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Parnel Road, Ware

East of England

£340,000
Listed on 05/05/2026

Property Details

Bedrooms
2
Type
Terraced
Area
693 sqft

Description

This two-bedroom terraced home on the well-regarded Parnel Road in Ware presents an excellent opportunity for buyers eager to invest in a property with renovation potential. The house is currently in need of minor upgrades across various areas, providing a blank canvas for personal touches and improvements that could significantly enhance its value. Inside, you'll find two spacious double bedrooms, allowing for comfortable living arrangements. The generous living room offers a bright space perfect for both leisure and hosting, while the kitchen features a practical layout with direct access to the rear garden. Additionally, the downstairs wet room contributes to the home's practicality. Outside, both front and rear gardens provide valuable outdoor space for gardening or relaxation, complemented by a small brick-built shed suitable for storage. Conveniently located near local amenities, schools, and transport links, this property is ideal for first-time buyers or investors seeking a project that could yield substantial returns with some renovations. Early viewing is encouraged to explore this promising opportunity.

Investment Analysis

(SG12 area)

Above Market Value

This property is priced +2.8% above area average per sq ft

+2.8%
This Property
£491/sq ft
Area Average
£477/sq ft
Avg Rent (weekly)
£339
Avg Yield
3.7%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £12,000
Target Value
£363,770
10% above area average per sq ft
Potential ROI
+3.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (SG12)

Area prices are rising by +9.7% over the last 12 months
3 year growth: +4.3%
5 year growth: +3.5%
Investment Disclaimer: Analysis based on SG12 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

Parnel Road, Ware
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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
£1,213
Based on a loan of £255,000 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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