5-bedroom house · LU3 1RH
Listing removedListed 80 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the ever-popular Leagrave Road in the sought-after LU3 area of Luton, this substantial five-bedroom semi-detached home presents a fantastic opportunity for both owner-occupiers and investors alike.
Fully HMO licensed, the property is currently configured as a five-bedroom home but offers the flexibility to operate as a six-bedroom HMO, with one of the ground floor reception rooms easily serving as an additional bedroom if desired.
The property has been tastefully refurbished in recent years, benefiting from a modern electric installation and new heating system, providing peace of mind for any prospective purchaser.
The ground floor offers versatile accommodation comprising two spacious reception rooms, one of which could be utilised as a sixth bedroom, alongside an extended fitted kitchen with ample space for dining and everyday living.
The first floor features three well-proportioned bedrooms, including an impressive bay-fronted principal bedroom, together with a modern family bathroom.
A thoughtfully converted loft provides two further bedrooms and an additional bathroom, making this an ideal layout for larger families or HMO use.
Externally, the property enjoys a generous rear garden backing directly onto the park, offering a pleasant outlook and excellent privacy.
To the rear of the garden is a detached garage, while the front provides a driveway with off-road parking for two vehicles.
Offering exceptional flexibility as either a spacious family home or an income-generating investment, this is a rare opportunity in one of Luton's most desirable residential locations.
Notice Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items.
All measurements are approximate and photographs provided for guidance only.
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
Agent & docs
FAQ
About 472, Leagrave Road, Luton
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