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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

£825,000
Listed on 16/12/2025

Property Details

Bedrooms
5
Type
Semi-detached house
Area
2023 sqft

Description

This five-bedroom semi-detached home from the Early Garden City era spans three floors and presents a valuable opportunity for renovation. The layout is flexible, with the potential to convert the second floor into a self-contained flat, ideal for generating additional rental income or accommodating extended family. Although this property requires modernisation, its location in a desirable area combined with a spacious rear garden—approximately 150 feet long—adds significant appeal for future value enhancement. Inside, the ground floor features a generous lounge that flows into a separate dining room, alongside a fitted kitchen/breakfast room and conservatory bathed in natural light. A study, utility room, and a convenient ground-floor bathroom round out this level. On the first floor, the main bedroom boasts ample fitted wardrobe space along with two additional bedrooms and a family bathroom. The expansive second floor includes versatile living spaces with a kitchenette offering potential for further development. Externally, off-road parking for two cars is available at the front, while mature shrubs enhance curb appeal. The west-facing rear garden not only offers outdoor leisure space but also presents a blank canvas for landscaping or expansion projects that could elevate both enjoyment and property value. Given its central location close to public transport and schools, this property represents an excellent investment opportunity for those looking to add their personal touch while benefitting from capital appreciation over time.

Investment Analysis

(SG6 area)

Below Market Value

This property is priced -2.8% below area average per sq ft

-2.8%
Potential saving
This Property
£408/sq ft
Area Average
£420/sq ft
Avg Rent (weekly)
£294
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £75,000
Target Value
£933,958
10% above area average per sq ft
Potential ROI
+3.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (SG6)

Area prices are rising by +3.8% over the last 12 months
3 year growth: 6.2%
5 year growth: 14.6%
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

Norton Way South, Letchworth Garden City SG6
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£3,022
Based on a loan of £618,750 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE