New Bedford Road, Luton
VE

New Bedford Road, Luton

By Venture Residential

£ 450,000

Reviews

2 out of 5 stars

Venture Residential says ..

Venture Commercial is delighted to present 11 New Bedford Road a versatile mixed-use property perfect for business owner-occupiers and investors alike. The ground floor features a spacious Class E commercial unit, while the first floor houses two self-contained studio apartments (Class C3). This pro

Property Oracle says ..

This property on New Bedford Road, Luton, is a mixed-use building currently operating as a hair salon on the ground floor and offering residential accommodation above. The ground floor salon appears modern and well-maintained, with high-quality fittings and decor. The residential units show adequately maintained spaces; however, a detailed assessment requires more property-specific information, including the exact size of the residential areas and their features. The location benefits from proximity to Luton train station and various local amenities, including schools, and the presence of nearby transport links suggests good connectivity. However, the lack of square footage data for both commercial and residential areas makes it impossible to give a full assessment of value for money. Furthermore, the surrounding area is not fully clarified, preventing an accurate judgement of its overall character. More information is needed to offer a completely objective analysis; however, the current condition of the hair salon and the potential rental yield are key factors that need to be considered for a complete valuation. The lack of information regarding plot size and the property’s square footage represents a major drawback to a proper assessment of the property. Comparative analysis with similar properties in the area would be significantly aided by accurate property details such as this.

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
7
Location
6
Land
1
Bedrooms
2
Bathrooms
2

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
279,877.00 £
Decreased by 1.23 %
from 283,358.00 £
Average area rental value
1,053.00 £/mo
Decreased by 7.39 %
from 1,137.00 £/mo
Est rental Yield
4.51 %
Decreased by 6.43 %
from 4.82 %
Crime Rate
15.00 %
Unchanged by 0.00 %
from 15.00 %

Agent Activity

  • Venture Residential created the listing.

Nearby Schools

NameTypeOfstedDistance
Rothesay Nursery & Children'S CentreChildren's Centre Linked Site0.73 KM
Rothesay Nursery SchoolLocal Authority Nursery SchoolGood0.74 KM
Flying Start South @ The MallChildren's Centre Linked Site0.75 KM
Chapel StChildren's Centre Linked Site0.79 KM
Chapel Street Nursery SchoolLocal Authority Nursery SchoolGood0.80 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
St. George's Square £ 000.00 KM
Peel Street £ 125,00000.00 KM
The Mount £ 000.00 KM
Bedford Gardens £ 000.00 KM
Albion Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Luton1536LUT0.54 KM
Luton Airport Parkway3645LTN2.74 KM
Leagrave1534LEA5.11 KM

Nearby Listings

AddressPriceTypeScoreDistance
Cresta House, Alma Street, Luton, Bedfordshire, LU1 2ES £ 250,000BUY7 / 100.05 KM
Cresta House, Alma Street, Luton, LU1 £ 160,000BUY8 / 100.05 KM
Alma Street, Luton £ 250,000BUYUnknown0.05 KM
Cresta House, Alma Street, Luton, LU1 £ 200,000BUY6 / 100.05 KM
Gordon Street, Luton, Bedfordshire, LU1 2QP £ 95,000BUY5 / 100.11 KM

Nearby Properties

AddressPriceDistance
18 Inkerman Street £ 75,0000.12 KM
30 Inkerman Street £ 33,8920.12 KM
42 Inkerman Street £ 110,0000.12 KM
50 Inkerman Street £ 113,0000.12 KM
10a Gordon Street £ 91,0000.12 KM