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High Town Road, Luton, Bedfordshire LU2

East of England

£290,000

Listed on 18/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
985 sqft

Description

This three-bedroom house located in High Town, Luton, presents an ideal opportunity for both families and savvy investors looking to capitalize on its considerable renovation potential. The property is conveniently positioned near local amenities, schools, and Luton Train Station, making it a great choice for commuters. Inside, the layout comprises two separate reception rooms that offer flexibility for various uses such as living or dining spaces, or even a home office. The ground floor also includes a handy WC. While the kitchen is currently functional, it can greatly benefit from modernization, allowing new owners to tailor it to their tastes. The first floor houses three spacious double bedrooms, making it suitable for family living or attractive as a rental option with potential for conversion into a House in Multiple Occupation (HMO) pending planning permissions. The family bathroom caters well to residents’ needs. Outside, the extensive rear garden is a significant asset in this urban area, providing ample opportunities for landscaping or creating areas for entertaining and children's play. Additionally, given the generous plot size, there is substantial potential for property extension (subject to planning). This property offers not just immediate comfort but also considerable scope for future value enhancement through renovations and modifications.

Investment Analysis

(LU2 area)

Below Market Value

This property is priced -20.9% below area average per sq ft

-20.9%
Potential saving
This Property
£294/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
£403,116
10% above area average per sq ft
Potential ROI
+22.2%
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

High Town Road, Luton, Bedfordshire 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
£1,096
Based on a loan of £217,500 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.

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