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Avenue Grimaldi, Luton LU3

East of England

£350,000
Listed on 18/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
991 sqft

Description

This charming 1930s semi-detached house in the sought-after LU3 area of Luton presents a unique opportunity for renovation and expansion. With a strong foundation, the property features two spacious reception rooms characterized by elegant bay windows and high ceilings, creating a bright atmosphere. The original kitchen still retains its character and offers potential for modernization or reconfiguration, particularly with access to the side garden and rear space which could be transformed into an inviting outdoor living area. The exterior boasts a mature rear garden, complete with a central pathway leading to a paved patio—ideal for entertaining or relaxation. Additionally, there is a detached garage along with off-street parking at the front, providing convenience and privacy. Avenue Grimaldi's location is advantageous; local amenities such as schools, shopping facilities, and public transport are all within walking distance, making it an attractive prospect for families looking to invest in their future. This home offers incredible scope for those wishing to create a larger family dwelling by utilizing loft, side, and rear extensions (subject to planning permission). This property is offered chain-free, making it easier to pursue your renovation vision without delay.

Investment Analysis

(LU3 area)

Below Market Value

This property is priced -0.8% below area average per sq ft

-0.8%
Potential saving
This Property
£353/sq ft
Area Average
£356/sq ft
Avg Rent (weekly)
£315
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£388,239
10% above area average per sq ft
Potential ROI
-0.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (LU3)

Area prices are stable by +0.5% over the last 12 months
3 year growth: -0.5%
5 year growth: +16.8%
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

Avenue Grimaldi, Luton LU3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,240
Based on a loan of £262,500 over 30 years at 3.91% 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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