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Morgans Road, Hertford

East of England

£1,150,000
Listed on 19/09/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1524 sqft

Description

This four-bedroom detached family home presents a unique investment opportunity, located in one of Hertford's most desirable neighborhoods. Nestled on a substantial 0.25-acre lot, the property is primed for renovation, allowing you to mold it into your ideal living space. The interior features a traditional layout that includes an inviting entrance hall, a spacious lounge, and a separate dining area, all of which offer potential for modern updates. The kitchen and ground floor cloakroom provide functional spaces that could benefit from contemporary enhancements. Upstairs, you'll find four generously-sized double bedrooms that can easily adapt to various needs, along with a family bathroom that awaits modernization. Outside, the property boasts ample off-street parking alongside two garages, making it convenient for multiple vehicles or storage needs. The expansive South-West facing rear garden extends approximately 130 feet, offering plenty of outdoor space for landscaping or potential extensions (subject to planning permissions). With its notable location and significant potential for expansion or modernization, this property stands out as an excellent chance to invest in a home that can evolve over time. Whether you're looking to create your forever residence or seeking a renovation project with promising returns, this house offers the perfect foundation to realize those ambitions.

Investment Analysis

(SG13 area)

Above Market Value

This property is priced +51.5% above area average per sq ft

+51.5%
This Property
£755/sq ft
Area Average
£498/sq ft
Avg Rent (weekly)
£417
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£834,847
10% above area average per sq ft
Potential ROI
-32.1%
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

Morgans 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
£4,213
Based on a loan of £862,500 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