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River Avenue, Hoddesdon - GARAGE AT THE REAR

London

£385,000

Listed on 31/03/2026

Property Details

Bedrooms
2
Type
Terraced
Area
1206 sqft

Description

This two-bedroom terraced house on River Avenue in Hoddesdon presents a significant opportunity for buyers looking to invest or renovate. The property is situated in a desirable residential area and features off-street parking, a generous rear garden, and a large garage that opens up potential for conversion into additional living space (subject to planning permission). The ground floor includes a bright living room with bay window and a modern kitchen with enough room for dining and direct access to the garden. Upstairs, you'll find two well-sized bedrooms along with a family bathroom. While the home is currently comfortable, there's considerable scope for updates or extensions that could enhance its value further. The expansive garden is ideal for outdoor activities and provides an excellent setting for entertaining or gardening pursuits. Its proximity to local amenities, schools, and transport links adds to its appeal, making this property a compelling choice for those looking to create their ideal home or capitalize on investment potential.

Investment Analysis

(EN11 area)

Below Market Value

This property is priced -25.9% below area average per sq ft

-25.9%
Potential saving
This Property
£319/sq ft
Area Average
£431/sq ft
Avg Rent (weekly)
£339
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£571,831
10% above area average per sq ft
Potential ROI
+34.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (EN11)

Area prices are falling by -3.5% over the last 12 months
3 year growth: -11.2%
5 year growth: +5.9%
Investment Disclaimer: Analysis based on EN11 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

River Avenue, Hoddesdon - GARAGE AT THE REAR
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,454
Based on a loan of £288,750 over 30 years at 4.45% 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.

Stamp Duty Calculator

Price History

-7.2% since listed
£385,000£15,000(-3.8%)
10/06/2026
Current price
£400,000£15,000(-3.6%)
27/04/2026
£415,000Initial listing
01/04/2026

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