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Shott Lane, Letchworth Garden City, SG6 - Image 1
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Shott Lane, Letchworth Garden City, SG6

East of England

£380,000
Listed on 13/02/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
880 sqft

Description

This two-bedroom terrace home is situated just a five-minute stroll from Letchworth town centre, presenting an attractive opportunity for investors and renovation enthusiasts. Spanning three floors, the property offers a spacious layout that can be further enhanced with potential extensions, subject to planning permission. Off-road parking is available along with a generous rear garden featuring outbuildings that could serve various purposes such as a home office or additional storage. Local amenities are conveniently close by, making this property not only a comfortable living space but also an excellent investment for future growth. The living room features wooden flooring and an inviting fireplace, while the kitchen comes equipped with essential appliances and access to the lean-to area—an extension possibility worth exploring. The bedrooms provide ample space, with one featuring eaves storage for practicality. The bathroom is functional but could benefit from modernisation. The garden is well-sized and currently includes areas left unkempt but holds great potential for family-friendly landscaping. Overall, this property requires thoughtful renovations to maximally realise its investment potential in a desirable location.

Investment Analysis

(SG6 area)

Above Market Value

This property is priced +0.5% above area average per sq ft

+0.5%
This Property
£432/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
£415,853
10% above area average per sq ft
Potential ROI
+0.2%
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

Shott Lane, 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
£1,371
Based on a loan of £285,000 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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