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Salusbury Lane, Offley, Hitchin, SG5 - Image 1
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Salusbury Lane, Offley, Hitchin, SG5

East of England

£240,000
Listed on 30/01/2026

Property Details

Bedrooms
2
Type
Detached house

Description

This two-bedroom semi-detached bungalow presents a promising opportunity for renovation, making it an appealing investment for those looking to enhance its value. The layout includes an entrance hall leading to a living room and kitchen, accompanied by two sizable bedrooms and a family bathroom. Outside, both front and rear gardens offer potential for landscaping or extensions, complemented by attractive countryside views at the front. Located in the desirable Offley Village, which boasts local amenities such as a primary school, post office/general store, hairdressers, and several public houses/restaurants, this property provides convenient access to major roadways and mainline train stations. Notably, the bungalow is of non-standard construction, which may require special consideration during renovation planning.

Investment Analysis

(SG5 area)
Area Average
£437/sq ft
Avg Rent (weekly)
£349
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
59%
Properties sold annually

Local Market Trend (SG5)

Area prices are stable by +1.3% over the last 12 months
3 year growth: 3.5%
5 year growth: 8.9%
Investment Disclaimer: Analysis based on SG5 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

Salusbury Lane, Offley, Hitchin, SG5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£866
Based on a loan of £180,000 over 30 years at 4.06% 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