Summary - 5 COWPER STREET LUTON LU1 3RY
2 bed 1 bath Terraced
Period terrace with strong rental potential and clear renovation scope.
Two double bedrooms and two reception rooms, period features intact
Requires full modernisation throughout; dated decor and fixtures
Visible damp and mould reported in living room — remedial works needed
Large first-floor bathroom; potential to relocate downstairs for extra bedroom
Courtyard garden with rear access; small plot size
Freehold tenure; overall size c. 832 sq ft (average)
Walking distance to town centre, train lines; easy M1 access
Estimated post-renovation rent about £1,300 pcm
This Victorian two-bedroom terraced house in South Luton offers clear scope for value uplift through refurbishment. The property is freehold, arranged over two storeys with two reception rooms, a kitchen opening to a courtyard garden with rear access, and a large first-floor bathroom. At approximately 832 sq ft, rooms are average-sized and retain period character such as a Victorian fireplace.
The house requires full modernisation throughout — dated decor, visible damp and mould in the living room, and general renovation works are needed. These factors reduce move-in readiness but create an opportunity for a hands-on buyer or investor to add their own specification. There is potential to reconfigure the layout (for example, move the bathroom downstairs) to increase rental or resale value.
Location is a practical strength: walking distance to the town centre and train lines, easy access to M1 junction 10, and proximity to Stockwood Country Park. Fast broadband and excellent mobile signal suit tenants and professionals. Local area shows higher deprivation statistics, and the wider neighbourhood comprises terraces and flats with a young, ethnically diverse community — factors to consider for long-term rental demand and resale strategy.
For investors the updated rental estimate is around £1,300 pcm after works are completed. For a first-time buyer prepared to renovate, this offers a chance to create a comfortable, characterful home in a well-connected part of Luton.
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