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Hall Mead, Letchworth Garden City, Hertfordshire SG6 - Image 1
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Hall Mead, Letchworth Garden City, Hertfordshire SG6

East of England

£290,000
Listed on 06/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
762 sqft

Description

This three-bedroom terraced house presents a valuable opportunity for renovation and investment. Situated within a short walk of well-regarded schools and convenient local shops, the location offers significant appeal for families and first-time buyers eager to personalize their living space. Upon entering, you are greeted by an entrance hall that leads into a spacious lounge, seamlessly connected to an open-plan dining area. A single-storey extension at the rear creates additional potential as a versatile garden room or home office, providing options for work or leisure. The galley kitchen is equipped with both floor and wall-mounted cupboard space, allowing for efficient organization while providing scope for updates and modern finishes. The first floor accommodates three generously proportioned bedrooms, complemented by a family bathroom that also invites creative enhancements. The property benefits from gas central heating and features both front and rear gardens, enhancing outdoor enjoyment while presenting landscaping possibilities. With its solid structure and prime location, this house offers not just a home but an incredible chance to invest in a property that can be transformed into a personalized haven. Viewing is strongly encouraged to fully appreciate the potential this residence holds.

Investment Analysis

(SG6 area)

Below Market Value

This property is priced -9.7% below area average per sq ft

-9.7%
Potential saving
This Property
£381/sq ft
Area Average
£421/sq ft
Avg Rent (weekly)
£286
Avg Yield
4.4%

Renovation Potential

Est. Renovation Cost
£29,000 - £72,500
10-25% of property value
Target Value
£353,217
10% above area average per sq ft
Potential ROI
-2.6%
After renovation
Monthly Sales
18
Average per month
Market Turnover
93%
Properties sold annually

Local Market Trend (SG6)

Area prices are stable by +0.6% over the last 12 months
3 year growth: 5.8%
5 year growth: 17.9%
Investment Disclaimer: Analysis based on SG6 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Hall Mead, Letchworth Garden City, Hertfordshire SG6
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