Urban & Rural Property Services says ..

Property Oracle says ..

The property is a semi-detached house located on Reginald Street in Luton, Bedfordshire. It has three bedrooms and one bathroom, with a total area of 966.60 square feet. The list price is £275,000. The property is in need of significant renovation. The images show worn carpets, damaged walls, and outdated fixtures. This will add substantially to the overall cost of purchase. The location is close to Luton town centre and benefits from relatively easy access to transport links, including Luton railway station which is approximately 0.56km away. There are also several schools within a reasonable distance, including St Matthew’s Primary School (0.65km) and Richmond Hill School (0.70km). However, the immediate surroundings appear somewhat run-down based on the external photos. The plot size is listed as 0.00 sqft, indicating a very small or non-existent garden. This is a significant drawback for many buyers. Considering the average price per square foot in the area is £276, and the property requires substantial renovation, the list price of £275,000 appears to be on the higher end of what might be considered reasonable. While the location offers proximity to amenities and transport, the condition of the property and lack of land significantly detract from its value. Similar properties in the area have sold for significantly less, suggesting the asking price may be optimistic.

Therefore, we give this property 3 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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