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Putteridge Road, Luton LU2

East of England

£200,000

Listed on 16/05/2026

Property Details

Bedrooms
2
Type
Terraced
Area
657 sqft

Description

Situated in the vibrant Stopsley Village, this two-bedroom terraced property presents a valuable opportunity for buyers looking to undertake a significant renovation project. The layout includes two reception rooms and a kitchen at the rear, along with two bedrooms and a spacious bathroom on the upper floor. While the interior is in need of comprehensive refurbishment, it offers considerable potential for enhancement and future appreciation in value. This home, which comes chain-free, is perfect for those aiming to create a tailored living space or secure a reliable buy-to-let investment. With local amenities just moments away, this location provides added convenience for prospective residents. Given its current condition, it is advisable for cash buyers or those exploring specialized financing solutions.

Investment Analysis

(LU2 area)

Below Market Value

This property is priced -18.2% below area average per sq ft

-18.2%
Potential saving
This Property
£304/sq ft
Area Average
£372/sq ft
Avg Rent (weekly)
£297
Avg Yield
4.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £45,000
Target Value
£268,989
10% above area average per sq ft
Potential ROI
+9.8%
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

Putteridge Road, 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
£714
Based on a loan of £150,000 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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