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Grove Road, Hitchin SG5

East of England

£450,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
853 sqft

Description

This Victorian terrace presents a unique opportunity for those looking to invest and enhance a classic property. Featuring a welcoming entrance that leads into a bright sitting room with bay windows, the home offers a spacious dining area adjacent to the kitchen, allowing for an open-plan feel that could be further improved. A ground floor bathroom is conveniently located at the rear, while upstairs, you’ll discover three generously sized bedrooms that lend themselves well to reconfiguration or updates. The rear courtyard garden benefits from afternoon sunlight and has the potential to become an inviting outdoor space. With its original character intact and the advantage of being chain-free, this property is ideal for buyers keen on personalising their home in a desirable location close to transport links, amenities, and schools. Additionally, nearby parks enhance its appeal for families seeking recreational areas.

Investment Analysis

(SG5 area)

Above Market Value

This property is priced +20.0% above area average per sq ft

+20.0%
This Property
£528/sq ft
Area Average
£440/sq ft
Avg Rent (weekly)
£321
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£412,477
10% above area average per sq ft
Potential ROI
-15.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (SG5)

Area prices are stable by +1.8% over the last 12 months
3 year growth: 5.4%
5 year growth: 9.4%
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

Grove Road, Hitchin 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
£1,648
Based on a loan of £337,500 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