3 Bed Semi-Detached House, Single Let, Hitchin, SG5 2UN, £495,000

Wellingham Avenue, Hitchin, SG5 2UN - 5 views - 4 months ago

Sold STC
BTL
~93 m²
+12 photos

ValuationOvervalued

Sold Prices£275K - £800K
Sold Prices/m²£3.3K/m² - £7.1K/m²

 

 

Square Metres

~93 m²
Price/m²£5.3K/m²

Value Estimate

£475,000

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£123,750

Stamp Duty & Legal Fees

£28,300

Total Cash In

£152,050

 

 

Cash Out

 

Rent Range

£1,500 - £2,250

Rent Estimate

£1,597

Running Costs/mo

£1,886

Cashflow/mo

£-289

Cashflow/yr

£-3,471

Gross Yield

4%

Local Sold Prices

50 sold prices from £275K to £800K, average is £444.5K. £3.3K/m² to £7.1K/m², average is £5.1K/m².

PriceDateDistanceAddressBeds 
£535K06/230 mi107, Wellingham Avenue, Hitchin, Hertfordshire SG5 2UN3
£365K03/210.04 mi121, Milestone Road, Hitchin, Hertfordshire SG5 2SY3
£800K11/210.07 mi100, Bedford Road, Hitchin, Hertfordshire SG5 2UE3
£427K01/210.07 mi205, Bedford Road, Hitchin, Hertfordshire SG5 2UE3
£322K03/230.1 mi35, Milestone Road, Hitchin, Hertfordshire SG5 2SZ3
£290K05/210.1 mi32, Milestone Road, Hitchin, Hertfordshire SG5 2SZ3
£590K01/210.13 mi3, Deacons Way, Hitchin, Hertfordshire SG5 2UF3
£490K03/210.13 mi5, Times Close, Hitchin, Hertfordshire SG5 2UT3
£506.6K06/210.13 mi3, Times Close, Hitchin, Hertfordshire SG5 2UT3
£425K01/210.14 mi146, Bedford Road, Hitchin, Hertfordshire SG5 2UP3
£415K12/220.14 mi78, Westmill Road, Hitchin, Hertfordshire SG5 2SD3
£395K11/220.14 mi37, Westmill Road, Hitchin, Hertfordshire SG5 2SD3
£455K06/230.14 mi72, Westmill Road, Hitchin, Hertfordshire SG5 2SD3
£662.5K12/200.18 mi21, Bearton Green, Hitchin, Hertfordshire SG5 1UN3
£417.5K01/230.22 mi72, Burford Way, Hitchin, Hertfordshire SG5 2XE3
£382.3K06/210.24 mi67, Burford Way, Hitchin, Hertfordshire SG5 2XH3
£370K04/230.27 mi23, Hine Way, Hitchin, Hertfordshire SG5 2SL3
£545K03/210.31 mi50, Bearton Road, Hitchin, Hertfordshire SG5 1UF3
£730K06/210.31 mi103, Bearton Road, Hitchin, Hertfordshire SG5 1UF3
£547.5K11/200.32 mi26, Old Hale Way, Hitchin, Hertfordshire SG5 1XJ3
£317.5K03/210.34 mi32, Bingen Road, Hitchin, Hertfordshire SG5 2PR3
£415K07/230.35 mi94, Swinburne Avenue, Hitchin, Hertfordshire SG5 2QZ3
£475K02/210.36 mi42, Swinburne Avenue, Hitchin, Hertfordshire SG5 2RL3
£650K02/210.36 mi50, Lancaster Avenue, Hitchin, Hertfordshire SG5 1PB3
£460K06/210.38 mi67, Symonds Road, Hitchin, Hertfordshire SG5 2JJ3
£515K08/230.38 mi67, Symonds Road, Hitchin, Hertfordshire SG5 2JJ3
£445K04/230.38 mi63, Symonds Road, Hitchin, Hertfordshire SG5 2JJ3
£395K10/200.39 mi92, Symonds Road, Hitchin, Hertfordshire SG5 2JL3
£425K01/210.39 mi80, Swinburne Avenue, Hitchin, Hertfordshire SG5 2RR3
£370K09/210.39 mi24, Kings Hedges, Hitchin, Hertfordshire SG5 2PT3
£481K06/210.4 mi76, Balmoral Road, Hitchin, Hertfordshire SG5 1XQ3
£512.5K12/220.4 mi66, Balmoral Road, Hitchin, Hertfordshire SG5 1XQ3
£392.5K02/210.4 mi74, Kings Hedges, Hitchin, Hertfordshire SG5 2QE3
£370K02/210.4 mi80, Kings Hedges, Hitchin, Hertfordshire SG5 2QE3
£275K12/200.4 mi36, Kings Hedges, Hitchin, Hertfordshire SG5 2PZ3
£306K05/210.41 mi88, Kings Hedges, Hitchin, Hertfordshire SG5 2QE3
£370K01/230.41 mi68, Kings Hedges, Hitchin, Hertfordshire SG5 2QE3
£538K06/210.42 mi43, Brampton Park Road, Hitchin, Hertfordshire SG5 1XF3
£410K01/210.42 mi14, Westbury Close, Hitchin, Hertfordshire SG5 2NE3
£410K06/210.43 mi100, Kings Hedges, Hitchin, Hertfordshire SG5 2QH3
£455K11/200.44 mi35, Lancaster Road, Hitchin, Hertfordshire SG5 1PD3
£515K05/210.44 mi37, Lancaster Road, Hitchin, Hertfordshire SG5 1PD3
£553.2K03/210.44 mi48, Lancaster Road, Hitchin, Hertfordshire SG5 1PD3
£377.5K03/210.44 mi13, Lower Innings, Hitchin, Hertfordshire SG5 2NA3
£560K05/230.45 mi128, Bearton Road, Hitchin, Hertfordshire SG5 1UB3
£460K09/210.46 mi37, Wilton Road, Hitchin, Hertfordshire SG5 1SS3
£400K04/230.46 mi14, Wilton Road, Hitchin, Hertfordshire SG5 1SS3
£580K11/200.48 mi62, Lancaster Road, Hitchin, Hertfordshire SG5 1PE3
£540K03/230.48 mi67, Brampton Park Road, Hitchin, Hertfordshire SG5 1XE3
£444K06/210.48 mi5, Brampton Park Road, Hitchin, Hertfordshire SG5 1XD3

Local Rents

27 rents from £1.5K/mo to £2.3K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,85003/250.27 mi-3
£1,70008/240.42 miBrampton Park Road, Hitchin, SG53
£1,60008/240.44 miLancaster Road, Hitchin, SG53
£2,00004/250.46 mi-3
£1,50004/250.47 mi-3
£1,80012/240.48 miBrampton Park Road, HITCHIN3
£2,00008/240.5 miHeathfield Road, Hitchin, Hertfordshire, SG53
£2,15011/240.66 mi-3
£1,80012/240.85 miKings Road, Hitchin3
£1,57508/240.88 miGarden Row, HITCHIN3
£1,69512/240.93 miRadcliffe Road, Hitchin, SG53
£1,80012/240.94 miRadcliffe Road, Hitchin, Hertfordshire3
£1,80002/250.96 mi-3
£1,60008/241.05 miCommon Rise, Hitchin, SG43
£2,25008/241.05 miMoormead Close, Hitchin, SG53
£1,90008/241.06 miJill Grey Place, Hitchin, SG43
£2,10008/231.1 mi-3
£2,10009/241.1 mi-3
£2,10003/251.1 mi-3
£1,80012/241.1 miWoolgrove Road, Hitchin, SG43
£1,90008/241.12 miSt Andrews Place, HITCHIN, SG43
£1,70012/241.13 miCommon Rise, HITCHIN3
£1,90004/251.13 mi-3
£1,90012/241.15 mi-3
£1,65009/241.18 mi-3
£2,00008/241.19 miSturgeons Way, Hitchin, Hertfordshire, SG43
£1,70012/241.2 miMeadowbank, Hitchin, Hertfordshire3

Local Area Statistics

Population in SG5

31,306

Population in Hitchin

60,216

Town centre distance

0.81 miles away

Nearest school

0.30 miles away

Nearest train station

1.18 miles away

 

 

Rental demand

Landlord's market

Sales demand

Balanced market

Capital growth (5yrs)

+13%

Property History

Listed for £495,000

December 26, 2024

Floor Plans

Description

  • Three Bedrooms +
  • Potential to extend +
  • Large garden +
  • Schools nearby +
  • Quiet location +
  • Garage +
  • Driveway +

SUMMARY
A fantastic property with potential to extend into a large family home. There are three bedrooms, separate receptions, garage, driveway and a large rear garden. Quiet location close to excellent schools. Chain free.

DESCRIPTION
A three bedroom family home with huge potential situated in a highly sought after no-through road close to excellent schooling. While the property needs cosmetic updating, the opportunity to create a fabulous home is clear. Currently, the well proportioned accommodation includes separate receptions, kitchen, bathroom and good size bedrooms. Externally is a driveway, garage and a fantastic size rear garden which would comfortably allow a large extension or outbuilding (STPP).

Ground Floor 

Entrance Hall 
Door to front, stairs leading to first floor with understairs storage cupboard, telephone point and radiator.

Lounge 14' 4" x 11' 8" ( 4.37m x 3.56m )
Double glazed window to front aspect, TV and telephone points and radiator.

Dining Room 9' 11" x 9' 7" ( 3.02m x 2.92m )
Single glazed window and door to rear aspect and radiator.

Kitchen 10' x 8' ( 3.05m x 2.44m )
Fully fitted kitchen with single glazed window to rear aspect, a range of wall and base units, single bowl stainless steel sink and drainer, work surfaces with splashback, space for appliances and boiler. Door leading to Conservatory.

Conservatory 18' 8" x 12' ( 5.69m x 3.66m )
Double glazed window to rear aspect, double glazed door to garden and door to garage.

First Floor 

Landing 
Double glazed window to side aspect and loft access.

Bedroom One 13' 1" x 10' 10" ( 3.99m x 3.30m )
Double glazed window to front aspect and radiator.

Bedroom Two 10' 11" max x 10' 10" max ( 3.33m max x 3.30m max )
Double glazed window to rear aspect, airing cupboard and radiator.

Bedroom Three 10' 1" x 7' ( 3.07m x 2.13m )
Double glazed window to front aspect and radiator.

Bathroom 
Double glazed window to rear aspect, wash hand basin with vanity, bath with shower over, WC and radiator.

Outside 

Front Garden 
Lawned frontage with hedgerows to borders.

Rear Garden 
A large, lawned rear garden with mature trees and bushes.

Parking 
Dropped kerb parking with space for up to two cars.

Garage 
Double doors, power and lighting.

Agent's Notes 
It is our understanding that the Property is not registered at the Land Registry which is the case with a significant proportion of land across England and Wales. Your Conveyancer will take the necessary steps and advise you accordingly.

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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