3 Bed Terraced House, Single Let, Letchworth Garden City, SG6 4BS, £325,000

Hall Mead, Letchworth Garden City, SG6 4BS - 2 views - 3 months ago

Sold STC
BTL
ROI: 1%
~93 m²
+5 photos

ValuationUndervalued

Sold Prices£243K - £540K
Sold Prices/m²£3.4K/m² - £7.6K/m²

 

 

Square Metres

~93 m²
Price/m²£3.5K/m²

Value Estimate

£405,591
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£14,700

Total Cash In

£95,950

 

 

Cash Out

 

Rent Range

£1,300 - £2,200

Rent Estimate

£1,381

Running Costs/mo

£1,312

Cashflow/mo

£69

Cashflow/yr

£830

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £243K to £540K, average is £352K. £3.4K/m² to £7.6K/m², average is £4.4K/m².

PriceDateDistanceAddressBeds 
£286K04/210 mi21, Hall Mead, Letchworth Garden City, Hertfordshire SG6 4BS3
£267.5K05/210 mi67, Hall Mead, Letchworth Garden City, Hertfordshire SG6 4BS3
£300K12/200 mi47, Hall Mead, Letchworth Garden City, Hertfordshire SG6 4BS3
£261K03/210 mi97, Hall Mead, Letchworth Garden City, Hertfordshire SG6 4BS3
£300K12/200 mi95, Hall Mead, Letchworth Garden City, Hertfordshire SG6 4BS3
£315K01/210 mi25, Hall Mead, Letchworth Garden City, Hertfordshire SG6 4BS3
£265K12/200 mi31, Hall Mead, Letchworth Garden City, Hertfordshire SG6 4BS3
£243K12/200.03 mi18, Hall Mead, Letchworth Garden City, Hertfordshire SG6 4BJ3
£340K01/230.03 mi46, Hall Mead, Letchworth Garden City, Hertfordshire SG6 4BJ3
£320K06/210.03 mi92, Hall Mead, Letchworth Garden City, Hertfordshire SG6 4BJ3
£350K11/220.03 mi20, Hall Mead, Letchworth Garden City, Hertfordshire SG6 4BJ3
£286.5K06/210.04 mi74, Mullway, Letchworth Garden City, Hertfordshire SG6 4BH3
£325K12/200.04 mi26, Mullway, Letchworth Garden City, Hertfordshire SG6 4BH3
£287K04/210.04 mi84, Mullway, Letchworth Garden City, Hertfordshire SG6 4BH3
£290K03/210.04 mi86, Mullway, Letchworth Garden City, Hertfordshire SG6 4BH3
£450K04/230.1 mi35, Romany Close, Letchworth Garden City, Hertfordshire SG6 4LA3
£375K05/210.1 mi70, Romany Close, Letchworth Garden City, Hertfordshire SG6 4LA3
£327K01/230.15 mi152, Mullway, Letchworth Garden City, Hertfordshire SG6 4BD3
£310K06/210.15 mi154, Mullway, Letchworth Garden City, Hertfordshire SG6 4BD3
£330K07/210.16 mi117, Mullway, Letchworth Garden City, Hertfordshire SG6 4BG3
£285K03/210.16 mi125, Mullway, Letchworth Garden City, Hertfordshire SG6 4BG3
£295K01/210.16 mi147, Mullway, Letchworth Garden City, Hertfordshire SG6 4BG3
£340K03/210.16 mi60, Eldefield, Letchworth Garden City, Hertfordshire SG6 4BN3
£383K02/230.16 mi54, Eldefield, Letchworth Garden City, Hertfordshire SG6 4BN3
£318K11/210.18 mi103, Bursland, Letchworth Garden City, Hertfordshire SG6 4UY3
£340K03/210.18 mi206, Bedford Road, Letchworth Garden City, Hertfordshire SG6 4EA3
£380K12/220.18 mi152, Bedford Road, Letchworth Garden City, Hertfordshire SG6 4EA3
£390K05/230.18 mi210, Bedford Road, Letchworth Garden City, Hertfordshire SG6 4EA3
£365K11/220.2 mi28, Abbotts Road, Letchworth Garden City, Hertfordshire SG6 4UR3
£365K05/230.2 mi20, Abbotts Road, Letchworth Garden City, Hertfordshire SG6 4UR3
£385K04/210.22 mi149, Bedford Road, Letchworth Garden City, Hertfordshire SG6 4DY3
£435K04/210.22 mi139, Bedford Road, Letchworth Garden City, Hertfordshire SG6 4DY3
£455K02/230.23 mi161, Bedford Road, Letchworth Garden City, Hertfordshire SG6 4DY3
£540K10/220.26 mi77, Icknield Way, Letchworth Garden City, Hertfordshire SG6 4AX3
£410K12/200.32 mi94, Bedford Road, Letchworth Garden City, Hertfordshire SG6 4DU3
£450K01/210.32 mi59, Bedford Road, Letchworth Garden City, Hertfordshire SG6 4DU3
£470K03/210.33 mi119, Icknield Way, Letchworth Garden City, Hertfordshire SG6 4AR3
£520K06/210.33 mi111, Icknield Way, Letchworth Garden City, Hertfordshire SG6 4AR3
£425K01/230.34 mi106, Archers Way, Letchworth Garden City, Hertfordshire SG6 4UJ3
£435K01/230.36 mi10, Furlay Close, Letchworth Garden City, Hertfordshire SG6 4YL3
£490K08/210.36 mi35, Haselfoot, Letchworth Garden City, Hertfordshire SG6 4DE3
£335K02/210.37 mi8, Martin Way, Letchworth Garden City, Hertfordshire SG6 4XU3
£435K03/210.37 mi8, Lindsell Avenue, Letchworth Garden City, Hertfordshire SG6 4DQ3
£450K04/230.41 mi71, Lindsell Avenue, Letchworth Garden City, Hertfordshire SG6 4DG3
£435K02/210.41 mi71, Lindsell Avenue, Letchworth Garden City, Hertfordshire SG6 4DG3
£475K02/210.43 mi74, Redhoods Way West, Letchworth Garden City, Hertfordshire SG6 4DD3
£475K06/210.43 mi55, Redhoods Way West, Letchworth Garden City, Hertfordshire SG6 4DD3
£354K09/210.47 mi13, Burnell Rise, Letchworth Garden City, Hertfordshire SG6 3RN3
£290K03/210.48 mi4, Chagny Close, Letchworth Garden City, Hertfordshire SG6 4BY3
£442.5K05/230.51 mi33, Campers Road, Letchworth Garden City, Hertfordshire SG6 3QT3

Local Rents

11 rents from £1.3K/mo to £2.2K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,30008/240.03 miHall Mead, Letchworth Garden City, SG63
£1,35003/250.15 mi-3
£1,55008/240.33 mi-3
£1,50001/240.34 mi-3
£1,40012/240.36 miWarren Close, Letchworth Garden City, SG63
£1,70003/250.39 mi-3
£1,45008/240.48 miHillbrow, Letchworth Garden City3
£1,40012/240.48 miChagny Close, Letchworth Garden City, SG63
£1,49508/240.53 miCampers Road, Letchworth Garden City, SG63
£2,20003/230.53 mi-3
£1,60008/240.58 miStation Way, Letchworth Garden City3

Local Area Statistics

Population in SG6

33,166

Population in Letchworth Garden City

33,209

Town centre distance

1.02 miles away

Nearest school

0.20 miles away

Nearest train station

0.81 miles away

 

 

Rental growth (12m)

+12%

Sales demand

Seller's market

Capital growth (5yrs)

+17%

Property History

Listed for £325,000

February 13, 2025

Floor Plans

Description

  • CHAIN FREE +
  • FREEHOLD +
  • Three bedrooms +
  • Lounge/Diner +
  • Kitchen +
  • Bathroom +
  • Front and rear garden +
  • Outbuilding +
  • Close to local amenities +

CHAIN FREE......This three bed property will make a great first time purchase and is offered with no chain. The property has an open plan lounge/diner and all three bedrooms are of a good size. There is a front and rear garden and is situated close to local amenities.

Letchworth Garden City is home to the UK`s First Roundabout and is the original Garden City` offering residents the best of town and country living. The Town Centre is easily accessible boasting a wide variety of civic and recreational amenities, along with a good range of shopping facilities. There is excellent local schooling, and for commuters there is a mainline train station which connects to London Kings Cross, and excellent links to major roads particularly the A1M.

Any details given are based solely on information given by our vendor.

Lounge/Diner - 21'2" (6.45m) x 15'6" (4.72m)
Door to front aspect. Double glazed window to front aspect. Under stairs cupboard. Radiator x 2.

Kitchen - 15'6" (4.72m) Max x 8'7" (2.62m)
Double glazed window to rear aspect. Fitted kitchen comprising of a range of wall and base units. Double glazed door to rear aspect. Integrated fridge/freezer, oven and hob. Combi boiler.

Landing
Access to a part boarded loft with ladder, power and lighting.

Bedroom One - 11'7" (3.53m) x 10'11" (3.33m)
Double glazed window to front aspect. Radiator.

Bedroom Two - 10'0" (3.05m) x 8'7" (2.62m)
Double glazed window to rear aspect. Radiator.

Bedroom Three - 8'5" (2.57m) x 8'2" (2.49m)
Double glazed window to front aspect. Over stairs cupboard. Radiator.

Bathroom
Double glazed window to rear aspect. Bath. Wash hand basin. WC.

Front Garden
Lawn to front aspect.

Rear Garden
Lawn with patio area, side access and tap.

Outbuildings
Brick shed with power and lighting.
Timber shed.

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Agent Details

Alexander Lewis, Letchworth

01462 415591

Next Steps?

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