3 Bed Terraced House, Single Let, Letchworth Garden City, SG6 2QP, £310,000

Swanstand, Letchworth, SG6 2QP - 4 views - 3 months ago

Sold STC
BTL
ROI: 2%
~93 m²
+15 photos

ValuationUndervalued

Sold Prices£258K - £708K
Sold Prices/m²£2.6K/m² - £7.4K/m²

 

 

Square Metres

~93 m²
Price/m²£3.3K/m²

Value Estimate

£364,602
BMV18%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£77,500

Stamp Duty & Legal Fees

£13,500

Total Cash In

£91,000

 

 

Cash Out

 

Rent Range

£1,400 - £1,750

Rent Estimate

£1,436

Running Costs/mo

£1,276

Cashflow/mo

£160

Cashflow/yr

£1,921

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £258K to £708K, average is £347.5K. £2.6K/m² to £7.4K/m², average is £3.9K/m².

PriceDateDistanceAddressBeds 
£298.5K05/230.06 mi11, Swanstand, Letchworth Garden City, Hertfordshire SG6 2QJ3
£350K12/220.08 mi70, Townley, Letchworth Garden City, Hertfordshire SG6 2RY3
£285K11/200.15 mi25, Lannock, Letchworth Garden City, Hertfordshire SG6 2PX3
£287K02/210.16 mi85, Lannock, Letchworth Garden City, Hertfordshire SG6 2QD3
£330K10/210.16 mi11, Whiteway, Letchworth Garden City, Hertfordshire SG6 2PP3
£312.5K06/210.18 mi6, Maddles, Letchworth Garden City, Hertfordshire SG6 2QT3
£355K04/230.2 mi64, Oakhill, Letchworth Garden City, Hertfordshire SG6 2RQ3
£258K09/210.23 mi8, Kyrkeby, Letchworth Garden City, Hertfordshire SG6 2PA3
£345K11/210.25 mi104, Kyrkeby, Letchworth Garden City, Hertfordshire SG6 2PR3
£280K08/230.25 mi20, Kyrkeby, Letchworth Garden City, Hertfordshire SG6 2PB3
£260K04/210.25 mi39, Kyrkeby, Letchworth Garden City, Hertfordshire SG6 2PB3
£295K05/210.26 mi6, Oakhill, Letchworth Garden City, Hertfordshire SG6 2RB3
£285K11/200.26 mi120, Oakhill, Letchworth Garden City, Hertfordshire SG6 2RH3
£291.5K11/200.26 mi16, Vincent, Letchworth Garden City, Hertfordshire SG6 2NN3
£315K03/230.26 mi8, Vincent, Letchworth Garden City, Hertfordshire SG6 2NN3
£302.5K05/210.32 mi27, Yardley, Letchworth Garden City, Hertfordshire SG6 2SS3
£298K10/210.36 mi45, Yardley, Letchworth Garden City, Hertfordshire SG6 2ST3
£460K10/200.39 mi8, Dents Close, Letchworth Garden City, Hertfordshire SG6 2TP3
£480K12/200.39 mi38, Dents Close, Letchworth Garden City, Hertfordshire SG6 2TP3
£385K11/200.39 mi1, Crabtree Dell, Letchworth Garden City, Hertfordshire SG6 2TJ3
£280K06/210.4 mi31, Goldon, Letchworth Garden City, Hertfordshire SG6 2NA3
£283K06/210.43 mi32, Ellice, Letchworth Garden City, Hertfordshire SG6 2LN3
£318K09/210.43 mi40, Ellice, Letchworth Garden City, Hertfordshire SG6 2LN3
£270K11/200.44 mi22, Fleetwood, Letchworth Garden City, Hertfordshire SG6 2LS3
£375K12/220.45 mi27, Ellice, Letchworth Garden City, Hertfordshire SG6 2LL3
£345K11/210.49 mi12, Ellice, Letchworth Garden City, Hertfordshire SG6 2LJ3
£342K11/220.49 mi43, Allison, Letchworth Garden City, Hertfordshire SG6 2JT3
£300K03/230.51 mi32, Allison, Letchworth Garden City, Hertfordshire SG6 2JS3
£272K03/210.51 mi27, Allison, Letchworth Garden City, Hertfordshire SG6 2JS3
£428K04/210.51 mi15, Olden Mead, Letchworth Garden City, Hertfordshire SG6 2SP3
£492.5K10/210.56 mi49, Penn Way, Letchworth Garden City, Hertfordshire SG6 2SJ3
£565K11/200.62 mi191, Baldock Road, Letchworth Garden City, Hertfordshire SG6 2EJ3
£367.5K02/230.66 mi195, Jackmans Place, Letchworth Garden City, Hertfordshire SG6 1RD3
£550K12/200.66 mi62, Bowershott, Letchworth Garden City, Hertfordshire SG6 2EU3
£708K01/230.67 mi163, Baldock Road, Letchworth Garden City, Hertfordshire SG6 2EH3
£697.5K05/230.67 mi159, Baldock Road, Letchworth Garden City, Hertfordshire SG6 2EH3
£385.6K11/220.68 mi19, Jackmans Place, Letchworth Garden City, Hertfordshire SG6 1RE3
£462.5K06/210.68 mi1a, Lordship Lane, Letchworth Garden City, Hertfordshire SG6 2BH3
£538K03/210.69 mi52, Penn Way, Letchworth Garden City, Hertfordshire SG6 2SH3
£622K02/230.7 mi31, Bowershott, Letchworth Garden City, Hertfordshire SG6 2ET3
£505K10/200.7 mi145, Baldock Road, Letchworth Garden City, Hertfordshire SG6 2EQ3
£595K04/230.71 mi84, Howard Drive, Letchworth Garden City, Hertfordshire SG6 2DG3
£300K11/200.72 mi23, Jackmans Place, Letchworth Garden City, Hertfordshire SG6 1RE3
£300K12/200.72 mi56, Jackmans Place, Letchworth Garden City, Hertfordshire SG6 1RH3
£390K10/200.72 mi143, Jackmans Place, Letchworth Garden City, Hertfordshire SG6 1RG3
£525K03/210.74 mi11, Bowershott, Letchworth Garden City, Hertfordshire SG6 2ES3
£655K02/230.74 mi64, Lawrence Avenue, Letchworth Garden City, Hertfordshire SG6 2EZ3
£412K12/200.75 mi41, The Crescent, Letchworth Garden City, Hertfordshire SG6 1SW3
£430K03/210.75 mi35, The Crescent, Letchworth Garden City, Hertfordshire SG6 1SW3
£408K06/210.76 mi182, Pixmore Way, Letchworth Garden City, Hertfordshire SG6 1QT3

Local Rents

10 rents from £1.4K/mo to £1.8K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,70012/240.15 miLannock, LETCHWORTH GARDEN CITY3
£1,40008/240.16 mi-3
£1,40008/240.16 miUpper Maylins, Letchworth Garden City, SG63
£1,70012/240.16 mi-3
£1,50012/240.25 mi-3
£1,50008/240.25 miAlban Road, Letchworth Garden City, SG63
£1,49512/240.32 miYardley, Letchworth Garden City3
£1,50008/240.36 miYardley, Letchworth garden city, Hertfordshire, SG63
£1,65008/240.39 mi-3
£1,75003/250.39 mi-3

Local Area Statistics

Population in SG6

33,166

Population in Letchworth Garden City

33,209

Town centre distance

1.04 miles away

Nearest school

0.30 miles away

Nearest train station

1.33 miles away

 

 

Rental growth (12m)

+12%

Sales demand

Seller's market

Capital growth (5yrs)

+17%

Property History

Listed for £310,000

January 2, 2025

Sold for £260,000

2020

Sold for £59,000

1998

Floor Plans

Description

  • Three spacious bedrooms +
  • Abundant natural light +
  • Proximity to parks +
  • Open-plan design +
  • Cloackroom +

This inviting terraced property is currently on the market and awaiting its new owners. The property is in good condition and offers a variety of desirable features. It presents a brilliant opportunity for those seeking a residence that combines comfort, convenience, and a touch of charm. The property boasts three bedrooms, two of which are spacious double rooms, perfect for a growing family or for accommodating guests. The house also features a single, well-proportioned bathroom, fitting for all household needs. The property further benefits from an open-plan design, which not only enhances the sense of space but also allows for an abundance of natural light to brighten your living area. In addition, the house includes a practical, well-appointed kitchen and a cosy reception room, providing you with the ideal setting to unwind or entertain guests. One of the unique features of this property is its lovely garden. This outdoor space provides the perfect sanctuary for those who enjoy gardening or simply relaxing outdoors. It's also a safe and secure space for children to play. Location-wise, this home sits in a community that has much to offer. It is situated near schools, making it an excellent choice for families. In addition, local amenities are within walking distance, offering convenient access to shops, restaurants and other services. The area is also blessed with green spaces and nearby parks, providing plenty of opportunities for recreational activities and outdoor enjoyment. In conclusion, this property is a fine blend of comfort, style and convenience, making it a truly appealing choice for your next home. Don't miss the opportunity to view this gem. EPC rating: D. Tenure: Freehold,

Agent Details

Belvoir, Hitchin

01462 415900

Next Steps?

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