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Arundel Road, Luton, Bedfordshire LU4

East of England

£275,000
Listed on 24/09/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1081 sqft

Description

This spacious four-bedroom bungalow, located in the desirable Maidenhall area of Luton, presents a solid investment opportunity with inherent renovation potential. Currently occupied by tenants generating a monthly rental income of £1,100, the property offers immediate returns for investors seeking to grow their portfolios. While the bungalow remains comfortable for its occupants, it does require modernisation throughout. This necessity opens the door for a new owner to enhance the property’s value through thoughtful renovations. Envision transforming this space into a contemporary residence that could significantly increase both rental yield and future resale value. The layout includes four genuine double bedrooms and a single reception room, providing ample living space that can be reimagined to meet modern standards. The large rear garden is another asset worth noting. This outdoor area not only offers valuable space but also presents an opportunity for landscaping or creating recreational areas. Potential buyers might consider expansion possibilities, subject to obtaining the necessary planning permissions. Such enhancements could add to the property's overall appeal and market value. Situated in Maidenhall, this home benefits from a strong sense of community along with easy access to local amenities like shops and parks. The area is well-regarded for its educational institutions and boasts excellent transport links, with convenient access to both Luton’s mainline railway station and the M1 motorway. This connectivity makes it an attractive locale for families and commuters alike. Offered chain-free, this property allows for a smooth transaction process—a key advantage for investors valuing efficiency. In summary, this four-bedroom bungalow stands as an exceptional investment proposition, combining immediate rental income with significant potential for enhancement and growth. Don’t miss the chance to explore this property's opportunities at our upcoming Open House event on 18th September 2025.

Investment Analysis

(LU4 area)

Below Market Value

This property is priced -27.6% below area average per sq ft

-27.6%
Potential saving
This Property
£254/sq ft
Area Average
£351/sq ft
Avg Rent (weekly)
£314
Avg Yield
5.0%

Renovation Potential

Est. Renovation Cost
£27,500 - £68,750
10-25% of property value
Target Value
£417,909
10% above area average per sq ft
Potential ROI
+21.6%
After renovation
Monthly Sales
21
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (LU4)

Area prices are rising by +3.4% over the last 12 months
3 year growth: 6.8%
5 year growth: 30.1%
Investment Disclaimer: Analysis based on LU4 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Arundel Road, Luton, Bedfordshire LU4
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