Selbourne Road, Luton, Bedfordshire, LU4 8LT
East of England
£340,000
Listed on 24/10/2026
Listed on 24/10/2026
The listing
Property details
Bedrooms
3Type
End Of TerraceArea
2325 sqftDescription
This chain-free three-bedroom home has two reception rooms and a ground-floor shower room, alongside a family bathroom upstairs. The separate living spaces offer flexibility for dining, working from home or everyday use, while the three bedrooms provide accommodation across the first floor.
The property is in Bury Park, close to local shops, parks and community facilities. Leagrave and Luton stations are within reach, as is Junction 11 of the M1 for road connections. The listing also notes nearby school catchments.
As an end-of-terrace home, it is described as having a generous plot and potential to extend, subject to the necessary permissions and checks. This offers scope to consider changes to the existing accommodation, with feasibility to be verified. Offered chain free, the property is marketed by Penrose Estate Agents.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
82out of 100
Grade AStrong opportunity
Confidence: MEDIUM
At £340,000, this is a strong acquisition opportunity: the asking price is about £146/sq ft, well below the local average of £358/sq ft. The three-bedroom end-of-terrace offers two reception rooms, two bathroom areas and an established garden, with the photographed rooms appearing usable and generally maintained.
The value-add is a light cosmetic refresh, with dated kitchen and bathroom finishes, older floor coverings and some garden and forecourt tidying. The stated renovation range is £5,000–£15,000. The listing also mentions potential to extend, subject to permissions, but no feasibility is established.
Key opportunities
- Acquire at a substantial discount to the local average on a £/sq ft basis.
- Refresh the dated kitchen, bathroom finishes and floor coverings while retaining the usable layout.
- Explore the stated extension potential, subject to obtaining necessary permissions.
Key risks
None recorded.
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Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,284
Based on a loan of £255,000 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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