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Pixmore Way, Letchworth Garden City

East of England

£750,000
Listed on 30/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1335 sqft

Description

This early Garden City detached house, located centrally in Letchworth, presents a significant renovation opportunity for discerning buyers. The property is set on a substantial plot featuring a 69-foot south-facing rear garden and off-street parking with an attached garage. Although the interior requires considerable modernization, the potential rewards of reimagining this home are vast, making it an attractive prospect for investors or those looking to create their dream space. Externally, the house boasts charming original brickwork that stands out against the more commonly seen roughcast render in the area. The existing layout includes an extended kitchen and garden room complementing the two reception rooms, along with three double bedrooms and a bathroom on the upper floor. Gas-fired central heating is already in place, facilitating quicker upgrades. The garden areas provide ample scope for landscaping to suit various aesthetics while maintaining elements like ornamental trees at the front. Positioned just a third of a mile from the mainline railway station, it offers excellent connectivity to London and Cambridge. This location not only ensures convenience but also embodies the values of Letchworth Garden City as one of the first planned towns combining urban living with green spaces. With its desirable location and refurbishing potential, this property is ideal for those ready to invest time and resources into creating something truly special within this historic conservation area.

Investment Analysis

(SG6 area)

Above Market Value

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

+30.8%
This Property
£562/sq ft
Area Average
£430/sq ft
Avg Rent (weekly)
£315
Avg Yield
4.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£630,868
10% above area average per sq ft
Potential ROI
-24.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
73%
Properties sold annually

Local Market Trend (SG6)

Area prices are rising by +8.8% over the last 12 months
3 year growth: +9.2%
5 year growth: +16.2%
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

Pixmore Way, Letchworth Garden City
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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
£2,705
Based on a loan of £562,500 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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