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Broadwater Crescent, Welwyn Garden City, Hertfordshire - Image 8

Broadwater Crescent, Welwyn Garden City, Hertfordshire

East of England

£425,000
Listed on 25/12/2024

Property Details

Bedrooms
3
Type
Detached house
Area
434 sqft

Description

This semi-detached home presents a promising opportunity for renovation and investment, situated in a well-connected area with access to essential amenities. The property is conveniently located near the A1000, allowing for easy commutes and weekend trips. Welwyn Garden City town centre is just a short distance away, providing a variety of shops, dining options, and community services. The nearby Welwyn Garden City rail station further enhances its appeal for commuters, offering direct transport links to London. The residence features three spacious bedrooms, ideal for accommodating families or individuals who desire extra space. The layout includes a family bathroom, a lounge area that invites natural light, and a kitchen designed for functionality. There’s also the added convenience of a ground floor WC. Outside, the driveway offers sufficient parking and hints at potential for future development; with planning permission, there could be opportunities to expand the living space to meet personal needs. With ample room to put your stamp on it, this property provides an excellent canvas for first-time buyers or those looking to invest in their future. Its existing structure combined with potential renovations makes it not only livable but also an exciting project for anyone keen on creating their ideal home.

Investment Analysis

(AL7 area)

Above Market Value

This property is priced +116.9% above area average per sq ft

+116.9%
This Property
£979/sq ft
Area Average
£451/sq ft
Avg Rent (weekly)
£333
Avg Yield
4.4%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£215,498
10% above area average per sq ft
Potential ROI
-51.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (AL7)

Area prices are stable by +0.5% over the last 12 months
3 year growth: 8.8%
5 year growth: 17.3%
Investment Disclaimer: Analysis based on AL7 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

Broadwater Crescent, Welwyn Garden City, Hertfordshire
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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
£1,557
Based on a loan of £318,750 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