The list price of £100,000 for a plot of this size in Luton, considering nearby property sales and development potential (STPP), could be considered reasonable, although more specific details about the plot’s dimensions and allowed development are needed for a definitive valuation. While the price is low, it must be kept in mind that the plot is vacant and would require further investment for development.

Based on the photos, the existing structures (sheds) appear to be in a fair to average condition, showing signs of age and potential need for maintenance or repair. There is no dwelling house present, therefore no assessment can be made. The land itself seems reasonably well maintained, but overall condition needs further clarification through an on-site inspection.

The property benefits from its proximity to several good schools, including Warden Hill Junior School and Icknield High School, both rated ‘Good’ by Ofsted. The area also has relatively easy access to Leagrave train station, providing a commuter link. While not directly in the city center, the location appears relatively quiet and residential, which some buyers may find appealing. However, the lack of immediate amenities necessitates a car for most errands.

The property boasts a substantial plot of land, as evidenced by the aerial and ground photos. The size suggests significant potential for development (subject to planning permission), which adds considerable value. The presence of existing sheds indicates prior use of the land, further increasing its suitability for development.