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Ridge Road, Letchworth Garden City, SG6 1PN

East of England

£450,000

Listed on 07/05/2026

Property details

Bedrooms
3
Type
Terraced
Area
1324 sqft

Description

This Grade II listed three-bedroom property presents a remarkable opportunity for buyers looking to invest in a home that requires modernization. It features a spacious lounge, a kitchen with potential for upgrades, a versatile third reception room, and a study, alongside a family bathroom. The layout provides ample scope for reconfiguration and enhancement to meet modern living standards. A rear garden complements the property, offering outdoor space that can be revitalized as desired. Located within walking distance of Letchworth Town Centre and the mainline train station, this home combines historical charm with convenience. The area is known for its vibrant community life and easy access to amenities. With both off-street parking for two cars and its proximity to local schools and transport links, this property holds significant renovation potential in a sought-after location.

Investment analysis

(SG6 area)

Below Market Value

This property is priced -20.5% below area average per sq ft

-20.5%
Potential saving
This Property
£340/sq ft
Area Average
£428/sq ft
Avg Rent (weekly)
£288
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£622,611
10% above area average per sq ft
Potential ROI
+24.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (SG6)

Area prices are rising by +5.9% over the last 12 months
3 year growth: +9.5%
5 year growth: +15.6%
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

Ridge Road, Letchworth Garden City, SG6 1PN
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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
£1,700
Based on a loan of £337,500 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

-5.3% since listed
£450,000£25,000(-5.3%)
06/07/2026
Current price
£475,000Initial listing
11/05/2026

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