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Derby Road, Hoddesdon

London

£800,000
Listed on 25/03/2025

Property Details

Bedrooms
4
Type
Detached House
Area
1463 sqft

Description

This four-bedroom detached home, situated in a well-regarded location, offers substantial possibilities for renovation and modern enhancements. Accessed via a secure gated entrance, the property includes a spacious double-width carport that holds potential for conversion into a garage, pending planning approval. Inside, the layout is practical for contemporary living, featuring an adaptable room that could serve as a home office or salon to cater to modern needs, alongside a conveniently located cloakroom on the ground floor. The kitchen is functional and designed for ease of use but could benefit from updates to maximize its appeal. A well-sized bathroom further complements the living space. Outside, the beautifully maintained rear garden encompasses a heated swimming pool, presenting an excellent backdrop for both relaxation and entertaining guests. With scope for extensions at the rear (subject to requisite consents), this property is an exceptional opportunity for those looking to invest in their long-term residence or tailor their living space to personal specifications.

Investment Analysis

(EN11 area)

Above Market Value

This property is priced +26.5% above area average per sq ft

+26.5%
This Property
£547/sq ft
Area Average
£432/sq ft
Avg Rent (weekly)
£336
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£695,459
10% above area average per sq ft
Potential ROI
-19.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (EN11)

Area prices are falling by -3.3% over the last 12 months
3 year growth: -8.6%
5 year growth: +6.0%
Investment Disclaimer: Analysis based on EN11 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Derby Road, Hoddesdon
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,833
Based on a loan of £600,000 over 30 years at 3.91% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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