3-bedroom bungalow · LU2 7NL
For saleListed 24 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £500,000 - £525,000 Downsizing doesn’t have to mean giving up the life you love.
If you’re ready for a home that’s easier to manage, but the thought of giving up your garden, parking or room for family and friends doesn’t feel right, this could be the answer.
Set on a generous 0.18 acre plot, this three double bedroom detached bungalow gives you the opportunity to simplify without feeling like you’ve had to compromise.
With large gardens, a substantial driveway providing off-road parking for multiple vehicles and generous accommodation, there’s room here to enjoy the things that matter, whether that’s having family over, spending time in the garden or simply enjoying the peace and privacy of your own home.
Preston Gardens has a distinctive setting, with the homes arranged around a central green. The bungalow enjoys a particularly prominent corner position, set back from the road on its own private plot.
Round Green provides a choice of local shops, cafés, pubs, takeaways and everyday essentials, while nearby leisure facilities like Luton Bowls and Sports Clubs are close by and open spaces such as Wardown Park and People’s Park make it easy to enjoy an active lifestyle, providing opportunities for enjoying the outdoors.
When it’s time to head further afield, the location really comes into its own.
Luton town centre and railway station are approximately a 20-minute walk away, offering Thameslink and East Midlands Railway services.
By road, the M1 is within easy access, providing convenient north–south connections, whilst the location is also well placed for access to both Hitchin and Stevenage.
A Home Designed for Modern Living There’s something particularly appealing about finding a home where the hard work has already been done, leaving you free to simply move in, settle down and enjoy it.
Extended and comprehensively renovated in 2020, this bungalow has been thoughtfully transformed for modern living, with a complete electrical rewire, new plumbing and heating and replacement double-glazed windows and doors.
Outside, the landscaped rear gardens are arranged over two levels to create different spaces for relaxing, entertaining and enjoying the outdoors.
Wrought iron double gates provide access to the lower level, adding both practicality and flexibility.
A substantial brick-built store/workshop with power and lighting provides useful additional space and could lend itself to a home office, hobby room or workspace.
This bungalow offers value on so many levels: A peaceful, modern home that has been thoughtfully extended and upgraded.
Wonderful landscaped gardens, everyday convenience and the freedom to reach the places that matter with ease.
It’s a home that lets you make a change, without giving up the lifestyle you’ve always enjoyed. If this sounds like the kind of home you’ve been waiting for, we’d love to show you around.
Book your viewing today and come and experience the home for yourself. Please note: For room dimensions, please refer to the floor plan.
The final five photographs have been virtually staged to give you an idea of how the space could look with a different style and arrangement in the living area, master bedroom and bedroom two
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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 17, Preston Gardens, Luton
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