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Faringdon Road, Luton, Bedfordshire LU4

East of England

£335,000

Listed on 03/05/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
1020 sqft

Description

This three-bedroom semi-detached bungalow, set on a spacious plot in the desirable Poets Area of Luton & Dunstable Borders, presents an appealing opportunity for those looking to invest or renovate. Located conveniently within a short walking distance to Luton & Dunstable Hospital and Leagrave Train Station, this property caters well to commuters and healthcare professionals. The bungalow boasts significant potential for expansion (subject to planning permission) and allows buyers the chance to customize their living space according to personal preferences. Inside, the accommodation includes a welcoming hallway, a fitted kitchen, two generously sized double bedrooms, and an expansive lounge that leads into a conservatory, enhancing the overall living area. The exterior features ample off-street parking and a converted garage functioning as a utility room, with additional opportunities for reconfiguring the layout to enhance usability. Well-situated near local amenities and reputable schools like Ferrars Academy and Chalk Hills Academy, this property is structurally sound but would benefit from cosmetic updates. This makes it ideal for anyone wanting to inject their own style while increasing its value through thoughtful renovations. Early viewing is advised in order to fully grasp its potential.

Investment Analysis

(LU4 area)

Below Market Value

This property is priced -7.2% below area average per sq ft

-7.2%
Potential saving
This Property
£328/sq ft
Area Average
£354/sq ft
Avg Rent (weekly)
£318
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£397,020
10% above area average per sq ft
Potential ROI
+7.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (LU4)

Area prices are stable by -0.8% over the last 12 months
3 year growth: +0.6%
5 year growth: +21.2%
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

Faringdon Road, Luton, Bedfordshire LU4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,195
Based on a loan of £251,250 over 30 years at 3.97% 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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