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The Chestnuts, Codicote, Hitchin, Hertfordshire, SG4 - Image 1
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The Chestnuts, Codicote, Hitchin, Hertfordshire, SG4

East of England

£500,000

Listed on 23/06/2026

Property Details

Bedrooms
3
Type
Detached
Area
1156 sqft

Description

Nestled in a desirable residential area, this detached family residence spans over 1,150 sq ft and presents significant opportunities for modernization and expansion, pending any necessary approvals. Set in a tranquil cul-de-sac, the property features a driveway for off-street parking alongside an attached garage. Inside, the home is flooded with natural light and boasts well-proportioned living spaces, highlighted by an expansive lounge measuring nearly 18ft across, complete with a large front-facing window. Glazed double doors open into a versatile dining room equipped with both a picture window and patio doors that lead to the private rear garden. This adaptable space can easily serve as a family room, playroom, or snug. A convenient ground floor WC is located adjacent to the dining room. The kitchen overlooks the garden and includes a practical larder cupboard. On the first floor, you'll find three bedrooms, including two spacious doubles, all served by a family bathroom. The generous rear garden offers considerable privacy thanks to established shrubs and boundaries, providing ample scope for landscaping or creating outdoor entertaining areas; additionally, there's potential for extending the property (subject to planning permission). Being sold chain-free, this home offers an excellent canvas for buyers looking to personalize and enhance their new residence. Situated just over half a mile from Codicote village center—where you'll find essential services like a chemist and local shops—as well as recreational facilities including tennis courts and clubs—this property benefits from easy access to nearby towns such as Welwyn Garden City (4.9 miles) and Hitchin (7.5 miles). The area also boasts good transportation links to London via Knebworth station.

Investment Analysis

(SG4 area)

Below Market Value

This property is priced -12.6% below area average per sq ft

-12.6%
Potential saving
This Property
£433/sq ft
Area Average
£495/sq ft
Avg Rent (weekly)
£350
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £70,000
Target Value
£628,997
10% above area average per sq ft
Potential ROI
+10.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (SG4)

Area prices are falling by -7.7% over the last 12 months
3 year growth: +0.8%
5 year growth: +1.3%
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

The Chestnuts, Codicote, Hitchin, Hertfordshire, SG4
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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
£1,889
Based on a loan of £375,000 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

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