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Mullway, Letchworth Garden City, SG6

East of England

£300,000
Listed on 30/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
758 sqft

Description

This three-bedroom end-terrace home offers a promising opportunity for refurbishment, positioned within walking distance to various schools and local amenities. Currently requiring modernisation, the property presents a blank canvas for prospective homeowners or investors looking to add value. The ground floor features a spacious dual-aspect lounge/dining room that could be enhanced by contemporary updates, alongside a compact kitchen equipped with essential fittings. Upstairs, the property boasts three bedrooms and a family bathroom all of which could benefit from modern fixtures and finishes. Set back from the road, the approximately 70ft rear garden is laid mainly to lawn, providing ample space for landscaping or leisure activities. With no upper chain involved, this property is ready for a new vision.

Investment Analysis

(SG6 area)

Below Market Value

This property is priced -7.9% below area average per sq ft

-7.9%
Potential saving
This Property
£396/sq ft
Area Average
£430/sq ft
Avg Rent (weekly)
£315
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£358,200
10% above area average per sq ft
Potential ROI
+6.9%
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

Mullway, Letchworth Garden City, SG6
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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
£1,082
Based on a loan of £225,000 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