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Rands Meadow, Holwell, Hitchin, SG5 - Image 1
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Rands Meadow, Holwell, Hitchin, SG5

East of England

£250,000
Listed on 20/05/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
807 sqft

Description

This semi-detached two-bedroom home presents a unique opportunity for renovation and investment in the charming village of Holwell. While the property requires updating, its spacious layout includes an entrance hall leading to a living room and a kitchen that features access to a side extension, allowing for potential reconfiguration or expansion. Upstairs, you’ll find two generously sized bedrooms that offer ample space for customization. The property sits on a substantial plot, with the rear garden overlooking the village cricket pitch, providing a tranquil setting. The front garden further enhances the exterior appeal and offers additional possibilities for landscaping or outdoor use. Located less than three miles from Hitchin town center, this home benefits from proximity to a variety of amenities, including shops, schools, leisure facilities, and dining options. The nearby mainline railway station provides easy access to London Kings Cross, making it an attractive option for commuters. It is essential to note that this property is of non-standard construction and was part of a stock transfer from North Herts District Council in 2003. The new owner will enter into a deed of covenant with the Council upon completion and will be subject to an overage agreement. For those interested in capitalizing on its investment potential through renovations while enjoying village life close to urban conveniences, this home could be an excellent project.

Investment Analysis

(SG5 area)

Below Market Value

This property is priced -29.5% below area average per sq ft

-29.5%
Potential saving
This Property
£310/sq ft
Area Average
£440/sq ft
Avg Rent (weekly)
£321
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£390,233
10% above area average per sq ft
Potential ROI
+34.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (SG5)

Area prices are stable by +1.8% over the last 12 months
3 year growth: 5.4%
5 year growth: 9.4%
Investment Disclaimer: Analysis based on SG5 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

Rands Meadow, Holwell, Hitchin, SG5
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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
£916
Based on a loan of £187,500 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