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4 Bed Detached House For Sale The Magpies, Luton, LU2

£550,000- Detached

Yield: 3%
1 of 15
Yield: 3%
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  • Rental Guide: £1,100 - £1,380
  • 4 Bedroom(s)
  • Description
  • Street View
  • Maps

Key Features

  • Unique 4 Bedroom Detached House
  • Located In The Popular Bushmead Area
  • Outstanding Extended Kitchen
  • Ensuite To The Master Bedroom
  • Double Garage
  • Good Sized Garden
  • Split Level Layout
Last Updated: 25th March 2020

Description

An absolutely unique detached residence that has to be viewed to be truly appreciated. Thoughtfully improved by the current owners, the property features split level accommodation with a beautifully appointed kitchen/dining/family room that has been extensively refitted, add to this an equally sumptuous master bedroom en suite, family bathroom and ground floor cloak room. Viewing is the only way to appreciate its true quality. Bushmead is an ideal location with renowned schools and all essential amenities all being within easy reach with Warden Hills open country space within a five-hundred-metre walk. The accommodation comprises entrance porch, study, dining room, spilt level lounge, spilt level kitchen dining room, cloak room to the first floor. Master bedroom with ensuite, three further well-proportioned bedrooms, re fitted family bathroom, double width garage, gardens to front, side and rear. To view telephone[use Contact Agent Button]

Nearby Stations

  • Leagrave Rail Station (1.8 miles away)
  • Luton Rail Station (2 miles away)
  • Luton Airport Parkway Rail Station (2.8 miles away)
  • Harlington (Beds) Rail Station (4.9 miles away)

Nearby Schools

  • Bushmead Primary School (0.4 miles away)
  • Icknield High School (0.5 miles away)
  • Luton Sixth Form College (0.5 miles away)
  • Warden Hill Infant School (0.6 miles away)
  • Warden Hill Junior School (0.6 miles away)
Agent Details
Giggs & Bell
110 Butterfield Great Marlings, Luton, LU2 8DL
Show Contact Number
01582 958 070

Forecast Score

Based on our analysis this property has been scored as:

Data Classified: Fully Classified
2.5

Forecast Report

Our predictive algorithms and data analysts; scan, compare and rank properties by future gains and current returns; helping you pick the perfect investment at a glance.

The following influencers contribute to our score:
  • Historical Data
  • Interest Rates
  • Mortgage Availability
  • Fiscal Policy
  • Recent Sold Prices
  • Housing Demand
  • Benchmarking Performance Against Other Asset Classes

Comparison with local sold prices

There is a lack of data to forecast this property with regards in comparison with local sold prices.
0

Profitability

There is a lack of data to forecast this property with regards of profitability.
0

Interest Rates

Bank of England Base Rate:
0.1%
Lower interest rates mean lower mortgage payments and makes property more affordable historically in times of low interest rate property prices tend to increase.
10

Mortgage Availability

Good mortgage availability causes property prices to increase as people can get mortgages and buy property.
5

Fiscal Policy

Due to recent economic uncertainty the government has adjusted their spending levels and lowered tax rate. Pumping money into the economy and its central bank in order to increase money supply.
6.9

Comparison with other investment alternatives

Investing in this property will give you a higher return when compared to other alternative investments.
3

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

One&Only Pro are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Rental Data
4 Bedroom properties in “LU2” are mostly listed between £1,100 - £1,380. There is limited data on listings in proximity to this property.

These figures should only be used as a guide, always get a rental assessment from a professional.
This is the potential achievable yield.
Potential Return-on-Cash Invested