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North Farm, Crow Lane, Reed, Royston, Hertfordshire, SG8 8AE - Image 1
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North Farm, Crow Lane, Reed, Royston, Hertfordshire, SG8 8AE

East of England

£700,000
Listed on 17/03/2026

Property Details

Bedrooms
4
Type
Detached
Area
2637 sqft

Description

This Grade II Listed home presents a distinctive opportunity for buyers looking to invest in a property steeped in history. The main house features three bedrooms and an adjoining one-bedroom annexe, ideal for accommodating family or guests. The interior boasts charming period details, including exposed timber beams and traditional fireplaces, yet the property requires modernization to fully realize its potential. Located on the outskirts of Reed, Hertfordshire, this residence benefits from a peaceful village setting while being conveniently close to Royston and Cambridge. With its sizable courtyard parking and garden space, there is ample room for improvements or extensions subject to planning consent. Given its listed status, careful consideration will be needed for any renovation work to preserve its historical character while updating it for modern living. This property is not just a home but also a canvas for those with renovation ambitions.

Investment Analysis

(SG8 area)

Below Market Value

This property is priced -35.8% below area average per sq ft

-35.8%
Potential saving
This Property
£265/sq ft
Area Average
£413/sq ft
Avg Rent (weekly)
£295
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,199,294
10% above area average per sq ft
Potential ROI
+51.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
52%
Properties sold annually

Local Market Trend (SG8)

Area prices are stable by -1.3% over the last 12 months
3 year growth: -4.4%
5 year growth: +3.0%
Investment Disclaimer: Analysis based on SG8 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

North Farm, Crow Lane, Reed, Royston, Hertfordshire, SG8 8AE
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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
£2,525
Based on a loan of £525,000 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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