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Old North Road, Royston SG8 - Image 1
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Old North Road, Royston SG8

East of England

£550,000
Listed on 05/05/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1673 sqft

Description

This spacious four-bedroom detached home presents a unique opportunity for renovation and investment in the sought-after village of Bassingbourn. With ample living space and potential for modernization or extension (subject to planning permission), this property is an ideal canvas for those looking to add value or personalize their living environment. The property features multiple reception areas, including a generous lounge with a feature fireplace and bi-fold doors that seamlessly connect to a conservatory, offering an inviting atmosphere and a view of the garden. The kitchen, well-sized and functional, includes a range of base and wall units, integrated appliances, and provides access to a utility room that enhances practicality. The dining room adjacent to the kitchen offers flexibility for entertaining or family gatherings. On the first floor, you'll find four well-proportioned bedrooms, providing plenty of space for family or guests. The primary suite stands out with its large dressing area equipped with built-in wardrobes and an en-suite bathroom. The additional bedrooms share a family bathroom that is also spacious enough to accommodate various updates. Outside, the rear garden is sizable and enclosed, providing a private retreat ideal for social gatherings or personal relaxation. Its existing layout includes lawn areas, established flower borders, and patio space—perfect for outdoor dining and entertaining. There is significant potential here for landscaping improvements or creating additional outdoor functionality. Bassingbourn itself offers a range of local amenities including shops, schools, healthcare facilities, and traditional pubs. It benefits from excellent transport links; located just four miles from Cambridge and close to Royston’s mainline station with direct services to London Kings Cross in approximately 38 minutes. Additionally, major road connections such as the M11 are within easy reach. Given its location and size combined with the potential for enhancements both inside and outside, this property stands out as an excellent investment opportunity in Bassingbourn—a village known for its community feel while still being conveniently close to urban centers.

Investment Analysis

(SG8 area)

Below Market Value

This property is priced -18.4% below area average per sq ft

-18.4%
Potential saving
This Property
£329/sq ft
Area Average
£403/sq ft
Avg Rent (weekly)
£304
Avg Yield
3.2%

Renovation Potential

Est. Renovation Cost
£55,000 - £137,500
10-25% of property value
Target Value
£741,457
10% above area average per sq ft
Potential ROI
+7.8%
After renovation
Monthly Sales
23
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (SG8)

Area prices are stable by +1.4% over the last 12 months
3 year growth: -4.9%
5 year growth: 2.9%
Investment Disclaimer: Analysis based on SG8 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Old North Road, Royston SG8
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