2 Bed Terraced House, Single Let, Hitchin, SG5 3DZ, £300,000

Kings Walden Road, Offley, Hitchin, SG5 3DZ - 1 views - 7 months ago

Sold STC
BTL
ROI: 1%
~68 m²
+12 photos

ValuationUndervalued

Sold Prices£205K - £590K
Sold Prices/m²£3K/m² - £7.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.4K/m²

Value Estimate

£307,857
BMV3%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£12,700

Total Cash In

£87,700

 

 

Cash Out

 

Rent Range

£1,200 - £2,950

Rent Estimate

£1,296

Running Costs/mo

£1,217

Cashflow/mo

£79

Cashflow/yr

£952

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £205K to £590K, average is £282.5K. £3K/m² to £7.8K/m², average is £4.5K/m².

PriceDateDistanceAddressBeds 
£330K03/210.29 mi29, High Street, Offley, Hitchin, Hertfordshire SG5 3AP2
£272.5K09/231.62 mi57a, West Street, Lilley, Luton, Hertfordshire LU2 8LH2
£390K07/231.71 mi26, Rueley Dell Road, Lilley, Luton, Hertfordshire LU2 8LR2
£470K06/212.4 mi14, High View, Hitchin, Hertfordshire SG5 2HL2
£425K03/212.45 mi53, Hawthorn Close, Hitchin, Hertfordshire SG5 2BP2
£330K04/232.46 mi4, Triggs Way, Cockernhoe, Luton, Hertfordshire LU2 8QB2
£345K10/222.53 mi16, The Heath, Breachwood Green, Hitchin, Hertfordshire SG4 8PJ2
£296K12/212.53 mi17, The Heath, Breachwood Green, Hitchin, Hertfordshire SG4 8PJ2
£408.5K08/212.55 mi27, Wratten Road West, Hitchin, Hertfordshire SG5 2AX2
£295K12/232.6 mi168, Putteridge Road, Stopsley, Luton LU2 8HJ2
£570K01/232.6 mi3, Darley Hall, Luton, Hertfordshire LU2 8PP2
£312K12/222.61 mi187, Chesford Road, Luton LU2 8DP2
£268K09/212.62 mi15, Field End Close, Luton LU2 8DU2
£250K06/212.62 mi166, Putteridge Road, Luton LU2 8HJ2
£230K12/202.62 mi108, Chesford Road, Luton LU2 8DR2
£278K10/212.62 mi128, Chesford Road, Luton LU2 8DR2
£245K09/212.64 mi11, Tameton Close, Luton LU2 8UX2
£373K02/212.67 mi26, Bedford Street, Hitchin, Hertfordshire SG5 2JG2
£227K12/202.67 mi170, Chesford Road, Luton LU2 8DS2
£264K05/212.67 mi193, Chesford Road, Luton LU2 8DS2
£281K05/232.67 mi154, Chesford Road, Luton LU2 8DS2
£416K02/212.67 mi20, Bedford Street, Hitchin, Hertfordshire SG5 2JG2
£227K12/202.67 mi170, Chesford Road, Luton LU2 8DS2
£265K11/212.68 mi3, West Way, Luton LU2 8DZ2
£590K06/232.7 mi71, Tilehouse Street, Hitchin, Hertfordshire SG5 2DY2
£320K04/212.7 mi1 Winch's Yard, Rear Of 85, Tilehouse Street, Hitchin, Hertfordshire SG5 2DY2
£205K01/232.71 mi14, Cheslyn Close, Luton LU2 8UA2
£280K01/232.71 mi25, Cheslyn Close, Luton LU2 8UA2
£232.5K03/242.71 mi40, Cheslyn Close, Luton LU2 8UA2
£220K04/212.72 mi112, Putteridge Road, Stopsley, Luton LU2 8HQ2
£250K06/212.72 mi110, Putteridge Road, Luton LU2 8HQ2
£284K06/232.72 mi112, Putteridge Road, Stopsley, Luton LU2 8HQ2
£234K02/212.72 mi116, Putteridge Road, Luton LU2 8HQ2
£445K01/232.73 mi16, Oughton Head Way, Hitchin, Hertfordshire SG5 2LA2
£290K04/232.73 mi48, Chesford Road, Luton LU2 8BE2
£240K06/212.73 mi32, Chesford Road, Luton LU2 8BE2
£258K02/212.73 mi21, Chesford Road, Luton LU2 8BE2
£467K09/212.73 miWoodlands, Park Street, Hitchin, Hertfordshire SG4 9AH2
£417.2K02/212.73 mi8, Park Street, Hitchin, Hertfordshire SG4 9AH2
£355K01/212.74 mi38, Old Park Road, Hitchin, Hertfordshire SG5 2JX2
£235K12/202.74 mi43, Applecroft Road, Luton LU2 8BB2
£260K03/212.74 mi32, Old Park Road, Hitchin, Hertfordshire SG5 2JT2
£252.5K10/202.74 mi42, Applecroft Road, Luton LU2 8BD2
£303.5K05/232.75 mi75, Applecroft Road, Luton LU2 8BB2
£300K10/232.75 mi25, Applecroft Road, Luton LU2 8BB2
£435K08/212.75 miChiltern View, Hitchin Road, Pegsdon, Hitchin, Central Bedfordshire SG5 3JT2
£243.5K08/232.76 mi9, Felbrigg Close, Luton LU2 8UL2
£463.5K02/212.78 mi11b, Bedford Road, Hitchin, Hertfordshire SG5 2TP2
£275K12/222.78 mi56, Claverley Green, Luton LU2 8TA2
£270K04/212.78 mi62, Claverley Green, Luton LU2 8TA2

Local Rents

11 rents from £1.2K/mo to £3K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,50012/240.32 miGarden Fields, Offley, Hitchin, Hertfordshire, SG52
£1,45012/240.38 miJohn Hall Court, Great Offley, Nr Hitchin2
£1,30008/241.35 mi Kings Walden, Hitchin, SG42
£2,95012/241.54 miLilley, Nr Hitchin, Hertfordshire5
£1,50005/241.71 mi3 bedroom House - Lilley near Luton/Hitchin - LU2 8LR3
£1,20005/241.72 miOld School Court, Lilley2
£1,29512/242.12 miViva Court, Kimpton Road, Luton, LU21
£2,00008/242.25 miCastlefield, Preston, Hitchin, SG43
£2,50008/242.26 miCastlefield, Preston, Hertfordshire, SG43
£1,90012/242.31 mi-3
£2,25008/242.41 miMoormead Close, Hitchin, SG53

Local Area Statistics

Population in SG5

31,306

Population in Hitchin

60,216

Town centre distance

3.15 miles away

Nearest school

0.50 miles away

Nearest train station

3.58 miles away

 

 

Rental demand

Landlord's market

Sales demand

Balanced market

Capital growth (5yrs)

+13%

Property History

Listed for £300,000

September 11, 2024

Floor Plans

Description

  • Two Bedrooms +
  • Large Garden +
  • Village Location +
  • Chain Free +
  • Ideal First Time Buy +

SUMMARY
A chain free two bedroom period cottage situated in the peaceful Hertfordshire village of Offley. Offering fully refurbished accommodation throughout with two good size bedrooms and a large rear garden. Ideal first time buy.

DESCRIPTION
A beautifully presented cottage situated in a highly sought after village location. This property would suit a first-time buyer perfectly and offers a cosy lounge, kitchen and bathroom to the ground floor with two well proportioned bedrooms upstairs. There is also the benefit of a basement which would make an ideal home office. The rear garden is completely private and a great size while two public houses, Offley recreation club and other local amenities including a gym and cafe, are also within a short stroll.

Ground Floor 

Lounge 12' 6" max x 9' 6" max ( 3.81m max x 2.90m max )
Double glazed window and door to front aspect, feature log burner, TV point, trap door to cellar and radiator. Stairs leading to first floor.

Kitchen 10' max x 6' max ( 3.05m max x 1.83m max )
Fully fitted kitchen with double glazed widow to rear aspect, a range of wall and base units, work surfaces with tiled splashbacks, electric oven and hob with cooker hood over, space for washing machine and tiled flooring.

Utility Room 
Double glazed door to side aspect, space for fridge/freezer, spotlights and tiled slate floor.

Cellar 
Double glazed window to front aspect, wood effect flooring and radiator.

First Floor 

Bedroom One 9' 7" x 9' 6" ( 2.92m x 2.90m )
Double glazed window to front aspect, small overstairs storage, loft access, spotlights and radiator.

Bedroom Two 9' 3" x 6' 2" ( 2.82m x 1.88m )
Double glazed window to rear aspect and radiator.

Bathroom 
Double glazed window to side aspect, wash hand basin with mixer tap and storage underneath, panelled bath with shower, WC and heated towel rail.

Outside 

Rear Garden 
A lovely size low maintenance rear garden with patio, large shingled seating area and outdoor storage.

Disclaimer 
Under the terms of the Estate Agency Act 1979 (section 21) please note that the vendor of this property is an Associate of an Employee of the Connells Group of companies.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Agent Details

Connells, Hitchin

01462 416422

Next Steps?

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