T Ash International Realty says ..

Property Oracle says ..

The property is a 4-bedroom semi-detached house located on Grantham Road in Luton, Bedfordshire. It has a list price of £400,000, and a plot size of 1,132.36 sqft. The property is situated within a reasonable distance of several schools, including Denbigh Primary School which has an outstanding Ofsted rating. Public transportation links are also relatively close by, with Leagrave train station approximately 2.70 KM away.

The property appears to be in generally good condition, although some aspects of the decor may be considered dated. The kitchen has recently been modernised with contemporary units and worktops. The bathroom, however, looks slightly tired and could benefit from some updating. The garden is relatively small but offers some outdoor space. A shed is also present in the garden.

Considering the average house price in the area is £279,788 and the average price per sqft is £309, the list price of £400,000 for this 931.72 sqft property seems slightly on the higher side. However, the property benefits from having four bedrooms, which is more than the average number of bedrooms in the area. Nearby comparable properties on Grantham Road have sold for prices ranging from £179,000 to £525,000, indicating a wide range of values in the immediate vicinity. The lack of sqft data for these comparable properties limits a more precise price comparison. The property presents a reasonable investment opportunity, but potential buyers should carefully consider the asking price in relation to the condition and size of the property and the current market conditions.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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