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Oughton Close, Hitchin, Hertfordshire SG5 - Image 1
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Oughton Close, Hitchin, Hertfordshire SG5

East of England

£140,000
Listed on 29/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
632 sqft

Description

This spacious two-bedroom double unit offers significant renovation potential, situated on the desirable Oughton Close residential park at the end of Victoria Road. While currently in need of updating, the layout presents a wealth of opportunities for improvement. The entrance hall leads into a kitchen featuring wooden cabinets, an integrated oven, and an electric hob, along with ample space for additional appliances like a washing machine and fridge. Although it's configured with one primary bedroom and a second room off the kitchen that's being utilized as a dining area, this could easily be reimagined to enhance functionality. The main bedroom provides generous dimensions, while the airy lounge is ideal for entertaining. A family bathroom completes the layout with basic amenities. Outside, the property boasts a garden with shingle and paved areas bordered by mature shrubs, alongside a driveway accommodating parking for one vehicle. Oughton Close represents a small community of around 24 homes nestled against open fields, offering a quiet retreat just half a mile from Hitchin town centre and within walking distance to convenient transport links.

Investment Analysis

(SG5 area)

Below Market Value

This property is priced -49.4% below area average per sq ft

-49.4%
Potential saving
This Property
£222/sq ft
Area Average
£438/sq ft
Avg Rent (weekly)
£327
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£304,324
10% above area average per sq ft
Potential ROI
+79.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
49%
Properties sold annually

Local Market Trend (SG5)

Area prices are rising by +2.8% over the last 12 months
3 year growth: 6.1%
5 year growth: 10.4%
Investment Disclaimer: Analysis based on SG5 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

Oughton Close, Hitchin, Hertfordshire SG5
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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
£513
Based on a loan of £105,000 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