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West Street, Lilley, Hertfordshire, LU2 - Image 1
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West Street, Lilley, Hertfordshire, LU2 - Image 5

West Street, Lilley, Hertfordshire, LU2

East of England

£750,000
Listed on 20/09/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1853 sqft

Description

This detached four-bedroom cottage, steeped in history and set in the heart of Lilley, presents an intriguing opportunity for renovation and investment. With roots tracing back to the 17th century, this unique property has been cherished by the same family for four decades and retains distinctive features such as the family crest adorning its façade. The spacious layout encompasses approximately 1,853 sq. ft., featuring three reception rooms, a kitchen, a utility room, and a convenient ground-floor bedroom with an adjoining wet room. On the upper level, you will find three additional bedrooms and a family bathroom. A significant draw is the enclosed south-westerly facing garden which includes a paved patio area leading to lawns embellished with mature trees and shrubs, all backing onto picturesque countryside. The property also benefits from ample parking options, including a gravel driveway accommodating up to five cars and a triple garage equipped with electric doors and an inspection pit. This home requires modernisation throughout but offers significant potential to create a personalised space while preserving its historical charm.

Investment Analysis

(LU2 area)

Above Market Value

This property is priced +9.3% above area average per sq ft

+9.3%
This Property
£405/sq ft
Area Average
£370/sq ft
Avg Rent (weekly)
£298
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£754,782
10% above area average per sq ft
Potential ROI
-10.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (LU2)

Area prices are rising by +2.4% over the last 12 months
3 year growth: 8.8%
5 year growth: 21.4%
Investment Disclaimer: Analysis based on LU2 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

West Street, Lilley, Hertfordshire, LU2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,747
Based on a loan of £562,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE