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The Grove, Luton, Bedfordshire LU1

East of England

£325,000

Listed on 27/06/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
1048 sqft

Description

Situated in the desirable Farley Hill area, this three-bedroom semi-detached property presents an excellent investment opportunity for both families and first-time buyers. While the home is generally in good condition, it offers ample scope for modernization and personal design touches to truly make it your own. Features include a spacious lounge and a functional kitchen on the ground floor, complemented by three well-sized bedrooms and a family bathroom upstairs. The expansive rear garden not only provides an inviting outdoor space but also holds potential for extension (subject to planning permissions). Additionally, there’s a garage accessible via a service road. The property is conveniently located near local amenities, schools, and transport links, making it an excellent choice for those seeking practicality along with lifestyle advantages.

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Investment analysis

(LU1 area)

Below Market Value

This property is priced -6.3% below area average per sq ft

-6.3%
Potential saving
This Property
£310/sq ft
Area Average
£331/sq ft
Avg Rent (weekly)
£238
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£381,577
10% above area average per sq ft
Potential ROI
+9.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (LU1)

Area prices are falling by -2.6% over the last 12 months
3 year growth: +2.4%
5 year growth: -0.3%
Investment Disclaimer: Analysis based on LU1 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 Grove, Luton, Bedfordshire LU1
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,228
Based on a loan of £243,750 over 30 years at 4.45% 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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