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See how verdicts work3-bedroom house · LU4 8SG
Listing removedListed 177 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Chain-free | close to M1 | excellent schools | newly decorated Situated on Leicester Road in the popular Challney area, this well presented three bedroom townhouse offers spacious and versatile accommodation arranged over three floors and is ready to move straight into.
Recently redecorated with new carpets, flooring and freshtly painted walls - this modernised property is ideal for families or buyers seeking a flexible home with clear potential to grow.
The ground floor is thoughtfully laid out, beginning with a welcoming hallway that sets the tone for the rest of the house.
From here there is access to a convenient downstairs WC, along with an internal door leading directly into the garage, making it ideal for conversion subject to planning permission.
The kitchen diner spans across the rear of the property, providing an excellent sociable space with ample room for dining and everyday family life, and direct access out to the rear garden.
On the first floor there is a spacious lounge and a well proportioned bedroom - both served by a modern family bathroom, offering comfortable accommodation for children, guests or home working.
The second floor is dedicated to two bedrooms including the master bedroom, which benefits from its own en suite.
Externally, the property enjoys a driveway and garage providing off road parking and storage.
The garage offers excellent potential to be converted into a lounge or additional bedroom, which would instantly transform the property into a four bedroom home.
To the rear is a good size, easy to maintain garden, ideal for outdoor dining, entertaining or relaxing without the need for extensive upkeep.
Leicester Road is well located within the LU4 area and offers excellent access to a wide range of local amenities.
Nearby shops, supermarkets and the Hatters Way Retail Park cater for everyday needs, while Luton town centre provides more extensive retail and leisure facilities.
The area is well regarded for schooling, with several popular and Ofsted rated Outstanding primary and secondary schools close by, making it a practical choice for families.
For commuters, transport links are a key benefit.
Leagrave station is easily accessible and provides regular Thameslink services into London, while road users benefit from convenient access to the M1 motorway.
Local bus routes also run nearby, offering good connections across Luton and the surrounding areas.
With its modern presentation, clever layout, strong potential for reconfiguration and a location that combines residential appeal with excellent amenities and transport links, this property represents a fantastic opportunity to secure a long term home in a highly convenient part of Leagrave.
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
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FAQ
About 87, Leicester Road, Bedfordshire
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