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Mangrove Road, Hertford

East of England

£625,000
Listed on 05/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1288 sqft

Description

This three-bedroom semi-detached home offers significant renovation and investment potential in a sought-after area on the southern edge of Hertford. Its convenient location provides easy access to reputable local schools, making it an attractive option for families or individuals looking for a community-oriented neighborhood. Inside, the property features a spacious living room that flows into a bright conservatory, creating an inviting space for both relaxation and entertainment. The kitchen is complemented by a separate utility room, enhancing functionality for everyday activities. Completing the main floor are a ground floor cloakroom and a first-floor family bathroom, covering essential living needs. The private rear garden measures approximately 52 feet by 34 feet and is predominantly laid to lawn, offering a tranquil outdoor space that can be tailored to personal preferences. This area presents opportunities for landscaping or establishing an outdoor entertaining area. Additionally, the property includes a garage and driveway parking for added convenience. There is ample scope for modernization or expansion (subject to planning permission), allowing buyers to customize the home according to their style and requirements. This property represents a compelling project with great potential in an enviable location—an excellent opportunity for those looking to create their ideal living space while benefiting from strong long-term investment prospects.

Investment Analysis

(SG13 area)

Below Market Value

This property is priced -2.6% below area average per sq ft

-2.6%
Potential saving
This Property
£485/sq ft
Area Average
£498/sq ft
Avg Rent (weekly)
£417
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£705,566
10% above area average per sq ft
Potential ROI
+3.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (SG13)

Area prices are falling by +6.2% over the last 12 months
3 year growth: 5.2%
5 year growth: 11.9%
Investment Disclaimer: Analysis based on SG13 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

Mangrove Road, Hertford
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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
£2,290
Based on a loan of £468,750 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