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Kings Road, Hitchin

East of England

£475,000
Listed on 01/12/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

Located on a desirable side street surrounded by similarly aged homes, this spacious 3/4 bedroom terraced house provides an excellent opportunity for renovation and investment. Just a short distance from the town centre and mainline train station, the property is ideally situated for both residential comfort and commuter convenience. While it requires general updating, the existing layout is generous, with potential for further expansion or conversion subject to planning permission. The accommodation starts with a welcoming hallway leading into two sizeable reception rooms, a dining kitchen equipped with basic units, a utility area, and a convenient ground floor cloakroom. The first floor features an original master bedroom that has already been divided into two interconnected spaces along with two additional bedrooms. A cloakroom completes this level. The rear garden extends approximately 60ft and benefits from a south-west orientation, making it an ideal space for outdoor activities or potential landscaping improvements. With no onward chain, this property is ready for its next chapter and represents a promising project for those looking to enhance its value through thoughtful renovations.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Kings Road, Hitchin
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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
£1,740
Based on a loan of £356,250 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