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Felix Avenue, Luton, Bedfordshire LU2 - Image 1
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Felix Avenue, Luton, Bedfordshire LU2

East of England

£350,000
Listed on 07/05/2026

Property Details

Bedrooms
3
Type
Semi Detached Bungalow
Area
853 sqft

Description

This three-bedroom semi-detached bungalow, nestled in a serene cul-de-sac of the desirable Round Green area of Luton, presents a remarkable investment opportunity for those looking to enhance and customize their living space. The property is thoughtfully designed with three spacious bedrooms suitable for family use or as a dedicated home office. The inviting reception room provides a versatile area for relaxation and social gatherings, while the functional bathroom ensures daily convenience. For those interested in outdoor space, the low-maintenance garden offers a private retreat free from extensive upkeep, allowing residents to enjoy their surroundings effortlessly. Additionally, the property includes a private driveway and garage, catering to parking needs and offering extra storage options. Importantly, this bungalow holds significant potential for expansion or renovation, subject to planning permissions. Such modifications could allow homeowners to tailor the layout according to their preferences while increasing property value substantially. Located in a peaceful neighborhood yet close to essential amenities, this area boasts a strong community feel. Local shops, schools, and convenient transport links—including proximity to Luton Airport—make it an ideal location for families and commuters alike. This property represents a unique chance to acquire a residence that not only offers comfort today but also promises potential for growth in the future. Early viewings are encouraged to fully grasp its possibilities before it's sold.

Investment Analysis

(LU2 area)

Above Market Value

This property is priced +10.2% above area average per sq ft

+10.2%
This Property
£410/sq ft
Area Average
£372/sq ft
Avg Rent (weekly)
£297
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£349,235
10% above area average per sq ft
Potential ROI
-12.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
51
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (LU2)

Area prices are stable by -1.8% over the last 12 months
3 year growth: -2.9%
5 year growth: +13.9%
Investment Disclaimer: Analysis based on LU2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Felix Avenue, Luton, Bedfordshire LU2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,249
Based on a loan of £262,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

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