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Mill Road, Royston, SG8

East of England

£700,000
Listed on 22/01/2026

Property Details

Bedrooms
4
Type
Detached house
Area
2300 sqft

Description

This detached Victorian home offers a prime opportunity for renovation in the well-regarded town of Royston. With 4 spacious double bedrooms, this property is ideally located within walking distance to the town centre and mainline train station, enhancing its appeal for both families and commuters. The property features a generous lounge/dining area with an inviting layout, a sizeable kitchen with existing units and integrated appliances, plus additional versatile spaces including a study and utility room. The basement presents further potential for creative use, whether as extra storage or living space. Externally, the property boasts an enclosed rear garden with low-maintenance features such as artificial lawn and decking areas—perfect for outdoor entertaining. A dedicated garden studio adds considerable appeal for those looking to work from home or as a hobby space. While the presentation is generally tidy, there are opportunities to modernize key areas like the kitchen, bathrooms, and outdoor spaces to both enhance comfort and increase value. With necessary planning permissions (STPP), there's potential to extend the living area even further. Royston itself is known for its rich history and strong community amenities—including shops, schools, leisure facilities, and beautiful green spaces—making it a desirable location for investment.

Investment Analysis

(SG8 area)

Below Market Value

This property is priced -26.4% below area average per sq ft

-26.4%
Potential saving
This Property
£304/sq ft
Area Average
£414/sq ft
Avg Rent (weekly)
£306
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £70,000
Target Value
£1,046,282
10% above area average per sq ft
Potential ROI
+35.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
53%
Properties sold annually

Local Market Trend (SG8)

Area prices are stable by +0.9% over the last 12 months
3 year growth: -4.7%
5 year growth: 3.0%
Investment Disclaimer: Analysis based on SG8 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

Mill Road, Royston, SG8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,525
Based on a loan of £525,000 over 30 years at 4.06% 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