3 Bed Terraced House, Single Let, Hitchin, SG4 9JH, £375,000

4 Wedmore Road, Hitchin, SG4 9JH - 1 views - 2 months ago

BTL
ROI: 1%
86 m²
+6 photos

ValuationUndervalued

Sold Prices£285K - £1.2M
Sold Prices/m²£3.8K/m² - £7.5K/m²

 

 

Square Metres

86 m²
Price/m²£4.4K/m²

Value Estimate

£450,472
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£18,700

Total Cash In

£112,450

 

 

Cash Out

 

Rent Range

£1,450 - £2,250

Rent Estimate

£1,559

Running Costs/mo

£1,504

Cashflow/mo

£55

Cashflow/yr

£664

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £285K to £1.2M, average is £467.5K. £3.8K/m² to £7.5K/m², average is £5.1K/m².

PriceDateDistanceAddressBeds 
£360K01/210.08 mi6, Kendale Road, Hitchin, Hertfordshire SG4 9JL3
£397K01/210.09 mi25, Eynsford Court, Hitchin, Hertfordshire SG4 9JS3
£387K06/210.09 mi10, Eynsford Court, Hitchin, Hertfordshire SG4 9JS3
£395K11/200.09 mi27, Eynsford Court, Hitchin, Hertfordshire SG4 9JS3
£285K02/230.1 mi45, Sunnyside Road, Hitchin, Hertfordshire SG4 9JQ3
£570K01/230.11 mi55, Whitehill Road, Hitchin, Hertfordshire SG4 9HP3
£470K04/230.11 mi15, Sunnyside Road, Hitchin, Hertfordshire SG4 9JG3
£353K03/210.11 mi9, Sunnyside Road, Hitchin, Hertfordshire SG4 9JG3
£317K07/210.14 mi15, Folly Path, Hitchin, Hertfordshire SG4 9DU3
£401K09/210.16 mi5, Folly Close, Hitchin, Hertfordshire SG4 9DG3
£559K01/210.16 mi6, Passingham Avenue, Hitchin, Hertfordshire SG4 9LD3
£435K06/210.18 mi24, Newtons Way, Hitchin, Hertfordshire SG4 9JR3
£530K09/210.19 mi2, Latchmore Close, Hitchin, Hertfordshire SG4 9DE3
£358K07/230.2 mi80, Stevenage Road, Hitchin, Hertfordshire SG4 9DR3
£425K02/210.2 mi30, Stevenage Road, Hitchin, Hertfordshire SG4 9DR3
£510K06/210.21 mi42, Willoughby Way, Hitchin, Hertfordshire SG4 9LN3
£490K06/210.21 mi40, Willoughby Way, Hitchin, Hertfordshire SG4 9LN3
£550K03/210.23 mi5, Broadmead, Hitchin, Hertfordshire SG4 9LU3
£450K02/210.23 mi52, Westwood Avenue, Hitchin, Hertfordshire SG4 9LL3
£505K02/210.23 mi65, Westwood Avenue, Hitchin, Hertfordshire SG4 9LL3
£442.5K04/210.25 mi26, Conquest Close, Hitchin, Hertfordshire SG4 9DP3
£485.6K03/210.25 mi18, Conquest Close, Hitchin, Hertfordshire SG4 9DP3
£425K11/200.25 mi3, Francis Close, Hitchin, Hertfordshire SG4 9EJ3
£405K06/230.25 mi4, Francis Close, Hitchin, Hertfordshire SG4 9EJ3
£400K06/230.25 mi10, Francis Close, Hitchin, Hertfordshire SG4 9EJ3
£585K04/230.26 mi53, Willoughby Way, Hitchin, Hertfordshire SG4 9LQ3
£460K02/210.26 mi53, Willoughby Way, Hitchin, Hertfordshire SG4 9LQ3
£621K08/230.28 mi182, Whitehill Road, Hitchin, Hertfordshire SG4 9HY3
£488.5K09/230.29 mi30, Kershaws Hill, Hitchin, Hertfordshire SG4 9AQ3
£420K03/210.29 mi27, Kershaws Hill, Hitchin, Hertfordshire SG4 9AQ3
£1.2M12/200.3 mi37, Wymondley Road, Hitchin, Hertfordshire SG4 9PR3
£825K11/200.3 mi39, Wymondley Road, Hitchin, Hertfordshire SG4 9PR3
£813K08/230.3 mi32, Wymondley Road, Hitchin, Hertfordshire SG4 9PR3
£535K01/210.31 mi11, Lindsay Avenue, Hitchin, Hertfordshire SG4 9JA3
£470K11/200.33 mi29, Broadmead, Hitchin, Hertfordshire SG4 9LX3
£495K09/210.34 mi45, Lindsay Avenue, Hitchin, Hertfordshire SG4 9JA3
£790.2K07/230.34 mi49, Lindsay Avenue, Hitchin, Hertfordshire SG4 9JA3
£455K11/200.34 mi22, Lindsay Avenue, Hitchin, Hertfordshire SG4 9JA3
£425K01/210.34 mi23, Lindsay Avenue, Hitchin, Hertfordshire SG4 9JA3
£785K12/200.35 mi15a, Coach Drive, Hitchin, Hertfordshire SG4 9AP3
£465K06/210.36 mi29, The Paddock, Hitchin, Hertfordshire SG4 9EF3
£443K01/210.36 mi27, The Paddock, Hitchin, Hertfordshire SG4 9EF3
£505K03/230.41 mi33, Ninesprings Way, Hitchin, Hertfordshire SG4 9NR3
£413K06/230.41 mi37, Ninesprings Way, Hitchin, Hertfordshire SG4 9NR3
£435K02/210.41 mi42, Ninesprings Way, Hitchin, Hertfordshire SG4 9NR3
£750K03/210.41 mi4, Jill Grey Place, Hitchin, Hertfordshire SG4 9YH3
£750K12/200.41 mi9, Dale Close, Hitchin, Hertfordshire SG4 9AS3
£475K12/200.41 mi28, Grange Close, Hitchin, Hertfordshire SG4 9HD3
£692.5K09/220.41 mi28, Grange Close, Hitchin, Hertfordshire SG4 9HD3
£430K11/200.42 mi32, Manton Road, Hitchin, Hertfordshire SG4 9NW3

Local Rents

30 rents from £1.4K/mo to £2.3K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£2,00008/240.27 miFoster Drive , Hitchin, SG4 9EH3
£1,90008/240.32 miSt Andrews Place, HITCHIN, SG43
£2,00002/240.34 mi-3
£1,90008/240.4 miJill Grey Place, Hitchin, SG43
£1,70008/240.47 miAston Rise, Hitchin, Hitchin, SG43
£1,80012/240.66 miPeppercorn Walk, Hitchin , SG4 0EU3
£1,85005/240.67 mi-3
£1,69512/240.7 miRadcliffe Road, Hitchin, SG53
£1,80012/240.71 miRadcliffe Road, Hitchin, Hertfordshire3
£1,57508/240.71 miGarden Row, HITCHIN3
£1,55002/240.71 mi-3
£1,70012/240.74 miSturrock Way, Hertfordshire, Hitchin, SG43
£2,25008/240.78 miMoormead Close, Hitchin, SG53
£1,90012/240.82 mi-3
£1,80012/240.85 miKings Road, Hitchin3
£1,70012/240.93 miCommon Rise, HITCHIN3
£2,10008/230.94 mi-3
£2,10009/240.94 mi-3
£2,10003/250.94 mi-3
£1,70012/240.96 miMeadowbank, Hitchin, Hertfordshire3
£1,90004/250.97 mi-3
£1,60008/240.99 miCommon Rise, Hitchin, SG43
£1,60008/241.01 miLancaster Road, Hitchin, SG53
£1,50004/251.02 mi-3
£1,80012/241.07 miBrampton Park Road, HITCHIN3
£1,45004/251.09 mi-3
£1,85006/241.12 mi-3
£1,70008/241.16 miBrampton Park Road, Hitchin, SG53
£1,80012/241.17 miWoolgrove Road, Hitchin, SG43
£1,80002/251.21 mi-3

Local Area Statistics

Population in SG4

28,864

Population in Hitchin

60,216

Town centre distance

0.67 miles away

Nearest school

0.20 miles away

Nearest train station

0.74 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £375,000

February 21, 2025

Floor Plans

Description

  • Located in the highly desirable SG4 9 area of Hitchin +
  • Three good bedrooms +
  • Approx. 50ft rear garden +
  • Considerable potential to extend - subject to relevant consents +
  • Chain Free +
  • EPC - TBC +

VIEWINGS TO COMMENCE SATURDAY 1ST MARCH 2025

Located in the highly desirable SG4 9 area of Hitchin benefitting from many favoured schools nearby and good access to the mainline rail station. Three good bedrooms, first floor bathroom, spacious living room, kitchen, breakfast room and a ground floor cloakroom.
Externally the rear garden extends around 50ft in length benefitting from large hobbies room/ potential home office and garden store.
Considerable potential to extend (STPP).
This property comes with the added benefit of being CHAIN FREE!!

The Accommodation Comprises -

On The Ground Floor -

Side Entrance Door - Opening to:-

Entrance Hall - Stairs to first floor.

Cloakroom - Comprising Low Level W.C. Wash hand basin. Tiled floor. Heated towel rail. Window to side.

Living Room - 4.9 x 3.5 (16'0" x 11'5") - Electric fire (not tested) Fitted cupboard and shelves. Radiator. Cupboard under stairs. Three windows to front.

Kitchen - 3.1 x 3 (10'2" x 9'10") - Fitted with a range of light oak units to floor and walls. Granite effect worktops over. Space for cooker. Extractor fan over (not tested) 1 1/2 bowl sink unit. Cupboard housing Worcester central heating boiler (not tested). Tiled floor. Window to rear.

Breakfast Room - 2.6 x 2 (8'6" x 6'6") - Breakfast bar. Wall cupboards. Radiator. Door to rear.

On The First Floor -

Landing - Loft access. Radiator. Window to side.

Bedroom One - 5.2 x 3.1 reducing to 2.2 (17'0" x 10'2" reducing - Fitted wardrobes. Radiator. Three windows to front.

Bedroom Two - 3.6 x 2.3 (11'9" x 7'6") - Radiator. Window to rear.

Bedroom Three - 3.5 x 2.1 (11'5" x 6'10") - Radiator. Window to rear.

Bathroom - 2.5 x 1.3 (8'2" x 4'3") - White three piece suite comprising vanity wash hand basin. Low Level W.C. Bath with shower over. Heated towel rail. Window to side.

Outside -

At The Front - Lawn area enclosed by low level timber fencing. Footpath to entrance door. Gated access to rear garden.

At The Rear - Approx. 50ft deep. Two storage buildings. Paved patio adjacent to house. Lawn beyond. North west aspect.

Council Tax Band - We are advised that the Council Tax Band for this property is currently Band C. This information was obtained from the Valuation Office Agency - Council Tax Valuation List displayed on the Internet.

Floor Area - Approx. 86sqm. Please note that this measurement has been taken from the EPC, and may not include any unheated areas/rooms.

Epc Rating - TBC

Floor Plans - Please note that the floor plans are not to scale and are intended for illustrative purposes only. Any dimensions given are approximate. Therefore the accuracy of the floor plans cannot be guaranteed.

Gdpr - Any information you provide Norgans will be protected by the General Data Protection Regulation ("GDPR") legislation. By agreeing to a viewing, you are confirming that you are happy for Norgans to retain this information on our files. Your personal, financial and health information will never be shared with any third parties except where stated in our Privacy Policy.

You can ask for your information to be removed at any time.

Our Privacy Policy & Notice can be viewed on our website

Services - All mains services are understood to be installed and connected. Please note that Norgans have not tested any services or appliances connected or installed at this property.

Tenure - Freehold - We are advised that this property is Freehold.

Viewings - By appointment with Norgans (tel: /email: )

Agent Details

Norgans Estate Agents, Hitchin

01462 415794

Next Steps?

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