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Lothair Road, Luton LU2

East of England

£250,000

Listed on 10/06/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
950 sqft

Description

This traditional two-bedroom family residence, dating back to the early 1900s, presents a unique opportunity for buyers looking to invest in a property with significant renovation potential. Nestled in the desirable Stopsley area of Luton and available with no onward chain, this home is ideally suited for those desiring to imprint their personal style while enhancing its value. Upon entry, the property boasts spacious rooms featuring high ceilings that enhance the sense of openness and natural light. Currently, it includes two sizeable reception rooms and a practical kitchen space; however, it requires modern updates which could transform it into a contemporary family dwelling. The ability to design these spaces allows new owners to tailor their dream home. The first floor accommodates two cozy bedrooms and a family bathroom, with a layout that provides a solid foundation for further development. The property also holds exceptional potential for extension at the rear, subject to necessary planning approvals, potentially adding more bedrooms or expanding living areas—ideal for families seeking more space. A significant highlight is the generous rear garden exceeding 100ft in length. This outdoor area not only has room for landscaping but also offers ample scope for extensions without sacrificing green space—a rare find in urban settings. The home's location enhances its appeal, situated within walking distance of local amenities on Hitchin Road and benefiting from excellent transport links. This area is known for its community spirit and accessibility, making it particularly attractive to first-time buyers or investors looking to secure an appreciating asset through strategic renovations and enhancements. With early viewings encouraged, this property stands out as an ideal project for those ready to engage in rewarding renovations while enjoying the charm of a classic family home.

Investment Analysis

(LU2 area)

Below Market Value

This property is priced -29.3% below area average per sq ft

-29.3%
Potential saving
This Property
£263/sq ft
Area Average
£372/sq ft
Avg Rent (weekly)
£294
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£388,792
10% above area average per sq ft
Potential ROI
+34.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
54
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (LU2)

Area prices are stable by -2.0% over the last 12 months
3 year growth: -2.9%
5 year growth: +13.5%
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

Lothair Road, Luton LU2
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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
£944
Based on a loan of £187,500 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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