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

East of England

£825,000
Listed on 31/12/2025

Property Details

Bedrooms
5
Type
Semi-detached house
Area
2023 sqft

Description

This semi-detached family residence from the Early Garden City era boasts five bedrooms spread across three levels, offering significant renovation potential. The second floor is particularly versatile, with the ability to transform it into a self-contained flat, ideal for rental income or multigenerational living. While some modernisation is required throughout the property, it is situated in a desirable location and features an expansive rear garden that exceeds typical sizes. The ground floor comprises a spacious lounge complete with an exposed brick fireplace, a separate dining area, and a fitted kitchen/breakfast room with access to a conservatory and utility space. Additionally, there’s an office/study and a convenient ground-floor bathroom. The first floor hosts the main bedroom equipped with fitted wardrobes alongside two further bedrooms and another family bathroom. Moving to the second floor, you’ll find an adaptable fourth bedroom that could function as additional living space or guest accommodation, complemented by a fifth bedroom and kitchenette. Externally, off-road parking for two vehicles is available at the front while the generous west-facing rear garden measures approximately 150ft in length and includes multiple sections separated by mature landscapes. With local amenities such as schools and public transport within walking distance, this property presents an exciting opportunity for investors or those looking to create their dream home through thoughtful renovations.

Investment Analysis

(SG6 area)

Below Market Value

This property is priced -2.8% below area average per sq ft

-2.8%
Potential saving
This Property
£408/sq ft
Area Average
£420/sq ft
Avg Rent (weekly)
£294
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£933,958
10% above area average per sq ft
Potential ROI
+6.7%
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
£3,022
Based on a loan of £618,750 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