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Gipsy Lane, Knebworth

East of England

£680,000
Listed on 29/11/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1111 sqft

Description

This three-bedroom detached residence presents a significant opportunity for renovation and customization. Situated on a generous plot in the desirable village of Knebworth, it offers a substantial 100ft rear garden graced with mature plants and fruit trees, making it an ideal canvas for outdoor improvements or landscaping projects. The property enjoys easy access to Knebworth Train Station, facilitating quick commutes to London Kings Cross and St Pancras. Inside, the spacious entrance hallway leads to a lounge featuring a cozy gas fireplace, providing a warm ambiance that can be enhanced with modern touches. The kitchen/diner is equipped with classic cream shaker-style units and has ample room for dining arrangements, although updating these spaces could significantly elevate their functionality and aesthetic. A separate utility room adds convenience but may require some modernization to match contemporary standards. The first floor hosts three well-sized bedrooms alongside a family bathroom that may benefit from refurbishment to improve comfort and appeal. Externally, the expansive driveway accommodates multiple vehicles, while the detached garage offers additional storage potential. With its extensive plot size creating opportunities for extension (subject to planning permission), this property is poised for transformation into a tailored family home in one of Hertfordshire's prestigious locations.

Investment Analysis

(SG3 area)

Above Market Value

This property is priced +31.8% above area average per sq ft

+31.8%
This Property
£612/sq ft
Area Average
£464/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£567,543
10% above area average per sq ft
Potential ROI
-21.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (SG3)

Area prices are rising by +6.0% over the last 12 months
3 year growth: 10.3%
5 year growth: 29.1%
Investment Disclaimer: Analysis based on SG3 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

Gipsy Lane, Knebworth
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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
£2,491
Based on a loan of £510,000 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