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Icknield Close, Ickleford, Hitchin, SG5 - Image 1
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Icknield Close, Ickleford, Hitchin, SG5

East of England

£120,000
Listed on 10/11/2025

Property Details

Bedrooms
N/A
Type
Flat

Description

This ground floor studio apartment, located in a desirable cul-de-sac within the vibrant village of Ickleford, presents a unique opportunity for those looking to invest or undertake a renovation project. The property requires modernization, allowing new owners to tailor the space to their preferences and create a personalized living environment. The layout includes an entrance hall that leads into a separate kitchen, equipped with essential features such as base and eye-level units, an electric cooker point, and plumbing for a washing machine. It also boasts a double-glazed window that provides natural light while maintaining practical functionality. The bathroom features essential amenities including a panelled bath with an electric shower, pedestal wash hand basin, and low-level WC. The open-plan layout consists of distinct living and bedroom areas. The lounge is approximately 14'3" x 8'11" and offers storage options and television connectivity, while the bedroom area measures about 10'6" x 7'3", complete with additional storage and a rear-facing double-glazed window. Additional benefits of this property include a front garden adorned with various plants and shrubs, as well as an en-bloc garage nearby—ideal for secure parking or extra storage. With a notably long lease of 999 years from 1981 and low ongoing costs such as peppercorn ground rent and manageable service charges, this property holds substantial investment potential in an attractive village setting. Given its chain-free status, this apartment is ready for immediate consideration by those seeking to develop it further or create their ideal space in a thriving community.

Investment Analysis

(SG5 area)
Area Average
£440/sq ft
Avg Rent (weekly)
£321
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (SG5)

Area prices are stable by +1.8% over the last 12 months
3 year growth: 5.4%
5 year growth: 9.4%
Investment Disclaimer: Analysis based on SG5 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

Icknield Close, Ickleford, Hitchin, SG5
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£440
Based on a loan of £90,000 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