3 Bed Terraced House, Potential PLO/LOA, Luton, LU2 0NF, £210,000

27 Edward Street, Luton, LU2 0NF - 10 months ago

Sold STC
Auction
Negative Equity
ROI: 8%
85 m²
+9 photos

ValuationUndervalued

Sold Prices£152K - £415K
Sold Prices/m²£1.5K/m² - £3.9K/m²

 

 

Square Metres

85 m²
Price/m²£2.5K/m²

Value Estimate

£256,200
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£52,500

Stamp Duty & Legal Fees

£7,500

Total Cash In

£60,000

 

 

Cash Out

 

Rent Range

£1,275 - £3,600

Rent Estimate

£1,350

Running Costs/mo

£946

Cashflow/mo

£404

Cashflow/yr

£4,845

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £152K to £415K, average is £280K. £1.5K/m² to £3.9K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£215K10/210.04 mi82, Cobden Street, Luton LU2 0NG3
£230K08/210.1 mi8, Jubilee Street, Luton LU2 0EA3
£285K09/230.11 mi66, Ridgway Road, Luton LU2 7RR3
£207.5K10/230.11 mi19, Ridgway Road, Luton LU2 7RP3
£230K08/210.12 mi8, Jubilee Street, Luton LU2 0EA3
£290K03/210.17 mi30, Kingston Road, Luton LU2 7SA3
£310K01/240.17 mi52, Kingston Road, Luton LU2 7SA3
£285K09/230.18 mi244, High Town Road, Luton LU2 0DN3
£310K03/230.18 mi87, Butterworth Path, Luton LU2 0TR3
£322K08/230.22 mi73, Pomfret Avenue, Luton LU2 0JJ3
£246.6K11/200.23 mi112, Reginald Street, Luton LU2 7RB3
£257K02/210.23 mi74, Reginald Street, Luton LU2 7RB3
£265K05/230.24 mi246, Hitchin Road, Luton LU2 0EU3
£280K09/230.24 mi292, Hitchin Road, Luton LU2 0EU3
£268K04/230.24 mi25, William Street, Luton LU2 7RF3
£240K03/210.25 mi23, Richmond Hill, Luton LU2 7JG3
£415K11/230.26 mi52, Havelock Road, Luton LU2 7PR3
£345K11/210.27 mi85, Clarendon Road, Luton LU2 7PJ3
£292K06/210.27 mi95, Clarendon Road, Luton LU2 7PJ3
£250K12/220.28 mi53, Frederick Street, Luton LU2 7QW3
£170K06/230.3 mi22, Frederick Street, Luton LU2 7QS3
£262K03/210.31 mi183, Hart Lane, Luton LU2 0JH3
£280K08/230.31 mi37, Dorel Close, Luton LU2 7JH3
£263K03/210.31 mi21, Colin Road, Luton LU2 7RU3
£340K03/230.31 mi14, Sunridge Avenue, Luton LU2 7JL3
£267K06/210.31 mi18, Sunridge Avenue, Luton LU2 7JL3
£350K02/230.31 mi38, Sunridge Avenue, Luton LU2 7JL3
£277.5K12/230.31 mi4, Sunridge Avenue, Luton LU2 7JL3
£300K11/230.32 mi42, Colin Road, Luton LU2 7RX3
£385K06/210.32 mi58, Colin Road, Luton LU2 7RX3
£315K10/230.32 mi70, Colin Road, Luton LU2 7RX3
£245K05/210.32 mi30a, Colin Road, Luton LU2 7RX3
£283K01/210.34 mi27, Woodbury Hill, Luton LU2 7JP3
£365K01/230.35 mi136, Hart Lane, Luton LU2 0JG3
£255K10/200.35 mi96, Hart Lane, Luton LU2 0JG3
£285.5K11/210.35 mi8, Preston Gardens, Luton LU2 7NL3
£263K03/210.35 mi16, Preston Gardens, Luton LU2 7NL3
£326K12/220.35 mi1, Preston Gardens, Luton LU2 7NL3
£310K01/210.35 mi91, Richmond Hill, Luton LU2 7JQ3
£245K03/210.36 mi11, Kenneth Road, Luton LU2 0LE3
£290.5K02/210.36 mi36, Kenneth Road, Luton LU2 0LE3
£330K01/230.37 mi87, Talbot Road, Luton LU2 7RN3
£276K09/230.38 mi48, Abbots Wood Road, Luton LU2 0LT3
£260K10/230.4 mi57, Derwent Road, Luton LU2 0JT3
£347K08/210.41 mi124, Old Bedford Road, Luton LU2 7HH3
£152K02/210.41 mi14, Mountfield Road, Luton LU2 7JN3
£280K03/210.42 mi63, Stockingstone Road, Luton LU2 7ND3
£290K12/230.43 mi57, Brooms Road, Luton LU2 0JR3
£260K12/210.44 mi11, Hart Lane, Luton LU2 0JF3
£285K12/230.44 mi19, Hart Lane, Luton LU2 0JF3

Local Rents

51 rents from £1.3K/mo to £3.6K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,40012/240.02 miHigh Town Road, LUTON3
£1,50012/240.13 mi-3
£1,50012/240.13 miRidgway Road, Luton, LU23
£1,50012/240.13 mi-3
£1,80012/240.2 mi-3
£1,40012/240.2 miFrederick Street, Luton, Bedfordshire, LU23
£1,40012/240.2 miFrederick Street, Luton, Bedfordshire, LU23
£1,65012/240.2 mi-3
£1,37505/240.21 miKingston Road, Luton3
£1,65012/240.22 mi-3
£1,42505/240.22 miTreetop Close, LUTON3
£1,40011/230.24 miHitchin Road, Luton3
£1,45012/240.24 miHartley Road, LUTON3
£1,40012/240.24 miHartley Road Luton LU2 0HX3
£1,60012/240.25 miRichmond Hill, Luton, Bedfordshire, LU2 7JG3
£1,42505/240.26 miTreetop Close, Luton, Bedfordshire, LU23
£3,50012/240.26 mi-3
£1,60001/250.28 mi-3
£3,54001/250.28 mi-3
£1,80001/250.29 mi-3
£1,50012/240.31 mi-3
£1,57505/240.33 miThe Wickets, Luton, Bedfordshire, LU23
£1,50005/240.35 miHart Lane, Luton LU2 0JG3
£1,45005/240.35 miWoodbury Hill, Luton, LU2 7JP3
£1,65005/240.35 miRichmond Hill, LUTON3
£1,35012/240.36 miTalbot Road, Luton, Bedfordshire, LU2 7RW3
£1,27511/230.36 miHitchin Road, Luton, Bedfordshire, LU23
£1,45012/240.38 miTalbot Road, Luton, Bedfordshire3
£1,55012/240.39 mi-3
£1,55012/240.39 mi-3
£1,55005/240.39 miColin Road, Luton, LU23
£1,80012/240.43 miWardown Crescent, Luton3
£1,62505/240.44 mi-3
£1,62505/240.44 miGuildford Street, Luton, LU13
£1,89501/250.45 mi-3
£1,52502/240.45 mi-3
£1,35012/240.46 miKnights Field, LUTON3
£1,55012/240.48 mi-3
£1,35005/240.48 miAlbany Grove, Hart Hill Lane3
£1,52505/240.5 miAbbots Wood Road, Luton, Bedfordshire, LU2 0LU3
£3,60002/240.51 mi-3
£1,60001/250.52 mi-3
£1,60001/250.52 mi-3
£2,25012/240.52 mi-3
£1,65005/240.52 miFlat , - John Street, Luton3
£1,40001/250.52 mi-3
£1,40001/250.52 mi-3
£1,60005/240.54 miWardown Crescent Luton LU2 7JT3
£1,85011/230.58 miStanford Road, Luton, Bedfordshire, LU23
£1,65012/240.58 miStanford Road - 3 bedroom House - LU2 0PZ3
£1,80012/240.59 mi-3

Local Area Statistics

Population in LU2

56,481

Population in Luton

212,905

Town centre distance

0.61 miles away

Nearest school

0.10 miles away

Nearest train station

0.38 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+27%

Sales demand

Balanced market

Capital growth (5yrs)

+20%

Property History

Listed for £210,000

-18%

March 14, 2024

Sold for £248,500

2017

Sold for £131,600

2003

Floor Plans

Description

  • Sold By Modern Method of Auction +
  • Chain Free +
  • Three Bedrooms +
  • Mid Terrace +
  • Porch +
  • Ensuite Shower Room +
  • High Town +

CHAIN FREE

Taylors are delighted to introduce this excellent three bedroom mid terrace house located in the High Town area of Luton. An excellent location for easy access to the Luton Train Station and the Town Centre.

The property briefly comprises entrance porch, open plan lounge/diner and refitted kitchen downstairs whilst upstairs provides master bedroom with ensuite shower room, two further bedrooms and a bathroom. Further features include a rear garden.

An ideal purchase for any first time buyers or investors that are looking to add their own touches to a property.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

Agent Details

Taylors Estate Agents, Luton

01582 377982

Next Steps?

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