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Norton Way South, Letchworth Garden City, SG6 - Image 1
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Norton Way South, Letchworth Garden City, SG6 - Image 8

Norton Way South, Letchworth Garden City, SG6

East of England

£175,000
Listed on 18/10/2025

Property Details

Bedrooms
1
Type
Flat
Area
563 sqft

Description

This one-bedroom apartment is situated on the second floor, offering a comfortable living space within a vibrant community. Its central location ensures you’re just a short walk away from the town center’s shops and amenities, including convenient access to the local train station. The layout features a generous lounge and dining area that opens onto a balcony with views over Howard Park, creating an inviting atmosphere for relaxation or entertainment. The kitchen is equipped with essential fixtures, including integrated appliances, while the bathroom includes practical elements like a low-level WC and shower attachment. The spacious bedroom benefits from fitted wardrobes and overlooks the greenery of the park. With communal gardens at the back of the property and an allocated parking space, outdoor space is also accounted for. Transportation options are robust; the nearby train station connects you effortlessly to destinations such as London King's Cross, Cambridge, and other surrounding areas, making it ideal for commuters. In addition to its immediate conveniences, this apartment holds significant renovation potential. Envision updating the interiors to enhance both functionality and aesthetics while adding value to your investment. The property boasts an extended lease with 85 years remaining and manageable service charges, presenting a promising opportunity for both first-time buyers and investors looking to capitalize on Letchworth Garden City’s appeal and growing market. The unique planning of Letchworth Garden City embraces green spaces and community-focused living, further enhancing its desirability as a residential area. This apartment offers not just a home but also an investment in a progressive neighborhood with ample growth potential.

Investment Analysis

(SG6 area)

Below Market Value

This property is priced -25.9% below area average per sq ft

-25.9%
Potential saving
This Property
£311/sq ft
Area Average
£420/sq ft
Avg Rent (weekly)
£294
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£259,920
10% above area average per sq ft
Potential ROI
+26.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (SG6)

Area prices are rising by +3.8% over the last 12 months
3 year growth: 6.2%
5 year growth: 14.6%
Investment Disclaimer: Analysis based on SG6 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

Norton Way South, Letchworth Garden City, SG6
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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
£641
Based on a loan of £131,250 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