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The Close, Codicote

East of England

£425,000

Listed on 30/06/2026

Property details

Bedrooms
3
Type
End Of Terrace
Area
884 sqft

Description

Nestled in a sought-after residential area of Codicote, this charming three-bedroom end terrace house is set on a generous corner plot, providing ample outdoor space with significant potential for extension or refurbishment (subject to planning permission). The property has been well looked after, featuring modern comforts such as a newly installed boiler and radiators, gas central heating, double glazing, and a contemporary shower. These elements make it an appealing option for first-time buyers or families seeking both immediate livability and future investment opportunities. Upon entry, you are greeted by a spacious hallway filled with natural light from a side window, leading to all main ground floor rooms and offering practical understairs storage. The convenient downstairs WC adds to the functionality of the layout. The kitchen is designed for practicality and social interaction, complete with beautiful wood worktops, tiled backsplashes, and an open breakfast bar that connects seamlessly to the living area. It comes equipped with integrated appliances including an induction hob, extractor hood, eye-level oven, grill, and a dishwasher. A pantry cupboard provides additional storage options. The bright dual aspect living room boasts large windows that invite sunlight in from both rear and side elevations while offering direct access to the expansive rear garden through glazed doors—ideal for entertaining guests or family gatherings. Externally, the standout feature is undoubtedly the vast corner plot garden that spans two levels with patio sections and lawn areas. It includes side and rear access points as well as two sheds powered with electricity. This unique outdoor space not only enhances the property’s appeal but also presents excellent scope for further development (subject to planning permissions). On the first floor, you will find three generously sized bedrooms along with a family bathroom and extra storage through an airing cupboard plus a partially boarded loft space. Conveniently located close to village amenities, reputable schools, and great transport links to nearby towns and rail services makes this property an attractive opportunity for those looking for both comfort today and potential growth tomorrow.

Investment analysis

(SG4 area)

Below Market Value

This property is priced -2.1% below area average per sq ft

-2.1%
Potential saving
This Property
£481/sq ft
Area Average
£491/sq ft
Avg Rent (weekly)
£335
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£477,303
10% above area average per sq ft
Potential ROI
+2.6%
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 -7.4% over the last 12 months
3 year growth: +1.9%
5 year growth: +2.2%
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 Close, Codicote
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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
£1,606
Based on a loan of £318,750 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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