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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 09/10/2025

Property Details

Bedrooms
1
Type
Apartment
Area
563 sqft

Description

This centrally located second floor one-bedroom apartment offers a promising investment opportunity, situated just a short stroll from the bustling town centre and train station. The layout includes a spacious lounge/dining area featuring double glazed French doors that lead to a balcony with views over Howard Park, providing a pleasant outdoor space. The kitchen is equipped with basic fittings and has potential for modernisation, while the bathroom features essential amenities in need of updating. A large double bedroom with fitted wardrobes adds to the appeal, though some enhancements could improve its overall comfort and aesthetic. Communal gardens at the rear and an allocated parking space further increase the property’s value. With easy access to transport links connecting Letchworth Garden City to London, Cambridge, and beyond, this property presents an exciting renovation project in a desirable location.

Investment Analysis

(SG6 area)

Below Market Value

This property is priced -26.8% below area average per sq ft

-26.8%
Potential saving
This Property
£311/sq ft
Area Average
£425/sq ft
Avg Rent (weekly)
£306
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£262,955
10% above area average per sq ft
Potential ROI
+31.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (SG6)

Area prices are rising by +10.1% over the last 12 months
3 year growth: +10.0%
5 year growth: +17.5%
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 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£624
Based on a loan of £131,250 over 30 years at 3.97% 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.

Stamp Duty Calculator

Price History

-2.8% since listed
£175,000£5,000(-2.8%)
18/10/2025
Current price
£180,000Initial listing
11/12/2023

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