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Mayne Avenue, Luton, Bedfordshire LU4 - Image 1
Mayne Avenue, Luton, Bedfordshire LU4 - Image 2
Mayne Avenue, Luton, Bedfordshire LU4 - Image 3

Mayne Avenue, Luton, Bedfordshire LU4

East of England

£270,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
704 sqft

Description

This three-bedroom semi-detached residence is a promising investment opportunity, with ample potential awaiting your vision. Situated in a sought-after residential area of Leagrave, Luton, the property requires a comprehensive refurbishment throughout, making it an ideal blank canvas for those looking to design their dream home or enhance its value. The generous outdoor space complements the sizeable driveway and garage, providing ample scope for potential extensions, subject to planning consent. The home boasts a family-friendly environment with reputable local schools within easy reach, alongside convenient amenities such as shops and cafes just moments away. Commuters will appreciate the nearby Leagrave train station, delivering swift access to London St Pancras and excellent road links via the M1 motorway. With many neighbouring properties already having undergone extensions and renovations, this house stands out as a rare chance for buyers keen on creating a personalized living space while benefiting from the area's community-driven atmosphere. For investors or families seeking to unlock this home's full potential through thoughtful renovations and possible expansions, this property represents an exciting opportunity.

Investment Analysis

(LU4 area)

Above Market Value

This property is priced +7.8% above area average per sq ft

+7.8%
This Property
£384/sq ft
Area Average
£356/sq ft
Avg Rent (weekly)
£320
Avg Yield
5.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£275,493
10% above area average per sq ft
Potential ROI
-16.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (LU4)

Area prices are rising by +3.2% over the last 12 months
3 year growth: 4.0%
5 year growth: 27.6%
Investment Disclaimer: Analysis based on LU4 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

Mayne Avenue, Luton, Bedfordshire LU4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£989
Based on a loan of £202,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE