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Norton Way South, Letchworth Garden City SG6 - Image 1
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Norton Way South, Letchworth Garden City SG6

East of England

£175,000
Listed on 19/11/2025

Property Details

Bedrooms
1
Type
Flat
Area
563 sqft

Description

Situated on the second floor, this one-bedroom apartment offers an excellent opportunity for renovation and investment in a prime location within walking distance of Letchworth Garden City's town centre and train station. The layout features a generous lounge/dining area with French doors leading to a balcony that overlooks Howard Park, creating a bright living space. The kitchen is fitted with basic units, but could benefit from modern updates to increase its functionality and appeal. The double bedroom comes equipped with fitted wardrobes, while the bathroom presents an opportunity for enhancement with newer fixtures. This property also includes access to communal gardens and an allocated parking space, making it attractive for potential renters or first-time buyers. Given its strategic location near transportation links to London and Cambridge, as well as local amenities, there is significant investment potential in revitalizing this flat to meet current market expectations.

Investment Analysis

(SG6 area)

Below Market Value

This property is priced -26.6% below area average per sq ft

-26.6%
Potential saving
This Property
£311/sq ft
Area Average
£424/sq ft
Avg Rent (weekly)
£338
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£262,335
10% above area average per sq ft
Potential ROI
+31.2%
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
13%
Properties sold annually

Local Market Trend (SG6)

Area prices are rising by +8.7% over the last 12 months
3 year growth: +10.2%
5 year growth: +18.7%
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 Garden City SG6
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£631
Based on a loan of £131,250 over 30 years at 4.06% 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.

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