2 Bed Terraced House, Single Let, Hitchin, SG4 0JL, £340,000

Cooks Way, Hitchin, SG4 0JL - a year ago

BTL

~68 m²

+9 photos

ValuationUndervalued

Sold Prices	£250K - £525K
Sold Prices/m²	£4.7K/m² - £8.1K/m²

Square Metres	~68.11 m²
Price/m²	£5K/m²
Value Estimate	£399,487£399,487
BMV	17%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£85,000£85,000
Stamp Duty & Legal Fees	£22,700£22,700
Total Cash In	£107,700£107,700

Cash Out
Rent Range	£900 - £1,650£900 - £1,650
Rent Estimate	£1,081
Running Costs/mo	£1,299£1,299
Cashflow/mo	£-218£-218
Cashflow/yr	£-2,612£-2,612
Gross Yield	4%4%

Local Sold Prices

50 sold prices from £250K to £525K, average is £387.5K. £4.7K/m² to £8.1K/m², average is £5.9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£365K	11/20	0.07 mi	153, Common Rise, Hitchin, Hertfordshire SG4 0HS	£5,887	62	2	Semi-Detached House
£372.5K	06/21	0.2 mi	94, Nightingale Road, Hitchin, Hertfordshire SG5 1RL	£5,806	64	2	Terraced House
£360K	09/21	0.21 mi	21, Byron Close, Hitchin, Hertfordshire SG4 0QS	£6,545	55	2	Terraced House
£335K	02/21	0.21 mi	2, Byron Close, Hitchin, Hertfordshire SG4 0QS	£5,317	63	2	Semi-Detached House
£425K	02/23	0.21 mi	44, Byron Close, Hitchin, Hertfordshire SG4 0QS	£6,489	66	2	Terraced House
£405K	11/22	0.24 mi	Maple House, Green Lane, Hitchin, Hertfordshire SG4 0BU	£7,788	52	2	Semi-Detached House
£420K	06/21	0.25 mi	20, Woolgrove Road, Hitchin, Hertfordshire SG4 0AT	£5,455	77	2	Terraced House
£462.5K	09/21	0.25 mi	Flat 24, Starlings Bridge, Nightingale Road, Hitchin, Hertfordshire SG5 1QW	-	-	2	Terraced House
£350K	06/21	0.26 mi	50, Dacre Road, Hitchin, Hertfordshire SG5 1QL	£6,250	56	2	Terraced House
£403K	04/21	0.26 mi	53, Dacre Road, Hitchin, Hertfordshire SG5 1QL	£6,500	62	2	Terraced House
£435K	03/21	0.27 mi	23, Woolgrove Road, Hitchin, Hertfordshire SG4 0AT	£4,998	87	2	Terraced House
£420K	11/22	0.28 mi	66, Browning Drive, Hitchin, Hertfordshire SG4 0QR	£6,462	65	2	Semi-Detached House
£395K	07/23	0.28 mi	65, Browning Drive, Hitchin, Hertfordshire SG4 0QR	£6,120	65	2	Semi-Detached House
£280K	01/23	0.29 mi	19b, Woolgrove Road, Hitchin, Hertfordshire SG4 0AT	-	-	2	Terraced House
£310K	04/21	0.29 mi	2, Woolgrove Road, Hitchin, Hertfordshire SG4 0AS	-	-	2	Terraced House
£405K	03/21	0.29 mi	11, Woolgrove Road, Hitchin, Hertfordshire SG4 0AS	-	-	2	Terraced House
£360K	06/21	0.29 mi	92, Cambridge Road, Hitchin, Hertfordshire SG4 0JH	£6,207	58	2	Terraced House
£375.5K	03/21	0.3 mi	39, Radcliffe Road, Hitchin, Hertfordshire SG5 1QH	£4,941	76	2	Terraced House
£412.5K	03/21	0.3 mi	52, Radcliffe Road, Hitchin, Hertfordshire SG5 1QH	£6,346	65	2	Terraced House
£390K	04/21	0.31 mi	6, Orchard Road, Hitchin, Hertfordshire SG4 0BP	£5,735	68	2	Terraced House
£485K	04/23	0.32 mi	102, Grove Road, Hitchin, Hertfordshire SG5 1SG	-	-	2	Terraced House
£465K	01/21	0.32 mi	70, Grove Road, Hitchin, Hertfordshire SG5 1SG	£5,345	87	2	Terraced House
£395K	06/21	0.32 mi	57, Grove Road, Hitchin, Hertfordshire SG5 1SG	£5,323	74	2	Terraced House
£350K	06/21	0.33 mi	8, Florence Street, Hitchin, Hertfordshire SG5 1QZ	£5,221	67	2	Terraced House
£450K	12/20	0.33 mi	20, Florence Street, Hitchin, Hertfordshire SG5 1QZ	£7,258	62	2	Semi-Detached House
£260K	06/21	0.33 mi	Flat 14, St Annes Court, St Annes Road, Hitchin, Hertfordshire SG5 1QB	-	-	2	Terraced House
£505K	12/22	0.34 mi	44, Stormont Road, Hitchin, Hertfordshire SG5 1SH	-	-	2	Detached House
£525K	01/23	0.35 mi	43a, Grove Road, Hitchin, Hertfordshire SG5 1SG	£6,481	81	2	Terraced House
£357.5K	11/20	0.36 mi	12, Campbell Close, Hitchin, Hertfordshire SG4 0RH	£4,711	76	2	Semi-Detached House
£351K	09/21	0.36 mi	9, Campbell Close, Hitchin, Hertfordshire SG4 0RH	£6,382	55	2	Terraced House
£450K	03/23	0.36 mi	4, Trevor Road, Hitchin, Hertfordshire SG4 9TA	£6,164	73	2	Semi-Detached House
£365K	01/21	0.36 mi	17, Trevor Road, Hitchin, Hertfordshire SG4 9TA	£5,794	63	2	Terraced House
£335K	06/21	0.36 mi	31, Trevor Road, Hitchin, Hertfordshire SG4 9TA	£4,786	70	2	Terraced House
£368.5K	04/21	0.36 mi	23, Trevor Road, Hitchin, Hertfordshire SG4 9TA	£6,952	53	2	Terraced House
£425K	06/21	0.36 mi	5, Periwinkle Lane, Hitchin, Hertfordshire SG5 1TY	£8,123	52	2	Terraced House
£445K	11/20	0.37 mi	37, Verulam Road, Hitchin, Hertfordshire SG5 1QA	£5,298	84	2	Semi-Detached House
£317.5K	06/21	0.37 mi	13, Verulam Road, Hitchin, Hertfordshire SG5 1QA	£5,815	55	2	Terraced House
£292.5K	06/21	0.37 mi	11, Verulam Road, Hitchin, Hertfordshire SG5 1QA	-	-	2	Terraced House
£440K	06/23	0.38 mi	11, Grove Road, Hitchin, Hertfordshire SG5 1SE	-	-	2	Terraced House
£515K	11/21	0.39 mi	15, Grove Road, Hitchin, Hertfordshire SG5 1SE	£5,787	89	2	Terraced House
£370K	03/21	0.4 mi	31, Benslow Lane, Hitchin, Hertfordshire SG4 9RE	£7,255	51	2	Terraced House
£385K	04/21	0.4 mi	1b, Benslow Lane, Hitchin, Hertfordshire SG4 9RE	£6,875	56	2	Terraced House
£370K	08/23	0.41 mi	34, Coleridge Close, Hitchin, Hertfordshire SG4 0QX	£5,536	67	2	Semi-Detached House
£433K	08/23	0.45 mi	97, Coleridge Close, Hitchin, Hertfordshire SG4 0QY	£6,099	71	2	Semi-Detached House
£250K	11/20	0.46 mi	29, Chennells Close, Hitchin, Hertfordshire SG4 0EA	£5,435	46	2	Terraced House
£270K	10/20	0.46 mi	35, Chennells Close, Hitchin, Hertfordshire SG4 0EA	£4,881	55	2	Terraced House
£485K	10/23	0.46 mi	23, Grovelands Avenue, Hitchin, Hertfordshire SG4 0QT	£5,843	83	2	Semi-Detached House
£397K	11/20	0.47 mi	7, Clare Gardens, Hitchin, Hertfordshire SG4 9SQ	£6,108	65	2	Semi-Detached House
£350K	04/23	0.48 mi	38, Armour Rise, Hitchin, Hertfordshire SG4 0RJ	-	-	2	Semi-Detached House
£385K	02/21	0.48 mi	49, Harrison Close, Hitchin, Hertfordshire SG4 9SG	£4,936	78	2	Terraced House

Local Rents

51 rents from £900/mo to £1.6K/mo, average is £1.4K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,400	05/23	0.02 mi	-	2	Flat
£1,150	03/25	0.06 mi	-	2	Flat
£1,150	03/25	0.06 mi	-	2	Flat
£1,200	08/24	0.06 mi	Sharps Court , Hitchin	2	Flat
£1,295	12/24	0.07 mi	Sharps Court, Cooks Way, Hitchin, SG4	2	Flat
£1,375	07/23	0.17 mi	-	2	Semi-Detached House
£1,420	04/24	0.17 mi	-	2	Semi-Detached House
£900	08/24	0.2 mi	Redoubt Close, Hitchin, SG4	2	Flat
£1,250	08/24	0.22 mi	Walsworth Road, HITCHIN, SG4	2	Flat
£1,125	12/24	0.23 mi	-	2	Flat
£1,450	12/24	0.25 mi	Lyon Court, Walsworth Road, Hitchin, SG4	2	Flat
£1,300	12/24	0.25 mi	Lyon Court, Walsworth Road, Hitchin, SG4	2	Flat
£1,250	12/24	0.26 mi	-	2	Flat
£1,325	01/25	0.26 mi	-	2	Flat
£1,425	12/24	0.26 mi	Grove Road, Hitchin, SG4	2	Flat
£1,425	12/24	0.26 mi	Watersmeet, Hitchin, SG4	2	Flat
£1,500	12/24	0.27 mi	Watersmeet , Hitchin ,SG4 0AW	2	Flat
£1,300	08/24	0.28 mi	Browning Drive, HITCHIN	2	Flat
£1,300	12/24	0.29 mi	Sanders Place, Walsworth Road, Hitchin	2	Flat
£1,200	08/24	0.3 mi	Grove Mill Court, Grove Road, Hitchin, SG4	2	Flat
£1,350	12/24	0.31 mi	Sanders Place, Walsworth Road, Hitchin, SG4	2	Flat
£1,650	02/24	0.31 mi	-	2	Terraced House
£1,350	07/24	0.32 mi	-	2	Flat
£1,150	08/24	0.32 mi	Walsworth Road, Hitchin, Hertfordshire, SG4	2	Flat
£1,300	12/24	0.32 mi	-	2	Flat
£1,250	08/24	0.32 mi	Nightingale Road, Hitchin, SG5	2	Terraced House
£1,200	08/24	0.33 mi	St Annes Road, Hitchin, SG5	2	Flat
£1,450	12/24	0.34 mi	Allwoods Place, Hitchin, Hertfordshire, SG4	2	Flat
£1,400	08/24	0.35 mi	Allwoods Place, Hitchin	2	Flat
£1,400	08/24	0.35 mi	Allwoods Place, Hitchin, SG4	2	Flat
£1,600	08/24	0.36 mi	Radcliffe Road, Hitchin, SG5	2	Terraced House
£1,300	12/24	0.36 mi	Dolphin House, Periwinkle Lane, Hitchin, SG5	2	Flat
£1,500	08/24	0.37 mi	Nightingale Road	2	Terraced House
£1,400	08/24	0.37 mi	Hitchin, Hertfordshire	2	Flat
£1,395	08/24	0.37 mi	Verulam Road, Hitchin, SG5	2	Flat
£1,580	09/24	0.38 mi	-	2	Terraced House
£1,295	08/24	0.38 mi	-	2	Flat
£1,600	12/24	0.39 mi	-	2	Flat
£1,300	08/24	0.39 mi	-	2	Flat
£1,300	12/24	0.41 mi	Coleridge Close Hitchin, SG4 0QX	2	Terraced House
£1,400	01/25	0.41 mi	-	2	Flat
£1,400	12/24	0.45 mi	Cadwell Green, Cadwell Lane, Hitchin, SG4	2	Flat
£1,500	07/24	0.45 mi	-	2	Terraced House
£1,500	08/24	0.45 mi	Coleridge Close, Hitchin, SG4	2	Flat
£1,300	01/25	0.46 mi	-	2	Flat
£1,200	02/24	0.49 mi	-	2	Flat
£1,165	02/24	0.49 mi	-	2	Flat
£1,450	02/25	0.49 mi	-	2	Flat
£1,075	03/25	0.49 mi	-	2	Flat
£1,500	04/25	0.49 mi	-	2	Flat
£1,350	04/25	0.5 mi	-	2	Flat

Local Area Statistics

Population in SG4	28,86428,864
Population in Hitchin	60,21660,216
Town centre distance	0.50 miles away0.50 miles away
Nearest school	0.40 miles away0.40 miles away
Nearest train station	0.22 miles away0.22 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+4%+4%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+18%+18%

Property History

Price changed to £340,000

March 28, 2025

Listed for £350,000

February 10, 2024

Floor Plans

Description

Two Double Bedrooms, one with fitted wardrobes +
Downstairs Cloakroom +
Enclosed Rear Garden +
Carport To Rear +
Fitted Kitchen +
Close Proximity to Train Station +
Walking Distance to the Town Centre +

We are delighted to offer for sale this well presented and modern two double bedroom mid terrace home. The property is ideally situated for access to the mainline train station and is within walking distance of the town centre. The property boasts a modern fitted kitchen, a cloakroom, a well presented bathroom, an enclosed rear garden and two parking spaces to the rear, one of which is under a car port. Viewing is strongly advised to avoid missing this great first time buy/investment purchase. 4G great data and voiceBrick

Agent Details

Stonegate Estates, Hitchin

01462 438979

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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ValuationUndervalued

CashflowsOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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Cashflows

Local Sold Prices

Local Rents