3-bedroom detached house · SG6 3TP
Sold STCListed 265 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This centrally located early Garden City detached house is need of considerable TLC, but offers enormous potential • Good plot with 69’ long south facing rear garden • Off-street parking and garage • Only a third of a mile from the mainline railway station • Exterior imagery only at this stage.
The Property - The absence of interior photography is intentional and reflects the scale of modernisation required.
What awaits is a fine early Garden City detached house, offering considerable reward to those willing to reimagine it.
The property is presented as a comprehensive refurbishment opportunity and is therefore marketed with exterior imagery only at this stage.
A particular rarity in Letchworth, the house proudly displays its attractive original brickwork rather than the more common roughcast render.
It retains much of its period character, complemented by an extended kitchen and the addition of a garden room to the two original reception rooms. A cloakroom/WC completes the ground floor.
Upstairs, there are three double bedrooms and a bathroom, while gas-fired central heating serves the property.
The Outside - The house stands in a plot measuring approximately 131' by 44'6" (39.9m x 13.6m) overall. The driveway provides off-street parking and leads to the attached garage.
The gardens also offer a largely blank canvass for the prospective owner, with some ornamental trees to the front and a south facing garden to the rear with a depth of some 69' (21m).
The Location - The house enjoys a desirably central location on the southern edge of the town centre and just a third of a mile from the mainline railway station.
Letchworth Garden City is on the London to Cambridge mainline with regular services running throughout the day.
The fastest journeys to London King's Cross taking just 29 minutes, as do the fastest services to Cambridge. Junction 9 on the A1(M) is only a mile and a half's drive away.
Designed in the early 20th Century to combine the benefits of town and country, Letchworth Garden City was the world’s first example of this concept and succeeds to this day in achieving its aim.
The town provides excellent schools, shops, green open spaces and other leisure facilities. Construction - Solid brick under a tiled pitched roof.
Services - Mains water, sewerage, gas and electricity are connected to the property. Broadband Speed - A choice of providers with claimed download speeds of up to 10,000 Mbps.
Mobile Signal - Most providers claim up to 5G coverage, a few only 4G. Conservation Area - The property is located within the Letchworth Conservation Area.
The Letchworth Garden City Heritage Foundation - To maintain the integrity of the Garden City concept and design, properties are subject to the additional planning requirements of the Heritage Foundation.
Tel: Restrictive Covenants - A restrictive covenant is a clause in an agreement that restricts, limits, prohibits, or restricts how owners can use a property.
These could include: property use (e.g., business and rental use), the number and type of vehicles allowed on the property, fence height and type, removal of trees, paint colours for the front door or garage, installation of satellite dishes and even types of animals allowed at the property.
For more information, please ask the agent.
Easements - Having an easement on your property means that a third party (an individual or a utility company for example) has a right to use your property for a particular purpose.
This could be passing by foot or with vehicles over your property, or a right to pass service media for utilities on, over or under your property.
An easement could also allow a neighbour to access your property in order to carry out repairs to their own property. For more information, please ask the agent.
Flooding - Properties can be at risk of flooding and it is important for you to check if the property has been flooded in the last 5 years, what flood defences are in place and source of any flooding.
For more information, please ask the agent.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Pixmore Way, Letchworth Garden City
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