Halfway Avenue, Luton
PE

Halfway Avenue, Luton

By Penrose Estate Agents

£ 650,000

Reviews

3 out of 5 stars

Penrose Estate Agents says ..

This heavily extended semi detached property situated within a stones throw of Junction 11 of the M1 provides a superb opportunity for an investor. The property has been converted to create multiple units to incorporate; one large TWO

Property Oracle says ..

This seven-bedroom, six-bathroom property located on Halfway Avenue in Challney, Luton presents a compelling proposition for large families or those looking for a substantial home with potential for further development. The house benefits from its proximity to the M1 motorway, and to Leagrave train station, offering convenient commuting options. The property is close to several schools, including two highly rated secondary schools. The exterior is well-maintained and presents a solid and inviting image. The interior demonstrates a need for some modernization and updating, particularly in the kitchen and bathrooms, which could boost the property’s overall appeal and value. The garden, although not massive, provides a degree of outdoor space. While the price of £650,000 appears to be in line with other properties in the area, more comprehensive information on comparable local pricing and the property’s price per square foot is necessary to make a definitive judgment on the property’s market value. The property seems to offer significant value, but a comprehensive market analysis based on precise comparable properties is needed to truly assess the current worth. The current image provided does not give insight into the overall quality of the property and its interior; further high-quality photographs and a full floor plan could significantly aid potential buyers and increase the marketability of the property.

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

Price
7
Condition
6
Location
7
Land
4
Bedrooms
7
Bathrooms
6
Sqft (est)
3,199.03

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
312,500.00 £
Decreased by 8.00 %
from 339,685.00 £
Est sale value
1,218,830.43 £
Decreased by 2.31 %
from 1,247,621.70 £
Average area rental value
1,475.00 £/mo
Increased by 8.38 %
from 1,361.00 £/mo
Est letting value
3,199.03 £/mo
Unchanged by 0.00 %
from 3,199.03 £/mo
Est rental Yield
5.66 %
Increased by 17.67 %
from 4.81 %
Crime Rate
10.00 %
Unchanged by 0.00 %
from 10.00 %

Agent Activity

  • Penrose Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Challney High School For BoysAcademy Converter0.33 KM
Challney High School For GirlsAcademy ConverterOutstanding0.71 KM
Flying Start West @ Chaul EndChildren's Centre Linked Site0.80 KM
Al Hikmah Boys SchoolOther Independent School0.94 KM
Kings House MoorlandsOther Independent School0.95 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Cosgrove Way £ 525,00000.00 KM
Poets Mews £ 000.00 KM
Robin Close £ 000.00 KM
Clifford Crescent £ 212,00000.00 KM
Roman Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Leagrave1534LEA1.67 KM
Luton1536LUT5.88 KM
Luton Airport Parkway3645LTN8.09 KM
Harlington (Bedfordshire)1533HLN8.43 KM

Nearby Listings

AddressPriceTypeScoreDistance
Halfway Avenue, Luton £ 650,000BUY6 / 100.00 KM
Challney Close, Challney, Luton, Bedfordshire, LU4 9TF £ 415,000BUY7 / 100.18 KM
Belper Road, Luton, Bedfordshire, LU4 8RG £ 290,000BUY7 / 100.21 KM
Challney Close, Luton £ 425,000BUYUnknown0.21 KM
Simpson Close, Leagrave, Luton £ 290,000BUY6 / 100.23 KM

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AddressPriceDistance
609 Dunstable Road £ 101,0000.13 KM
591 Dunstable Road £ 181,0000.13 KM
601 Dunstable Road £ 249,9950.13 KM
613 Dunstable Road £ 378,0000.13 KM
597 Dunstable Road £ 407,5000.13 KM