3-bedroom house · LU2 9DL
Sold STCListed 41 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property reference number: 1640475 A fantastic 3-bedroom, 1-bathroom house with a private garden in Luton. Available through Shared Ownership from £122,500 for a 35% share of £350,000.
This home features 3 well-sized bedrooms, a bathroom, and a kitchen complete with integrated appliances.
The property also benefits from a private garden, central heating, and a private allocated parking space for added convenience.
Located in the popular Wigmore and Stopsley area, you'll have easy access to everyday amenities, including Asda, as well as excellent transport connections.
London Luton Airport Parkway Station is just 3.1 miles away, providing convenient rail links into London and beyond. London Luton Airport is also nearby, making travel easy for both work and leisure.
Closest station: Luton Airport Parkway (3.1 miles) Key features: - Kitchen with integrated appliances - Private garden - Private allocated parking space - Central heating Financial information Tenure: Leasehold Remaining lease term: 84 years Annual ground rent amount: £150 Ground rent review period: Applicable upon final staircasing Annual service charge amount: £579.84 Service charge review period: Annually Council tax band: C *Financial information correct as of 08/09/2026
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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
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FAQ
About Someries Hill, Luton, Luton
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