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Roman Road, Luton, Bedfordshire, LU4 - Image 1
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Roman Road, Luton, Bedfordshire, LU4

East of England

£185,000

Listed on 26/09/2026

The listing

Property details

Bedrooms
2
Type
End Of Terrace
Area
530 sqft

Description

This spacious two-bedroom ground-floor maisonette presents a unique opportunity for buyers looking to modernise and personalise their living space. Offered with no onward chain, the property boasts an impressive approximately 900-year lease and is conveniently located near Leagrave train station, providing excellent transport links. The accommodation includes an entrance hall with built-in storage, a generous lounge featuring a fireplace, and a lean-to that adds extra utility. The kitchen offers space for appliances and additional storage. Both double bedrooms are well-sized, with the second bedroom accommodating a wall-mounted combination boiler. A refitted shower room with a double shower cubicle completes the internal layout. Externally, the property features front and rear gardens, with shared access leading to a partly enclosed rear garden that includes a storage shed. This maisonette is in need of full modernisation, making it an ideal project for those looking to invest in a property that they can truly make their own.

WHOTS analysis

Our WHOTS verdict

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

40out of 100
Grade ELow opportunity

Confidence: MEDIUM

This two-bedroom semi-detached house in Leagrave presents a significant renovation project, with a guide price of £185,000, slightly below the local average of £358/sqf. However, the all-in costs, including a renovation budget of £80,000, stretch the economics, leaving potential buyers facing a margin that is considerably below local benchmarks.

The home's dated interiors provide a blank canvas for those looking to create a personal space. The spacious living area and bedrooms offer ample room for reconfiguration, while the overgrown garden presents an opportunity for landscaping and outdoor enhancements. With a good location near transport links and a long lease, this property has the potential to be transformed into a desirable home, but buyers should approach with caution regarding the required investment and overall budget constraints.

Key opportunities

  • Spacious living area and bedrooms allow for creative reconfiguration.
  • Overgrown garden can be transformed into a pleasant outdoor space.
  • Long lease provides security and potential for future value growth.

Key risks

  • Stripped interiors and a £40,000–£120,000 works budget make this a full-gut programme, not a refresh.
  • Budget around £265,000 including the asking price and quoted works of about £80,000 — roughly 28% above what comparable floor area achieves locally in current condition, so margin after refurbishment is unproven.

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Map

Location

Roman Road, Luton, Bedfordshire, LU4
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Finance

Mortgage calculator

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

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£699
Based on a loan of £138,750 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.

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