LU2 house prices & rental yield

Postcode district in the LU postcode area

Likely student area · 1.8km from University of Bedfordshire

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Looking for a property valuation in LU2? The average asking price above is a guide for the area as a whole, not a valuation of your specific property — a local estate agent or RICS surveyor can give you an accurate figure for that.

Average asking price
£330k
UK avg £340k
Average rent (pcm)
£1,300
UK avg £1,275
Gross rental yield
4.7%
5% above UK avg
Net yield (estimated)
3.5%
assumes ~25% costs, excl. mortgage
Crimes reported (2026-08)
354
244% above UK avg
Short-term let activity (Luton)
#149 of 318

Summary

LU2 has a gross rental yield of 4.7%, 5% above the UK average, ranking #3 of 7 LU postcode districts by yield.

Gross yield trend

+0.1pp since Jul
Jul: 4.9% 4.9% Jul Aug: 5.0% 5.0% Aug Sep: 5.2% 5.2% Sep Oct: 4.9% 4.9% Oct

Buy-to-let calculator

Stamp Duty (SDLT)—
Deposit required—
Mortgage payment (monthly)—
Letting agent fee (monthly)—
Est. net monthly cashflow—

Estimate only, for England/Northern Ireland SDLT rates. Assumes an interest-only mortgage and doesn't account for insurance, maintenance, voids, or other running costs. Not financial advice.

LU2 by bedroom count

BedroomsAvg buyAvg rentYieldSampled
Studio £175k £975 6.7% 5 / 25
1 £150k £1,175 9.4% 71 / 72
2 £228k £1,450 7.6% 108 / 64
3 £375k £1,650 5.3% 126 / 27
4 £500k £2,050 4.9% 77 / 12
5+ £550k £2,275 5.0% 34 / 8

Nearby LU postcode districts, by yield

DistrictAvg buyAvg rentYield
LU5 £355k £1,500 5.1% Compare
LU3 £350k £1,400 4.8% Compare
LU1 £269k £1,025 4.6% Compare
LU4 £325k £1,200 4.4% Compare
LU7 £400k £1,350 4.0% Compare
LU6 £400k £1,300 3.9% Compare
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