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Norton Way South, Letchworth

East of England

£925,000
Listed on 29/04/2026

Property Details

Bedrooms
3
Type
Detached
Area
1697 sqft

Description

This detached character property, set on a spacious quarter-acre plot, offers a remarkable opportunity for investors or buyers looking to create a tailored home. Located on a sought-after road within Letchworth Garden City, this residence is in need of some updating while preserving its original charm and period features. The impressive entrance hall leads to well-proportioned living spaces including a lounge and separate dining room with direct access to the rear garden, which presents potential for landscaping and outdoor entertainment. With three double bedrooms and a family bathroom upstairs, there is ample space for family living. The property also benefits from generous off-road parking and a detached garage. This home holds vast potential for sympathetic renovation to modernize the interiors while enhancing the exterior's appeal, making it an attractive investment in this desirable area.

Investment Analysis

(SG6 area)

Above Market Value

This property is priced +28.4% above area average per sq ft

+28.4%
This Property
£545/sq ft
Area Average
£425/sq ft
Avg Rent (weekly)
£306
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£792,601
10% above area average per sq ft
Potential ROI
-19.5%
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
11%
Properties sold annually

Local Market Trend (SG6)

Area prices are rising by +10.1% over the last 12 months
3 year growth: +10.0%
5 year growth: +17.5%
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

Norton Way South, Letchworth
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£3,300
Based on a loan of £693,750 over 30 years at 3.97% 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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