Worst House on the Street Logo
New Close, Knebworth, Hertfordshire, SG3 - Image 1
New Close, Knebworth, Hertfordshire, SG3 - Image 2
New Close, Knebworth, Hertfordshire, SG3 - Image 3
New Close, Knebworth, Hertfordshire, SG3 - Image 4
New Close, Knebworth, Hertfordshire, SG3 - Image 5
New Close, Knebworth, Hertfordshire, SG3 - Image 6
New Close, Knebworth, Hertfordshire, SG3 - Image 7
New Close, Knebworth, Hertfordshire, SG3 - Image 8
New Close, Knebworth, Hertfordshire, SG3 - Image 9
New Close, Knebworth, Hertfordshire, SG3 - Image 10
New Close, Knebworth, Hertfordshire, SG3 - Image 11

New Close, Knebworth, Hertfordshire, SG3

East of England

£550,000
Listed on 30/01/2026

Property Details

Bedrooms
2
Type
Detached house
Area
1181 sqft

Description

This two-bedroom detached bungalow presents a rare opportunity for buyers looking to invest in a property with considerable renovation and expansion potential. Set on a spacious plot, the home can be transformed with some imagination, offering the possibility for extension or complete redevelopment, pending necessary permissions. The layout includes a reception hall, fitted kitchen, lounge, dining area, two generous double bedrooms, a family bathroom, and a separate WC. Externally, the property features a garage equipped with power and lighting, alongside a deep front garden that allows for ample off-street parking. The rear garden is particularly noteworthy; it boasts mature trees and established shrubs that not only provide privacy but can also serve as the foundation for landscaping enhancements or further development. Notably, there was a subsidence claim; however, all repairs have been completed and are under warranty. Documentation confirming this is available upon request. Located in a peaceful residential close within Knebworth village, the property benefits from proximity to local shops, cafés, primary schools, and excellent transport links including Knebworth mainline station with direct access to London. This makes it an excellent choice for both families and commuters seeking to create their ideal living space.

Investment Analysis

(SG3 area)

Below Market Value

This property is priced -1.8% below area average per sq ft

-1.8%
Potential saving
This Property
£466/sq ft
Area Average
£474/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£615,838
10% above area average per sq ft
Potential ROI
+4.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
41%
Properties sold annually

Local Market Trend (SG3)

Area prices are stable by +0.3% over the last 12 months
3 year growth: 8.5%
5 year growth: 23.4%
Investment Disclaimer: Analysis based on SG3 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

New Close, Knebworth, Hertfordshire, SG3
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,984
Based on a loan of £412,500 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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE