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Howard Drive, Letchworth Garden City, SG6 - Image 1
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Howard Drive, Letchworth Garden City, SG6

East of England

£290,000
Listed on 31/12/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom property presents a unique opportunity for savvy buyers looking to invest in a home that offers substantial potential for modernization. Nestled in the tranquil and desirable area of Letchworth Garden City, the property features an enclosed rear garden and a garage, making it an attractive option for those who appreciate outdoor space. Additionally, the home opens onto a well-kept communal green area, enhancing its appeal. The interior layout includes a spacious living room with dining area potential, two double bedrooms with ample storage options, and a bathroom that could benefit from updates. The kitchen, while functional, would greatly enhance its value with some refurbishment. Located conveniently near respected schools, shopping facilities, and public transport links, this property is not only ideal for homeowners but also offers significant investment potential in a sought-after region.

Investment Analysis

(SG6 area)
Area Average
£420/sq ft
Avg Rent (weekly)
£294
Avg Yield
4.6%

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
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

Howard Drive, Letchworth Garden City, SG6
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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
£1,062
Based on a loan of £217,500 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