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Canberra Gardens, Luton LU3

East of England

£300,000
Listed on 26/03/2026

Property Details

Bedrooms
2
Type
Semi Detached Bungalow
Area
699 sqft

Description

This two-bedroom semi-detached bungalow is nestled in a quiet cul-de-sac within the desirable Icknield catchment area, presenting a solid investment opportunity for those looking to renovate. The property features two generously sized double bedrooms, a spacious lounge with patio doors leading to the garden, and a kitchen/diner that offers potential for modernisation. The bathroom is functional yet dated, allowing for improvements that could enhance both comfort and value. Externally, the bungalow boasts a front garden with a block-paved driveway suitable for multiple vehicles and a garage with power supply. The rear garden, primarily laid to lawn with an existing paved patio area, provides ample space for landscaping or expansion (subject to planning permission). Local amenities such as Co-op and Morrison’s are conveniently nearby, while excellent transport links including Leagrave railway station and easy access to the M1 make this property appealing for commuters. Families will appreciate the proximity to well-regarded schools like Warden Hills Junior and Icknield High School. With some thoughtful renovations, this bungalow can truly be transformed into an exceptional family home.

Investment Analysis

(LU3 area)

Above Market Value

This property is priced +20.2% above area average per sq ft

+20.2%
This Property
£429/sq ft
Area Average
£357/sq ft
Avg Rent (weekly)
£304
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£274,574
10% above area average per sq ft
Potential ROI
-19.2%
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
23%
Properties sold annually

Local Market Trend (LU3)

Area prices are rising by +2.9% over the last 12 months
3 year growth: +1.5%
5 year growth: +18.4%
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

Canberra Gardens, Luton LU3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,082
Based on a loan of £225,000 over 30 years at 4.06% 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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