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Purcell Road, Luton LU4

East of England

£310,000
Listed on 03/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
872 sqft

Description

This three-bedroom semi-detached home in a desirable Luton neighborhood offers a promising opportunity for those looking to invest in a property ripe for renovation. Available chain-free, this residence serves as an ideal platform for homeowners aiming to personalize and upgrade their living space. Entering the property reveals a warm ambiance throughout its generously sized rooms. The ground floor comprises two separate reception areas that provide flexible options for relaxation or entertaining, benefiting from ample natural light and spacious dimensions. Although some modernization is required, it allows new buyers the chance to apply their vision and transform it into a stylish contemporary home. Moving upstairs, you'll discover three well-proportioned bedrooms that can accommodate family needs or serve as a dedicated workspace or guest rooms. A family bathroom and separate WC present opportunities for aesthetic improvements and functional upgrades. Notably, this property’s potential extends beyond interiors; it allows room for extension (subject to obtaining planning permissions), making it feasible to create an open-plan kitchen-diner or add more bedrooms and living space. Additionally, off-road parking possibilities are available – a significant advantage in today’s market. Surrounding the home is outdoor space that can be skillfully landscaped into an enjoyable retreat. The location strikes a perfect balance between tranquility and accessibility, with strong transport links ensuring easy commuting options. This semi-detached house represents more than just real estate; it embodies an investment opportunity with solid groundwork and remarkable potential for transformation. Its chain-free status facilitates the buying process, paving the way for smooth transactions. Given its size, potential for modernization and expansion, along with its prime location, prospective buyers are encouraged to view early.

Investment Analysis

(LU4 area)

Below Market Value

This property is priced -0.4% below area average per sq ft

-0.4%
Potential saving
This Property
£356/sq ft
Area Average
£357/sq ft
Avg Rent (weekly)
£315
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£342,291
10% above area average per sq ft
Potential ROI
-2.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (LU4)

Area prices are stable by -0.7% over the last 12 months
3 year growth: +0.5%
5 year growth: +21.8%
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

Purcell Road, Luton LU4
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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
£1,098
Based on a loan of £232,500 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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