3 Bed Terraced House, Single Let, Letchworth Garden City, SG6 2PR, £250,000

Kyrkeby, Letchworth Garden City, SG6 2PR - 5 views - a month ago

Sold STC
BTL
ROI: 6%
~93 m²
+6 photos

ValuationUndervalued

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

 

 

Square Metres

~93 m²
Price/m²£2.7K/m²

Value Estimate

£305,000
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£8,700

Total Cash In

£71,200

 

 

Cash Out

 

Rent Range

£1,400 - £1,750

Rent Estimate

£1,424

Running Costs/mo

£1,086

Cashflow/mo

£338

Cashflow/yr

£4,055

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £258K to £708K, average is £346.5K. £2.6K/m² to £7.4K/m², average is £3.9K/m².

PriceDateDistanceAddressBeds 
£345K11/210 mi104, Kyrkeby, Letchworth Garden City, Hertfordshire SG6 2PR3
£258K09/210.04 mi8, Kyrkeby, Letchworth Garden City, Hertfordshire SG6 2PA3
£280K08/230.08 mi20, Kyrkeby, Letchworth Garden City, Hertfordshire SG6 2PB3
£260K04/210.08 mi39, Kyrkeby, Letchworth Garden City, Hertfordshire SG6 2PB3
£285K11/200.1 mi25, Lannock, Letchworth Garden City, Hertfordshire SG6 2PX3
£287K02/210.13 mi85, Lannock, Letchworth Garden City, Hertfordshire SG6 2QD3
£312.5K06/210.15 mi6, Maddles, Letchworth Garden City, Hertfordshire SG6 2QT3
£330K10/210.2 mi11, Whiteway, Letchworth Garden City, Hertfordshire SG6 2PP3
£295K05/210.23 mi6, Oakhill, Letchworth Garden City, Hertfordshire SG6 2RB3
£298.5K05/230.25 mi11, Swanstand, Letchworth Garden City, Hertfordshire SG6 2QJ3
£355K04/230.26 mi64, Oakhill, Letchworth Garden City, Hertfordshire SG6 2RQ3
£280K06/210.27 mi31, Goldon, Letchworth Garden City, Hertfordshire SG6 2NA3
£285K11/200.27 mi120, Oakhill, Letchworth Garden City, Hertfordshire SG6 2RH3
£342K11/220.3 mi43, Allison, Letchworth Garden City, Hertfordshire SG6 2JT3
£300K03/230.3 mi32, Allison, Letchworth Garden City, Hertfordshire SG6 2JS3
£272K03/210.3 mi27, Allison, Letchworth Garden City, Hertfordshire SG6 2JS3
£350K12/220.32 mi70, Townley, Letchworth Garden City, Hertfordshire SG6 2RY3
£283K06/210.32 mi32, Ellice, Letchworth Garden City, Hertfordshire SG6 2LN3
£318K09/210.32 mi40, Ellice, Letchworth Garden City, Hertfordshire SG6 2LN3
£291.5K11/200.33 mi16, Vincent, Letchworth Garden City, Hertfordshire SG6 2NN3
£315K03/230.33 mi8, Vincent, Letchworth Garden City, Hertfordshire SG6 2NN3
£375K12/220.36 mi27, Ellice, Letchworth Garden City, Hertfordshire SG6 2LL3
£270K11/200.36 mi22, Fleetwood, Letchworth Garden City, Hertfordshire SG6 2LS3
£302.5K05/210.38 mi27, Yardley, Letchworth Garden City, Hertfordshire SG6 2SS3
£345K11/210.39 mi12, Ellice, Letchworth Garden City, Hertfordshire SG6 2LJ3
£298K10/210.41 mi45, Yardley, Letchworth Garden City, Hertfordshire SG6 2ST3
£565K11/200.42 mi191, Baldock Road, Letchworth Garden City, Hertfordshire SG6 2EJ3
£367.5K02/230.43 mi195, Jackmans Place, Letchworth Garden City, Hertfordshire SG6 1RD3
£385.6K11/220.46 mi19, Jackmans Place, Letchworth Garden City, Hertfordshire SG6 1RE3
£300K12/200.49 mi56, Jackmans Place, Letchworth Garden City, Hertfordshire SG6 1RH3
£385K11/200.49 mi1, Crabtree Dell, Letchworth Garden City, Hertfordshire SG6 2TJ3
£390K10/200.5 mi143, Jackmans Place, Letchworth Garden City, Hertfordshire SG6 1RG3
£300K11/200.5 mi23, Jackmans Place, Letchworth Garden City, Hertfordshire SG6 1RE3
£708K01/230.51 mi163, Baldock Road, Letchworth Garden City, Hertfordshire SG6 2EH3
£697.5K05/230.51 mi159, Baldock Road, Letchworth Garden City, Hertfordshire SG6 2EH3
£375K01/230.54 mi105, Jackmans Place, Letchworth Garden City, Hertfordshire SG6 1RG3
£460K10/200.55 mi8, Dents Close, Letchworth Garden City, Hertfordshire SG6 2TP3
£480K12/200.55 mi38, Dents Close, Letchworth Garden City, Hertfordshire SG6 2TP3
£505K10/200.57 mi145, Baldock Road, Letchworth Garden City, Hertfordshire SG6 2EQ3
£462.5K06/210.58 mi1a, Lordship Lane, Letchworth Garden City, Hertfordshire SG6 2BH3
£412K12/200.59 mi41, The Crescent, Letchworth Garden City, Hertfordshire SG6 1SW3
£430K03/210.59 mi35, The Crescent, Letchworth Garden City, Hertfordshire SG6 1SW3
£408K06/210.59 mi182, Pixmore Way, Letchworth Garden City, Hertfordshire SG6 1QT3
£428K04/210.61 mi15, Olden Mead, Letchworth Garden City, Hertfordshire SG6 2SP3
£550K12/200.61 mi62, Bowershott, Letchworth Garden City, Hertfordshire SG6 2EU3
£622K02/230.62 mi31, Bowershott, Letchworth Garden City, Hertfordshire SG6 2ET3
£348K09/210.62 mi22, Bidwell Close, Letchworth Garden City, Hertfordshire SG6 1QR3
£525K03/210.63 mi11, Bowershott, Letchworth Garden City, Hertfordshire SG6 2ES3
£440K01/230.63 mi10, The Crescent, Letchworth Garden City, Hertfordshire SG6 1SN3
£515.5K04/230.64 mi27, The Crescent, Letchworth Garden City, Hertfordshire SG6 1SN3

Local Rents

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

RentDateDistanceAddressBeds 
£1,70012/240.11 miLannock, LETCHWORTH GARDEN CITY3
£1,70012/240.2 mi-3
£1,40008/240.34 mi-3
£1,40008/240.34 miUpper Maylins, Letchworth Garden City, SG63
£1,49512/240.38 miYardley, Letchworth Garden City3
£1,50008/240.4 miYardley, Letchworth garden city, Hertfordshire, SG63
£1,50012/240.45 mi-3
£1,50008/240.45 miAlban Road, Letchworth Garden City, SG63
£1,65008/240.51 mi-3
£1,75003/250.51 mi-3
£1,70008/240.57 miBaldock Road, Letchworth Garden City3
£1,49508/240.6 miBowyer Drive, Letchworth Garden City, SG63

Local Area Statistics

Population in SG6

33,166

Population in Letchworth Garden City

33,209

Town centre distance

0.91 miles away

Nearest school

0.10 miles away

Nearest train station

1.14 miles away

 

 

Rental growth (12m)

+12%

Sales demand

Seller's market

Capital growth (5yrs)

+17%

Property History

Listed for £250,000

February 22, 2025

Floor Plans

Description

  • A great opportunity at a competitive price – A solid home in a well-connected town, offering great value for money. No Upward Chain! +
  • Scope to update and personalise – An opportunity to modernise electrics, heating, and décor to suit your style and needs +
  • Practical layout for everyday living – Separate living and kitchen spaces, with plenty of natural light throughout the home +
  • Two well-sized double bedrooms and a third single, perfect for a nursery, guest room, or home office +
  • A generous rear garden – A great outdoor space to enjoy, with room for seating, play areas, or landscaping +
  • A short walk to The Greenway – Ideal for dog owners, runners, and cyclists looking for open green space right on their doorstep +
  • Plenty of parking and a garage – Driveway space for at least two cars, plus a garage for extra storage or secure parking +
  • Straightforward access to London – Less than 45 minutes by train to King’s Cross, with direct links to Gatwick and Brighton for business or leisure trips +
  • Well-connected for road travel – The A1(M), A505, A10, and M1 are all within easy reach, making commuting and weekend getaways simple +
  • Schools within easy reach – A choice of good primary and secondary schools nearby, making this a practical option for families +

Make It Your Own – Or Flip It. The Choice Is Yours.

If you're looking for a home with potential, this one’s for you. Whether you want a project to put your own stamp on or you're thinking of buying, refurbishing, and either selling or renting, this house is packed with opportunity.

This three-bedroom home is great value for money – ideal for first-time buyers, young families, or downsizers - maybe you're an investor / developer looking for a looking for a property with potential to improve.   It’s got two double bedrooms plus a third single that’s a proper room, not just a box – perfect for a nursery, home office, or guest space. You’ll likely want to update the electrics and modernise the heating system, along with refurbishing the kitchen, bathroom, and flooring. But that’s where the potential lies. There’s even scope to reconfigure the layout or extend to the rear (as others have done on this road) to really make the most of the space. There's plenty of off street parking - space for at least two cars and a garage. And on top of that a great sized rear garden. It's handy for travel into London - less than 45 mins on the train and stay on for an hour longer and you can get direct to Gatwick and Brighton. For those commuting by road the A1(M) serves the town well and takes you North and South. The A505 / A10 and M1 are also a short drive away and you can get to London Luton airport in less than 30 mins. For families, there are number of good primary and senior schools in the area. Just a stones throw from The Greenway, ideal for dog owners, walkers, joggers and cyclists alike.  A great town, popular with commuters and those looking for a mix of town and country life. If you're looking for a blank canvas in a well-connected town, this could be the perfect project.  It's priced to sell, so we expect strong interest. Why wait?  Call Leysbrook today to book your viewing – this one won’t be available for long!

| ADDITIONAL INFORMATION Council Tax Band - C  EPC Rating - TBC | GROUND FLOOR Living Room: Approx 13' 2" x 12' 7" (4.02m x 3.83m)  Kitchen / Diner: Approx 17' 10" x 9' 10" (5.43m x 3.00m)  Downstairs Cloakroom: Approx 5' 2" x 4' 3" (1.58m x 1.3m) | FIRST FLOOR Bedroom One: Approx 11' 5" x 11' 2" (3.47m x 3.40m) Bedroom Two: Approx 11' 5" x 10' 5" (3.48m x 3.17m)  Bedroom Three: Approx 9' 5" x 7' 0" (2.88m x 2.13m)  Bathroom: Approx  8' 2" x 5' 6" (2.48m x 1.68m) | OUTSIDE Garage: Approx 18' 4" x 8' 2" (5.60m x 2.50m)  Driveway to the front providing off road parking

Agent Details

Leysbrook, Letchworth

01462 416614

Next Steps?

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