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Cowridge Crescent, Luton LU2

East of England

£300,000
Listed on 29/04/2026

Property Details

Bedrooms
3
Type
Detached house
Area
877 sqft

Description

Located on a sought-after corner plot in Cowridge Crescent, Luton, this three-bedroom semi-detached house presents a unique opportunity for investors and homebuyers alike. The property is in need of comprehensive renovation, allowing the new owner to tailor the space to their specific needs and preferences. Inside, the layout features three generously sized bedrooms that provide a solid base for modern living. The potential for reconfiguration or refurbishment is significant. The exterior sets this property apart; its substantial garden space not only offers privacy but also opens up possibilities for expansion. Consider options such as extending the property on both sides or erecting a separate dwelling (subject to planning approval), making it an enticing prospect for those looking to enhance their investment value. Conveniently situated near local amenities, schools, and transport links, this property represents a rare chance to secure a versatile home with generous land that can adapt to various future plans.

Investment Analysis

(LU2 area)

Below Market Value

This property is priced -8.1% below area average per sq ft

-8.1%
Potential saving
This Property
£342/sq ft
Area Average
£372/sq ft
Avg Rent (weekly)
£297
Avg Yield
4.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£55,000 - £85,000
Target Value
£359,061
10% above area average per sq ft
Potential ROI
-6.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
51
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (LU2)

Area prices are stable by -1.8% over the last 12 months
3 year growth: -2.9%
5 year growth: +13.9%
Investment Disclaimer: Analysis based on LU2 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

Cowridge Crescent, Luton LU2
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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
£1,070
Based on a loan of £225,000 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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