3-bedroom bungalow · LU2 7NL
Listing removedListed 271 days
Opportunity summary
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About
*STUNNING DETACHED HOME SITUATED ON A HUGE PLOT WITH POTENTIAL TO EXTEND/DEVELOP STPP* INDIGO RESIDENTIAL are delighted to be marketing this fantastic detached home boasting large rooms, ensuite added conservatory and vaulted ceilings situated on a huge plot with potential to develop.
DESCRIPTION: This exceptionally spacious and versatile property has been refurbished to an outstanding standard throughout, offering well balanced accommodation ideally suited to modern family living.
The accommodation opens into a generous lounge/dining room, leading through to a high quality fitted kitchen featuring stylish contemporary units, complementary work surfaces, an integrated Butler sink and space for a range cooker.
Adjoining the kitchen is a substantial family dining area, which also lends itself perfectly to use as an additional sitting room providing excellent flexibility.
The remainder of the accommodation comprises three well-proportioned double bedrooms, including a principal bedroom with an en-suite shower room, along with a family conservatory benefiting from underfloor heating.
Externally, the garden is a particular highlight. Thoughtfully arranged and well-proportioned, it features a spacious patio area ideal for outdoor entertaining, together with a generous lawned garden.
The size of the plot also presents further potential for extension, subject to the usual planning consents.
The property occupies a generous plot within a quiet and highly desirable cul-de-sac in the sought-after Round Green area.
Stopsley Village is conveniently located nearby, offering a range of local shops and amenities.
Public transport links are readily accessible, with regular bus services providing routes to both town centres, neighbouring villages, Hitchin, and the mainline railway station with direct services into London.
Additional benefits include porcelain tiled flooring with marble effect finishes in selected areas, engineered wood flooring to all bedrooms, Hive smart heating with remote control capability, and a conveniently positioned boiler housed within a double cupboard opposite the bathroom, which also accommodates the washing machine.
EPC RATING : D COUNCIL TAX BAND : D Entrance Hall Lounge/Diner 30' 9'' x 18' 11'' (9.4m x 5.78m) Kitchen 11' 5'' x 10' 3'' (3.5m x 3.14m) Bedroom One 14' 3'' x 10' 2'' (4.36m x 3.1m) Ensuite Shower Room Bedroom Two 12' 11'' x 10' 8'' (3.95m x 3.26m) Bedroom Three 10' 11'' x 9' 3'' (3.35m x 2.82m) Bathroom Conservatory 13' 6'' x 9' 3'' (4.12m x 2.82m) Large Rear Garden Large Driveway
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
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FAQ
About Preston Gardens, Round Green, Luton, Bedfordshire, LU2 7NL
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