2-bedroom bungalow · LU4 9SU
For saleListed 53 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Urban Luxe Property are pleased to present this wonderful 1930s two bedroom semi detached bungalow in the heart of Luton, Bedfordshire.
In a quiet cul de sac in the popular area of Challney, LU4, this is one not to be missed.
Inside accommodation comprises of entrance hall, spacious lounge/diner, modern kitchen, two double bedrooms, wet room style bathroom and an extra reception space in the form of a conservatory.
Outside there is a good sized garden, mainly laid to lawn and off road parking on the driveway for two cars. The property is in need of some upgrading, so a great project for anyone interested.
Challney is a well-established residential area to the west of Luton, popular with families and commuters thanks to it's excellent transport connections and range of local amenities.
The area provides convenient access to the M1 with Leagrave railway station nearby offering direct services to London and Bedford.
In summary the property offers:- 2 double bedrooms Entrance Hall Spacious lounge/diner Mordern kitchen Wet room Conservatory EPC Rating: D Council Tax Band: C
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About St. Lukes Close, Luton
Explore nearby
