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Priestleys, Luton LU1

East of England

£325,000
Listed on 26/04/2026

Property Details

Bedrooms
3
Type
End Terrace
Area
920 sqft

Description

This three-bedroom end of terrace home, located in a sought-after area of Luton, presents a solid investment opportunity with considerable renovation potential. Upon entry, the property showcases a bright and airy interior with spacious bedrooms and a modern kitchen. The bathroom has been tastefully upgraded, yet there remains ample scope for further enhancements to suit contemporary tastes. The generous rear garden is particularly noteworthy; it not only serves as an excellent space for outdoor gatherings but also offers possibilities for future development (subject to planning permission). Additionally, off-road parking adds to the property's appeal. While the home is in good condition overall and ready for immediate occupancy, its strategic location near local amenities and transport links makes it an attractive prospect for both families and investors looking to capitalize on Luton’s evolving property market.

Investment Analysis

(LU1 area)

Above Market Value

This property is priced +6.6% above area average per sq ft

+6.6%
This Property
£353/sq ft
Area Average
£331/sq ft
Avg Rent (weekly)
£247
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£335,276
10% above area average per sq ft
Potential ROI
-8.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (LU1)

Area prices are stable by +0.8% over the last 12 months
3 year growth: +7.4%
5 year growth: +5.8%
Investment Disclaimer: Analysis based on LU1 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

Priestleys, Luton LU1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,151
Based on a loan of £243,750 over 30 years at 3.91% 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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