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The Dale, Letchworth Garden City, SG6 3SG

East of England

£465,000
Listed on 01/11/2025

Property Details

Bedrooms
3
Type
Detached house
Area
872 sqft

Description

This three-bedroom detached bungalow presents a significant opportunity for renovation and investment. Located in a tranquil neighborhood, the property is within a short walking distance to Letchworth Town Centre and the mainline train station, making it ideal for both residents and commuters. The layout features an entrance hall that leads to various living spaces, including a cozy lounge equipped with a gas fireplace and a bay window that allows natural light to fill the room. The kitchen, while functional, awaits modernization and provides plumbing for washing appliances along with ample wall and base units. Each of the three bedrooms offers comfortable space, with two featuring double glazed windows overlooking the rear garden—perfect for creating peaceful retreats. For those considering expansion or upgrades, the loft space is boarded and could be further developed, subject to local planning permissions. The bathrooms, which include a separate WC, show potential for updates that could significantly enhance the property's appeal. Externally, the enclosed rear garden features lawn space perfect for landscaping or leisure activities. There are also outbuildings such as a summer house and shed that can be repurposed or renovated. A shared driveway provides access to the single garage. Given Letchworth Garden City's reputation as the UK's first Garden City—with its unique blend of town and country living—this property not only offers immediate living but also substantial investment potential in an area known for its community amenities, educational institutions, and quick transport links to London Kings Cross via rail. This bungalow stands ready to be transformed into your vision of a perfect home or an outstanding investment opportunity within this desirable location.

Investment Analysis

(SG6 area)

Above Market Value

This property is priced +27.1% above area average per sq ft

+27.1%
This Property
£533/sq ft
Area Average
£420/sq ft
Avg Rent (weekly)
£294
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£402,576
10% above area average per sq ft
Potential ROI
-21.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (SG6)

Area prices are rising by +3.8% over the last 12 months
3 year growth: 6.2%
5 year growth: 14.6%
Investment Disclaimer: Analysis based on SG6 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

The Dale, Letchworth Garden City, SG6 3SG
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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
£1,703
Based on a loan of £348,750 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