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 %
- Average area rental value
- 1,053.00 £/moDecreased by 7.39 %
- Est rental Yield
- 4.51 %Decreased by 6.43 %
- Crime Rate
- 15.00 %Unchanged by 0.00 %
Agent Activity
Venture Residential created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Rothesay Nursery & Children'S Centre | Children's Centre Linked Site | 0.73 KM | |
| Rothesay Nursery School | Local Authority Nursery School | Good | 0.74 KM |
| Flying Start South @ The Mall | Children's Centre Linked Site | 0.75 KM | |
| Chapel St | Children's Centre Linked Site | 0.79 KM | |
| Chapel Street Nursery School | Local Authority Nursery School | Good | 0.80 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| St. George's Square | £ 0 | 0 | 0.00 KM |
| Peel Street | £ 125,000 | 0 | 0.00 KM |
| The Mount | £ 0 | 0 | 0.00 KM |
| Bedford Gardens | £ 0 | 0 | 0.00 KM |
| Albion Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Luton | 1536 | LUT | 0.54 KM |
| Luton Airport Parkway | 3645 | LTN | 2.74 KM |
| Leagrave | 1534 | LEA | 5.11 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Cresta House, Alma Street, Luton, Bedfordshire, LU1 2ES | £ 250,000 | BUY | 7 / 10 | 0.05 KM |
| Cresta House, Alma Street, Luton, LU1 | £ 160,000 | BUY | 8 / 10 | 0.05 KM |
| Alma Street, Luton | £ 250,000 | BUY | Unknown | 0.05 KM |
| Cresta House, Alma Street, Luton, LU1 | £ 200,000 | BUY | 6 / 10 | 0.05 KM |
| Gordon Street, Luton, Bedfordshire, LU1 2QP | £ 95,000 | BUY | 5 / 10 | 0.11 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 18 Inkerman Street | £ 75,000 | 0.12 KM |
| 30 Inkerman Street | £ 33,892 | 0.12 KM |
| 42 Inkerman Street | £ 110,000 | 0.12 KM |
| 50 Inkerman Street | £ 113,000 | 0.12 KM |
| 10a Gordon Street | £ 91,000 | 0.12 KM |