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Hillcrest, Hare Street, SG9 - Image 1
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Hillcrest, Hare Street, SG9

East of England

£1,300,000
Listed on 06/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2000 sqft

Description

Plot 1 at Hillcrest presents a noteworthy opportunity for renovation or investment, featuring full planning permission for the construction of a single-storey environmentally sustainable home. This detail can be verified through the East Herts website under reference number 3/21/2436/Ful. The current owners, Latymer House Builders, are prepared to oversee the development project, allowing for customization according to potential buyers' specifications. This property is situated conveniently between the market town of Buntingford and Hare Street, striking a balance between semi-rural comfort and accessibility. Buntingford offers a variety of daily necessities, highlighted by its charming high street filled with an array of shops, cafes, pubs, and restaurants. Residents will also benefit from a large Co-op supermarket and access to well-regarded schools that cater to families in the area. For those commuting or seeking more extensive amenities, Ware (11 miles) and Royston (7 miles) are both nearby market towns with reliable rail connections into London. The surrounding countryside is rich with footpaths and bridleways ideal for outdoor enthusiasts, while local golf courses such as East Herts, Whitehills, and Barkway add leisure options to this appealing locale. Overall, this site not only offers immediate residential potential but also stands as a strategic investment in a thriving community setting.

Investment Analysis

(SG9 area)

Above Market Value

This property is priced +46.7% above area average per sq ft

+46.7%
This Property
£650/sq ft
Area Average
£443/sq ft

Renovation Potential

Est. Renovation Cost
£130,000 - £325,000
10-25% of property value
Target Value
£974,600
10% above area average per sq ft
Potential ROI
-40.0%
After renovation
Monthly Sales
8
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (SG9)

Area prices are stable by +1.0% over the last 12 months
3 year growth: -0.9%
5 year growth: 8.2%
Investment Disclaimer: Analysis based on SG9 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Hillcrest, Hare Street, SG9
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