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5 bed house for sale Ramridge Road, Luton, LU2

Guide Price

£350,000

Reduced on 25/09/2026

Type: Terraced
Bedrooms: 5
Tenure: Freehold

About this property

GUIDE PRICE £350,000 to £375,000

EXCEPTIONAL INVESTMENT OPPORTUNITY - Deceptively Spacious HMO in Historic Round Green, Luton.

Discover a remarkable investment property located in one of Luton's oldest neighbourhoods, Round Green, dating back to the 11th century. This traditional multi-occupancy home has been a successful House in Multiple Occupation (HMO) for many years, generating superb income and offering an exceptional opportunity for investors.

Floorplan

Council tax

Ask agent

Per year

Band A

£1,627
Band B

£1,898
Band C

£2,169
Band D

£2,440
Band E

£2,982
Band F

£3,524
Band G

£4,067
Band H

£4,880

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Luton, 2026/27 bills run from £1,627 a year in band A to £4,880 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Luton, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Price guide

34 comparables · within 3 miles

Cheaper than 97% of the 5+ bed houses for sale nearby right now.

This home, £350,000 Median £537,500 · £383,000 – £1,080,000

Compared with 34 5+ bed houses for sale within 3 miles, on the market now or already under offer. The range is the middle 80% of their asking prices.

Location

Ramridge Road, Luton, LU2

Open map Street View

Mortgage and stamp duty

Property price £350,000

£175k £525k

Deposit10% £35,000

£0 £350k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £315,000 mortgage. Most lenders would want a household income of about £70,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
23, Ramridge Road Terraced	Terraced	Nov 2025	646 sq ft £403/sq ft	646 sq ft	£403	£260,000
18, Ramridge Road Terraced	Terraced	Jul 2025	721 sq ft £356/sq ft	721 sq ft	£356	£256,500
59, Ramridge Road Terraced	Terraced	May 2025	n/a	n/a	n/a	£150,000
40a, Ramridge Road Flat / maisonette	Flat / maisonette	Jan 2025	463 sq ft £356/sq ft	463 sq ft	£356	£165,000
18, Ramridge Road Terraced	Terraced	Nov 2022	721 sq ft £356/sq ft	721 sq ft	£356	£257,000
1, Ramridge Road Terraced	Terraced	Sept 2022	1,066 sq ft £282/sq ft	1,066 sq ft	£282	£300,000
23, Ramridge Road Terraced	Terraced	May 2022	646 sq ft £372/sq ft	646 sq ft	£372	£240,500
45, Ramridge Road Terraced	Terraced	Feb 2022	797 sq ft £295/sq ft	797 sq ft	£295	£235,000