2 Bed Terraced House, Single Let, Hitchin, SG5 4BX, £200,000

Common Road, Stotfold, SG5 4BX - a year ago

BTL
ROI: 4%
~67 m²
+11 photos

ValuationUndervalued

Sold Prices£221K - £710K
Sold Prices/m²£3.3K/m² - £5.7K/m²

 

 

Square Metres

~66.70 m²
Price/m²£3K/m²

Value Estimate

£242,000
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£11,200

Total Cash In

£61,200

 

 

Cash Out

 

Rent Range

£950 - £1,375

Rent Estimate

£1,063

Running Costs/mo

£858

Cashflow/mo

£205

Cashflow/yr

£2,465

ROI

4%

Gross Yield

6%

Local Sold Prices

30 sold prices from £221K to £710K, average is £325K. £3.3K/m² to £5.7K/m², average is £4.6K/m².

PriceDateDistanceAddressBeds 
£287K02/210.01 mi25, Common Road, Stotfold, Hitchin, Bedfordshire SG5 4BX2
£260K07/230.01 mi19, Common Road, Stotfold, Hitchin, Central Bedfordshire SG5 4BX2
£243K04/210.05 mi9, The Green, Stotfold, Hitchin, Central Bedfordshire SG5 4AH2
£455K02/210.06 mi4, Netherstones, Stotfold, Hitchin, Bedfordshire SG5 4BS2
£425K09/210.13 mi16, Ivel Way, Stotfold, Hitchin, Bedfordshire SG5 4DA2
£425K06/210.13 mi43, The Green, Stotfold, Hitchin, Bedfordshire SG5 4AN2
£265K08/210.2 mi3, Blacksmiths Close, Stotfold, Hitchin, Bedfordshire SG5 4QR2
£325K01/210.21 mi85, Mowbray Crescent, Stotfold, Hitchin, Bedfordshire SG5 4DY2
£395K12/220.24 mi31, Home Close, Stotfold, Hitchin, Central Bedfordshire SG5 4DJ2
£458K04/230.26 mi9, Rook Tree Lane, Stotfold, Hitchin, Central Bedfordshire SG5 4DQ2
£375K03/210.28 mi37a, Church Road, Stotfold, Hitchin, Bedfordshire SG5 4LZ2
£400K06/210.35 mi5e, Upperstone Close, Stotfold, Hitchin, Bedfordshire SG5 4LW2
£221K10/200.35 mi24, Upperstone Close, Stotfold, Hitchin, Bedfordshire SG5 4LW2
£255K01/210.35 mi18, Upperstone Close, Stotfold, Hitchin, Central Bedfordshire SG5 4LW2
£280K03/210.48 mi23, The Crofts, Stotfold, Hitchin, Bedfordshire SG5 4NQ2
£313K12/200.54 miUpolo Cottage, 19a, Brook Street, Stotfold, Hitchin, Bedfordshire SG5 4LA2
£290K10/200.55 mi75, Arlesey Road, Stotfold, Hitchin, Central Bedfordshire SG5 4HE2
£235K04/210.59 mi25, Mulberry Close, Stotfold, Hitchin, Bedfordshire SG5 4NL2
£325K07/230.59 mi25, Grange Drive, Stotfold, Hitchin, Central Bedfordshire SG5 4NJ2
£298K05/210.61 mi8, Prince Charles Avenue, Stotfold, Hitchin, Bedfordshire SG5 4PN2
£390K02/210.67 mi17, Murrell Lane, Stotfold, Hitchin, Bedfordshire SG5 4PP2
£285K09/210.7 mi14, Marigold Way, Stotfold, Hitchin, Central Bedfordshire SG5 4HQ2
£274K10/200.7 mi16, Marigold Way, Stotfold, Hitchin, Central Bedfordshire SG5 4HQ2
£295K01/210.72 mi70, Hitchin Road, Stotfold, Hitchin, Central Bedfordshire SG5 4HT2
£400K07/230.72 mi17, Hazel Grove, Stotfold, Hitchin, Central Bedfordshire SG5 4JZ2
£350K11/200.73 mi39, Baldock Road, Stotfold, Hitchin, Central Bedfordshire SG5 4PB2
£710K03/210.8 mi2, Campion Avenue, Stotfold, Hitchin, Central Bedfordshire SG5 4JR2
£325K05/230.87 mi45, Highbush Road, Stotfold, Hitchin, Central Bedfordshire SG5 4JA2
£365K11/200.89 mi188, Hitchin Road, Stotfold, Hitchin, Bedfordshire SG5 4JE2
£399K03/230.89 mi150, Hitchin Road, Stotfold, Hitchin, Central Bedfordshire SG5 4JE2

Local Rents

10 rents from £950/mo to £1.4K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,25008/240.06 miThe Green, Stotfold, Hitchin, SG52
£1,25004/240.27 mi-2
£1,35005/240.31 mi-2
£1,37504/250.31 mi-2
£1,15008/240.36 miUpperstone Close, Stotfold, Hitchin, SG52
£1,05004/250.41 mi-2
£95010/240.47 mi-2
£1,15012/240.53 mi-2
£1,15008/230.53 mi-2
£1,35002/250.86 mi-2

Local Area Statistics

Population in SG5

31,306

Population in Hitchin

60,216

Town centre distance

5.17 miles away

Nearest school

0.30 miles away

Nearest train station

1.66 miles away

 

 

Rental demand

Landlord's market

Sales demand

Balanced market

Capital growth (5yrs)

+13%

Property History

Price changed to £200,000

March 24, 2025

Price changed to £225,000

January 11, 2025

Listed for £235,000

May 3, 2024

Floor Plans

Description

  • Westerly facing rear garden +
  • Open fireplace to living room +
  • Useful outbuilding with plumbing, power and light +
  • Outbuilding could be converted to workspace subject to any necessary consents +
  • Excellent commuter access into London via Arlesey mainline station (St Pancras in 38 mins) +
  • Countryside walks on your doorstep +

GUIDE PRICE £200,000 - £225,000 - OPEN HOUSE - 29th March BY APPOINTMENT ONLY - Offered with no upward chain, make your mark on this 1/2 bedroom cottage set in the popular town of Stotfold with excellent commuter links onto the A1(M) and mainline station at nearby Arlesey.

Agent Details

Country Properties, Stotfold

01462 412883

Next Steps?

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