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Great North Road, Graveley, Hitchin, Hertfordshire, SG4

East of England

£375,000
Listed on 13/02/2026

Property Details

Bedrooms
N/A
Type
Detached house

Description

This impressive plot spans approximately 1.96 acres and comes with approved planning permission for the construction of a 3-bedroom detached bungalow along with a single garage. The site currently houses a derelict dwelling that will require demolition, presenting a blank canvas for your vision. The planning consent, granted as a renewal of a previously authorized project, allows for immediate development and is documented under reference 23/02604/FP on the North Herts planning portal. Located in the picturesque village of Graveley, just a short distance from Stevenage and with excellent transport links to London via Kings Cross, this property offers not only a chance to create a bespoke home but also represents potential investment in an up-and-coming area. Local amenities include public houses and primary schools, while nearby larger towns provide extensive services and recreational facilities. This is an opportunity for developers or individuals looking to invest in real estate with considerable growth potential.

Investment Analysis

(SG4 area)
Area Average
£496/sq ft
Avg Rent (weekly)
£334
Avg Yield
3.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£120,000 - £200,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
40%
Properties sold annually

Local Market Trend (SG4)

Area prices are stable by -1.0% over the last 12 months
3 year growth: +3.9%
5 year growth: +7.4%
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

Great North Road, Graveley, Hitchin, Hertfordshire, SG4
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,352
Based on a loan of £281,250 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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