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Common Rise, Hitchin, SG4

East of England

£400,000
Listed on 08/11/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
895 sqft

Description

This charming 1930s semi-detached home features two bedrooms and presents a unique opportunity for renovation and investment. While some interior updates are needed, the property offers a solid foundation for creating a personalized living space in a highly desirable location. Upon entering, you’ll find an inviting entrance hall leading to a dual-aspect sitting and dining room equipped with a multi-fuel burner, enhancing the room's appeal and warmth. The kitchen is generously sized, allowing for potential reconfiguration or modernization, and it provides direct access to the rear garden. A convenient ground floor shower room adds to the property’s practicality, while the upper level includes two well-proportioned bedrooms and a family bathroom. Externally, there is off-street parking available for two vehicles, along with a substantial rear garden that features an adaptable outbuilding currently utilized as a studio. This space could easily be transformed into a home office or recreational area, further expanding the property's functional usage. Moreover, there is notable potential for extension, subject to obtaining planning permission. Situated in Common Rise—a tranquil cul-de-sac—the property enjoys proximity to Hitchin Mainline station and local amenities. Its location also falls within an excellent school catchment area and provides easy access to Walsworth Common, combining convenience with serene surroundings. This property represents an exciting opportunity for buyers looking to invest in a period home ripe for modernization while being sold chain-free for a smoother transaction process. The inclusion of solar panels also offers added benefits in terms of energy efficiency.

Investment Analysis

(SG4 area)

Below Market Value

This property is priced -9.2% below area average per sq ft

-9.2%
Potential saving
This Property
£447/sq ft
Area Average
£492/sq ft
Avg Rent (weekly)
£314
Avg Yield
3.1%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £10,000
Target Value
£484,571
10% above area average per sq ft
Potential ROI
+18.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (SG4)

Area prices are falling by +5.4% over the last 12 months
3 year growth: 0.5%
5 year growth: 8.6%
Investment Disclaimer: Analysis based on SG4 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

Common Rise, Hitchin, SG4
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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
£1,465
Based on a loan of £300,000 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