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Grange Rise, Codicote, SG4

East of England

£500,000
Listed on 14/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
929 sqft

Description

This three-bedroom property, situated in the peaceful village of Codicote, presents a unique opportunity for those looking to invest in a home with considerable renovation potential. Currently available without any chain, the residence offers a spacious layout that includes a large living area, a separate kitchen/dining space, and an adaptable lean-to conservatory, making it ideal for modifications. The first floor features three well-proportioned bedrooms—two of which are doubles—with built-in storage solutions, complemented by a four-piece family bathroom equipped with both a bath and a separate shower. The practical configuration of the home allows for reconfiguration or expansion (subject to planning permissions), enabling buyers to customize the space according to their needs over time. Externally, the property boasts a private rear garden and is nestled within a tranquil residential area. With its scope for further development, this home could evolve significantly to meet personal preferences or accommodate growing families. Codicote itself is conveniently linked with local amenities such as shops, a post office, pharmacies, and various dining options. It also hosts well-regarded schools and community activities. For those commuting to London, Knebworth station is just a short drive away, providing direct access to London King’s Cross, while major road links like the A1(M) are easily accessible.

Investment Analysis

(SG4 area)

Above Market Value

This property is priced +9.0% above area average per sq ft

+9.0%
This Property
£538/sq ft
Area Average
£494/sq ft
Avg Rent (weekly)
£308
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£504,665
10% above area average per sq ft
Potential ROI
-8.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (SG4)

Area prices are falling by -2.2% over the last 12 months
3 year growth: +5.7%
5 year growth: +5.7%
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

Grange Rise, Codicote, SG4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,771
Based on a loan of £375,000 over 30 years at 3.91% 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

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