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Priory Close, Royston, Hertfordshire - Image 1
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Priory Close, Royston, Hertfordshire

East of England

£1,100,000
Listed on 06/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
2370 sqft

Description

This spacious three-bedroom detached home offers a wealth of potential for renovation and investment. Originally constructed in the 1940s, the property spans nearly 2,400 sq ft across two levels and features a functional layout that could easily adapt to modern living needs. The ground floor encompasses a variety of generous reception areas, highlighted by a large sitting room with high ceilings, an exposed brick fireplace, and large windows that invite natural light. The kitchen boasts contemporary wooden cabinetry with integrated appliances and a breakfast bar, all overlooking the sunroom. This area flows into an extensive dining space featuring bi-fold doors that seamlessly connect to both a vaulted garden room and a raised decked balcony—ideal for outdoor entertaining. Also on this level, you will find a versatile study that can serve as a fourth bedroom, along with practical spaces like a utility room and cloakroom. Upstairs, the principal bedroom includes fitted storage and an en suite bathroom, complemented by two additional double bedrooms and a family shower room. Notably, the upper windows are triple-glazed, providing energy efficiency and sound insulation. One of this property’s standout features is its L-shaped timber outbuilding. Measuring approximately 1,383 sq ft, it consists of multiple functional areas including an office with en suite facilities, a vaulted workshop with patio doors leading to the garden, and an annexe equipped with its own kitchenette and private terrace—providing ample opportunities for home office space or potential rental income. Located within a sought-after no through road in Royston—a well-connected market town—the home is conveniently situated near shopping amenities, schools, parks, and leisure facilities. Commuters will appreciate the station's fast rail services to London King’s Cross (around 40 minutes) and Cambridge (approximately 20 minutes), along with easy access to major roadways such as the A10 and A505. Previous planning permission has been granted to extend the first floor to create two additional bedrooms; prospective buyers are encouraged to consult with local planning authorities regarding future possibilities. With its prime location and versatile spaces ripe for customization or expansion, this property presents an excellent opportunity for those looking to invest in their next project.

Investment Analysis

(SG8 area)

Above Market Value

This property is priced +12.6% above area average per sq ft

+12.6%
This Property
£464/sq ft
Area Average
£412/sq ft
Avg Rent (weekly)
£315
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,074,475
10% above area average per sq ft
Potential ROI
-9.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (SG8)

Area prices are stable by +1.3% over the last 12 months
3 year growth: -3.8%
5 year growth: 1.9%
Investment Disclaimer: Analysis based on SG8 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

Priory Close, Royston, 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
£4,030
Based on a loan of £825,000 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