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Runfold Avenue, Luton LU3

East of England

£300,000

Listed on 18/06/2026

Property details

Bedrooms
3
Type
Terraced

Description

This three-bedroom house on Runfold Avenue in Luton offers an intriguing opportunity for buyers looking to invest or create their ideal home. With a favorable location within the well-regarded Icknield catchment area, this property holds significant potential. The spacious living and dining area provides a solid foundation for modernisation, while the three good-sized bedrooms ensure ample accommodation for family or guests. The existing bathroom is functional but could benefit from updating to elevate comfort. A valuable feature of this property is the partially converted loft space, which offers options for additional storage or could be developed further with planning permission, enhancing its appeal and utility. The potential for extensions to increase living space is another aspect that could be explored, allowing future owners to tailor the house to their needs. The rear garden not only serves as a tranquil outdoor retreat but also presents opportunities for landscaping or adding features to suit personal preference. With off-road parking already available, this home combines convenience with adaptability. Located close to Leagrave Train Station, commuting is made easy, promoting a practical lifestyle for families and professionals alike. Given its prime positioning and renovation potential, this property is worth viewing for anyone keen on making their mark in Luton’s real estate market.

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Investment analysis

(LU3 area)
Area Average
£361/sq ft
Avg Rent (weekly)
£330
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (LU3)

Area prices are rising by +3.9% over the last 12 months
3 year growth: +1.4%
5 year growth: +20.3%
Investment Disclaimer: Analysis based on LU3 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

Runfold Avenue, Luton LU3
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Mortgage calculator

£
£
£
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%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,133
Based on a loan of £225,000 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.

Stamp duty calculator

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