Ridgway Road, Luton, Bedfordshire, LU2 7RS
PE

Ridgway Road, Luton, Bedfordshire, LU2 7RS

By Penrose Estate Agents

£ 230,000

Reviews

2 out of 5 stars

Penrose Estate Agents says ..

This two bedroom terrace property situated within the borders of Round Green and the High Town area of Luton would prove to be an ideal buy to let investment or first time purchase. The property is situated in a very convenient location being within walking distance of all of the amenities of Luton

Property Oracle says ..

This two-bedroom terraced house in Luton’s High Town offers a potentially attractive investment or first-time buyer opportunity. Its location is a key advantage, providing easy access to Luton town centre, amenities, and the train station with links to London. The property’s proximity to several schools is also convenient for families. However, potential buyers should consider Luton’s overall market and its range of property value. The property itself requires some updating and modernisation. The kitchen and bathroom appear dated, and some rooms show evidence of wear and tear that could deter potential buyers. The small rear garden, although present, is modest in size and unlikely to be a major selling point. The asking price is competitive with other similar properties on Ridgway Road, but a thorough survey and potentially some renovation costs should be factored into any purchase decision. Overall, the property presents a mixed bag – a convenient location coupled with some needed improvements and a modest-sized garden. A detailed survey and a comparison with other properties in Luton are essential before committing to a purchase.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
7
Land
3
Bedrooms
2
Bathrooms
1
Sqft (est)
719.03

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
186,429.00 £
Decreased by 29.14 %
from 263,088.00 £
Est sale value
154,591.45 £
Decreased by 45.98 %
from 286,173.94 £
Average area rental value
1,015.00 £/mo
Decreased by 9.62 %
from 1,123.00 £/mo
Est letting value
719.03 £/mo
Unchanged by 0.00 %
from 719.03 £/mo
Est rental Yield
6.53 %
Increased by 27.54 %
from 5.12 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Penrose Estate Agents marked this listing as sold.

  • Penrose Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Windmill Hill SchoolFree Schools Special0.53 KM
St Matthew'S Primary SchoolCommunity SchoolRequires improvement0.55 KM
Richmond Hill SchoolCommunity Special SchoolGood0.65 KM
Hart Hill Nursery SchoolLocal Authority Nursery SchoolGood0.83 KM
Flying Start South @ Hart Hill Nursery SchoolChildren's Centre Linked Site0.96 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Kingston Road £ 312,50000.00 KM
Richmond Court £ 160,00000.00 KM
Hart Lane £ 485,00000.00 KM
Cobden Street £ 000.00 KM
York Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Luton1536LUT1.10 KM
Luton Airport Parkway3645LTN2.14 KM
Leagrave1534LEA6.05 KM

Nearby Listings

AddressPriceTypeScoreDistance
Ridgway Road, Luton, Bedfordshire, LU2 7RS £ 230,000BUY5 / 100.00 KM
Ridgway Road, Luton, Bedfordshire, LU2 7RT £ 260,000BUY6 / 100.02 KM
Ridgway Road, Luton £ 280,000BUYUnknown0.06 KM
Chadwell Close, Luton, Bedfordshire, LU2 7SE £ 220,000BUY5 / 100.07 KM
Ridgway Road, Luton £ 285,000BUY6 / 100.10 KM

Nearby Properties

AddressPriceDistance
15 Chadwell Close £ 180,0000.06 KM
4 Chadwell Close £ 59,0000.06 KM
9 Chadwell Close £ 95,0000.06 KM
2 Chadwell Close £ 125,0000.06 KM
13 Chadwell Close £ 109,0000.06 KM