2-bedroom terraced house · LU3 2NR
Sold STCReduced £10k (−3.3%) on 21 JunListed 224 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Icknield catchment | newly refurbished | ready to move in | large bedrooms Located in the ever popular Icknield catchment area of Luton, this two bedroom mid terrace home boasts excellent potential.
Being newly refurbished throughout, ground floor greets you with a hallway that leads off to the front lounge and kitchen/diner to the rear.
The reception rooms has been decorated with a modern taste - making the property perfect for those looking for a home which is ready to move into.
Access into the garden is via the new patio doors in the kitchen/diner, and is of a size that is well-proportioned to the living space provided by this home.
The first floor is definitely one of the key features of the house as this style of property boats two more than generous double bedrooms.
The fantastic size of the build offers scope to convert the excellent loft space available, whilst still retaining plenty of bedroom space in either room.
The location of the home is also a key factor as access to Leagrave Station which provides a useful transport link to London King's Cross Station is approximately 15mins walking distance.
The home is close to a variety of ammenities and not to mention a number of highly rated schools, namely the ever popular Icknield High and Primary School.
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
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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 173, Gardenia Avenue, Bedfordshire
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