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Argyll Avenue, Luton, Bedfordshire LU3 - Image 1
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Argyll Avenue, Luton, Bedfordshire LU3 - Image 3

Argyll Avenue, Luton, Bedfordshire LU3

East of England

£310,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
862 sqft

Description

This three-bedroom semi-detached home offers a rare opportunity for those looking to invest in a property with significant refurbishment potential. Currently requiring a complete overhaul, the house provides a blank canvas for creating a tailored family residence. The layout features an entrance hall leading to a lounge with a desirable bay window, a dining room that flows through sliding patio doors into the expansive rear garden, and a practical kitchen and bathroom. Upstairs are three well-sized bedrooms. Additional features include off-street parking, rewiring done, and gas central heating. Strategically located in Luton’s sought-after 'New Bedford Road Area', this property is close to local amenities and schools while offering easy access to Junction 10 of the M1, Luton ThamesLink train station, and London Luton Airport. With ample scope for extension (subject to planning consent), this property is ideal for buyers looking to realize its full potential.

Investment Analysis

(LU3 area)

Above Market Value

This property is priced +1.9% above area average per sq ft

+1.9%
This Property
£360/sq ft
Area Average
£353/sq ft
Avg Rent (weekly)
£294
Avg Yield
4.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£334,667
10% above area average per sq ft
Potential ROI
-14.2%
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
14%
Properties sold annually

Local Market Trend (LU3)

Area prices are stable by +0.6% over the last 12 months
3 year growth: 2.3%
5 year growth: 17.5%
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

Argyll Avenue, Luton, Bedfordshire LU3
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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
£1,136
Based on a loan of £232,500 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