4-bedroom semi-detached house · LU3 2TE
Sold STCListed 96 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
URBAN & RURAL LEAGRAVE | EXTENDED FOUR-BEDROOM FAMILY HOME | DOUBLE-LENGTH GARAGE | SOUTH-FACING GARDEN | FURTHER EXTENSION POTENTIAL (STPP) Occupying a desirable position within the ever-popular Limbury Mead development, this extended four-bedroom semi-detached home offers generous and versatile accommodation, making it an excellent choice for growing families seeking space, practicality and future potential.
The property welcomes you with an entrance porch leading into a spacious hallway with stairs rising to the first floor.
The well-proportioned lounge provides a comfortable setting for everyday living and is enhanced by an attractive feature electric fireplace.
To the rear, the impressive refitted kitchen/dining room has been thoughtfully designed to create the heart of the home, featuring a range of modern units, integrated hob, oven and fridge, along with ample space for family dining and entertaining.
A fire door provides convenient internal access to the garage.
The first floor continues to impress with a spacious dual-aspect principal bedroom measuring approximately 24ft, flooded with natural light and offering ample space for additional furniture or a dressing area.
There are two further generous double bedrooms, including one with fitted wardrobes, a well-proportioned single bedroom, and a contemporary three-piece family bathroom.
The landing also benefits from loft access and a useful built-in storage cupboard.
Externally, the property enjoys excellent kerb appeal with a neatly maintained front garden and driveway providing ample off-road parking.
The double-length garage is a standout feature, complete with power, lighting and an inspection pit, making it ideal for secure parking, workshop space or additional storage.
To the rear, the beautifully landscaped south-facing garden provides a private and sunny outdoor retreat, perfect for relaxing, entertaining and family life.
Furthermore, the generous plot offers exciting scope for further enlargement, subject to the necessary planning permissions. EPC Rating: TBC
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 Watermead Road, Luton, Bedfordshire, LU3
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