3 Bed Terraced House, Single Let, Hitchin, SG4 0PF, £375,000

Chaucer Way, Hitchin, Hertfordshire, SG4 0PF - 9 months ago

BTL
ROI: 1%
~111 m²
+12 photos

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£26,200

Total Cash In

£119,950

 

 

Cash Out

 

Rent Range

£1,450 - £1,850

Rent Estimate

£1,578

Running Costs/mo

£1,507

Cashflow/mo

£71

Cashflow/yr

£846

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £285K to £630K, average is £408.5K. £3K/m² to £7K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£320K12/200.01 mi115, Chaucer Way, Hitchin, Hertfordshire SG4 0PF3
£335K12/200.09 mi7, Chaucer Way, Hitchin, Hertfordshire SG4 0PE3
£390K02/230.13 mi47, Hardy Close, Hitchin, Hertfordshire SG4 0DL3
£400K08/230.13 mi36, Hardy Close, Hitchin, Hertfordshire SG4 0DL3
£300K08/210.15 mi32, Chaucer Way, Hitchin, Hertfordshire SG4 0NU3
£435K04/230.16 mi150, Hardy Close, Hitchin, Hertfordshire SG4 0DW3
£450K06/210.16 mi35, Purwell Lane, Hitchin, Hertfordshire SG4 0NF3
£447.5K02/210.21 mi12, Sanfoine Close, Hitchin, Hertfordshire SG4 0NP3
£500K11/220.21 mi125, Coleridge Close, Hitchin, Hertfordshire SG4 0QY3
£360K03/210.22 mi8, Mermaid Close, Hitchin, Hertfordshire SG4 0ET3
£400K01/210.22 mi14, Mermaid Close, Hitchin, Hertfordshire SG4 0ET3
£290K05/210.23 mi5, Benchley Hill, Hitchin, Hertfordshire SG4 0NJ3
£425K10/200.23 mi68, Purwell Lane, Hitchin, Hertfordshire SG4 0NG3
£410K03/210.23 mi5, Peppercorn Walk, Hitchin, Hertfordshire SG4 0EU3
£535K09/220.23 mi10, Peppercorn Walk, Hitchin, Hertfordshire SG4 0EU3
£370K06/230.24 mi15, Stirling Close, Hitchin, Hertfordshire SG4 0ER3
£387.5K03/210.24 mi4, Stirling Close, Hitchin, Hertfordshire SG4 0ER3
£450K11/220.24 mi5, Stirling Close, Hitchin, Hertfordshire SG4 0ER3
£440K06/210.25 mi135, Coleridge Close, Hitchin, Hertfordshire SG4 0QY3
£407K10/200.26 mi29, Thatchers End, Hitchin, Hertfordshire SG4 0PD3
£435K04/210.26 mi1, Thatchers End, Hitchin, Hertfordshire SG4 0PD3
£305K11/200.28 mi7, Maylin Close, Hitchin, Hertfordshire SG4 0NQ3
£290K11/200.28 mi47, Maylin Close, Hitchin, Hertfordshire SG4 0NQ3
£335K10/230.28 mi42, Maylin Close, Hitchin, Hertfordshire SG4 0NQ3
£350K08/210.28 mi72, Halsey Drive, Hitchin, Hertfordshire SG4 9QR3
£468K06/210.28 mi62, Wilshere Crescent, Hitchin, Hertfordshire SG4 0PG3
£575K01/210.29 mi1, Purwell Lane, Hitchin, Hertfordshire SG4 0NE3
£440K02/230.3 mi9, Talisman Street, Hitchin, Hertfordshire SG4 0EZ3
£430K02/210.3 mi39, Coleridge Close, Hitchin, Hertfordshire SG4 0QX3
£457.3K01/210.31 mi62, Coleridge Close, Hitchin, Hertfordshire SG4 0QX3
£395K06/210.31 mi24, St Michaels Road, Hitchin, Hertfordshire SG4 0PZ3
£450K01/210.31 mi10, Halsey Drive, Hitchin, Hertfordshire SG4 9QH3
£465K10/210.32 mi8, Kings Down, Hitchin, Hertfordshire SG4 9QP3
£401K11/210.32 mi18, Kings Down, Hitchin, Hertfordshire SG4 9QP3
£345K08/230.34 mi3, Fairfield Way, Hitchin, Hertfordshire SG4 0PU3
£285K11/200.35 mi65, Desborough Road, Hitchin, Hertfordshire SG4 0NN3
£584K02/230.36 mi154, Wymondley Road, Hitchin, Hertfordshire SG4 9QJ3
£400K02/230.38 mi20, Kingswood Avenue, Hitchin, Hertfordshire SG4 0PA3
£500K12/200.38 mi81, Halsey Drive, Hitchin, Hertfordshire SG4 9PZ3
£465K04/210.38 mi73, Halsey Drive, Hitchin, Hertfordshire SG4 9PZ3
£494.5K03/210.39 mi23, Bowmans Avenue, Hitchin, Hertfordshire SG4 9QD3
£630K08/230.39 mi9, Bowmans Avenue, Hitchin, Hertfordshire SG4 9QD3
£380K11/200.4 mi30, Bradleys Corner, Hitchin, Hertfordshire SG4 0PR3
£500K11/220.4 mi11, Bradleys Corner, Hitchin, Hertfordshire SG4 0PR3
£390K02/210.41 mi45, Browning Drive, Hitchin, Hertfordshire SG4 0QR3
£397.5K11/200.41 mi138, Ninesprings Way, Hitchin, Hertfordshire SG4 9NZ3
£380K01/230.41 mi48, Girons Close, Hitchin, Hertfordshire SG4 9PG3
£520.4K11/220.42 mi12, Mountjoy, Hitchin, Hertfordshire SG4 0PS3
£500K04/230.43 mi81, Willian Road, Hitchin, Hertfordshire SG4 0LS3
£365K05/210.43 mi6, Girons Close, Hitchin, Hertfordshire SG4 9PG3

Local Rents

10 rents from £1.4K/mo to £1.9K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,85005/240.22 mi-3
£1,80012/240.23 miPeppercorn Walk, Hitchin , SG4 0EU3
£1,85006/240.24 mi-3
£1,70012/240.25 miSturrock Way, Hertfordshire, Hitchin, SG43
£1,55002/240.26 mi-3
£1,45003/250.27 mi-3
£1,75012/230.46 mi-3
£1,70012/240.56 miMeadowbank, Hitchin, Hertfordshire3
£1,70008/240.59 miAston Rise, Hitchin, Hitchin, SG43
£1,70012/240.61 miCommon Rise, HITCHIN3

Property History

Listed for £375,000

June 29, 2024

Floor Plans

Description

A fantastic opportunity to purchase this three bedroom townhouse with a generous Garden, a Garage and off street parking.

This spacious family home is arranged over three floors and comprises of a well presented Kitchen/Dining area and WC on the ground floor, the Living room, Bedroom three and family Bathroom on the first floor and two double bedrooms on the top floor. Having the three floors offers versatile living accommodation and further benefits from ample storage space on each level. Externally the property comes with a rear garden which is mainly laid to lawn and has gated access leading onto the neighbouring stream, an integral Garage and a driveway for two cars. Further benefits include gas central heating, double glazing and good access to popular schools and Hitchin station. This would make a brilliant family home but also lends itself as a good buy to let investment for the right buyer. Viewing is highly recommended!

Hitchin is renowned for its lively atmosphere created by its host of popular shops, restaurants, bars and leisure facilities. This is accompanied by convenient links into London, Cambridge and Peterborough via both direct rail link and the A1(m).

Agent Details

Taylors Estate Agents, Hitchin

01462 415972

Next Steps?

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