,000
Listed on 19/09/2026
Listed on 19/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
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.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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.
Tax
Indicative tax based on the asking price and the options you select.
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