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Oakfield Avenue, Hitchin, SG4

East of England

£475,000
Listed on 03/01/2026

Property Details

Bedrooms
2
Type
Detached house
Area
738 sqft

Description

This charming bungalow offers the appeal of single-storey living while presenting significant opportunities for future enhancement. The spacious hallway and level floors cater to accessibility, making it an ideal choice for various lifestyles. The interior features a neutral color palette complemented by practical wooden flooring that flows through much of the home, including a light-filled sitting room that benefits from a large window and glazed door leading to the conservatory. This area serves as a perfect relaxation spot or can be repurposed as a playroom with direct access to the garden. The kitchen, adjoining the sitting room, is compact yet functional, boasting modern shaker-style cabinetry alongside dark granite-effect worktops. It accommodates essential appliances—integrated electric oven and induction hob—while providing sufficient storage and a glazed door accessing the garden for hosting summer barbecues. Two well-proportioned double bedrooms at the front add to the property’s comfort; both rooms offer natural light and space for essential furnishings. The principal bedroom features an inviting bow window, enhancing its airy feel. Completing this home is a generously sized bathroom, fully tiled with modern fittings including a walk-in shower. Externally, the rear garden offers ample scope for gardening enthusiasts with established beds and vegetable patches along with patio spaces. The extensive plot also allows for potential extensions (subject to planning permission), making it suitable for families seeking more space. A substantial driveway at the front ensures parking convenience for multiple vehicles. Situated in Hitchin—a desirable Hertfordshire town known for its excellent transport links and vibrant local culture—this bungalow not only provides comfortable living but also stands as a promising investment opportunity with no onward chain.

Investment Analysis

(SG4 area)

Above Market Value

This property is priced +30.8% above area average per sq ft

+30.8%
This Property
£644/sq ft
Area Average
£492/sq ft
Avg Rent (weekly)
£314
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£399,568
10% above area average per sq ft
Potential ROI
-22.4%
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

Oakfield Avenue, 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
£1,740
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