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The Furrows, Luton LU3

East of England

£350,000

Listed on 07/05/2026

Property Details

Bedrooms
3
Type
Semi Detached Bungalow
Area
716 sqft

Description

This three-bedroom semi-detached bungalow is situated in a tranquil cul-de-sac in the LU3 area, presenting an excellent opportunity for renovation and investment. The property features three spacious bedrooms, a wet room equipped with a separate cloakroom, and a garage, all of which can be further enhanced or reconfigured to maximize living space. The possibility of extending the property (subject to planning permission) adds significant potential for future value increase. Internally, it includes a cloakroom, kitchen, lounge with patio doors leading to the garden, and all bedrooms accessible from the hallway. Externally, there is a lawned area alongside the driveway and an expansive rear garden that could be transformed into an outdoor retreat. Conveniently located near local amenities such as Birdsfoot Lane Parade and Sainsbury's supermarket, this property also benefits from proximity to Bramingham Business Park and its shops including Costa Coffee and Aldi. Educational institutions are within easy reach, adding appeal for families. Commuters will appreciate access to Leagrave Railway Station and major roadways like the A6. The bungalow is offered chain-free, making it an attractive proposition for buyers looking to invest in a property with clear renovation potential.

Investment Analysis

(LU3 area)

Above Market Value

This property is priced +37.1% above area average per sq ft

+37.1%
This Property
£489/sq ft
Area Average
£356/sq ft
Avg Rent (weekly)
£328
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£280,740
10% above area average per sq ft
Potential ROI
-28.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (LU3)

Area prices are stable by +1.6% over the last 12 months
3 year growth: +0.1%
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

The Furrows, Luton LU3
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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
£1,249
Based on a loan of £262,500 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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