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Priory Close, Royston, Hertfordshire

East of England

£1,100,000
Listed on 05/10/2025

Property Details

Bedrooms
3
Type
Detached
Area
2370 sqft

Description

This charming double-fronted family residence, originally built in the 1940s, presents a significant opportunity for renovation and expansion. Spanning nearly 2,400 sq ft over two levels, the property is situated on a quiet cul-de-sac in the desirable market town of Royston, offering easy access to local amenities and transport links. The home features generous reception spaces including a high-ceilinged sitting room with an exposed brick fireplace and full-height glazing that floods the space with natural light. A well-appointed kitchen features modern appliances and flows seamlessly into a large dining area and sunroom, making it ideal for entertaining. The first floor hosts three spacious bedrooms, including a principal suite with an en suite bathroom, while all upstairs windows are triple-glazed—newly installed just last year. The property also includes a noteworthy outbuilding (approximately 1,383 sq ft) that houses an office with an en suite shower room and an annexe complete with sitting rooms, kitchenette and bedroom. Planning permission was previously granted to expand the first floor to add two additional bedrooms, which presents potential for further investment or development (prospective buyers should check with local authorities). With its extensive gardens featuring various seating areas and mature hedging providing privacy, this home offers a unique canvas for both personalisation and significant value enhancement through renovation efforts.

Investment Analysis

(SG8 area)

Above Market Value

This property is priced +12.4% above area average per sq ft

+12.4%
This Property
£464/sq ft
Area Average
£413/sq ft
Avg Rent (weekly)
£317
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,076,300
10% above area average per sq ft
Potential ROI
-9.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (SG8)

Area prices are falling by -4.9% over the last 12 months
3 year growth: -6.2%
5 year growth: -1.0%
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 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£3,896
Based on a loan of £825,000 over 30 years at 3.91% 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.

Stamp Duty Calculator

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