3-bedroom terraced house · SG5 1SF
Sold STCListed 143 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This three-bedroom Victorian mid-terrace home offers excellent potential for further enhancement and extension, subject to the necessary planning permissions, and is ideally situated on a central road within walking distance of the town centre, mainline station, popular schooling, and Bancroft Park.
Requiring complete refurbishment throughout, the property is being sold as seen, with no structural surveys having been carried out.
Offered to the market chain free, the sellers are ideally seeking a buyer who is in a position to proceed quickly through to exchange and completion.
The accommodation begins with an entrance hall leading through to two reception rooms, followed by a kitchen and a ground floor bathroom. To the first floor are three bedrooms.
Externally, the rear garden is currently overgrown but features an area of lawn along with a variety of mature shrubs and trees, offering further scope to landscape and improve.
Grove Road offers a highly convenient location, with close proximity to the mainline train station, local amenities, and the town centre.
It's also within the catchment area of some of Hitchin's finest schools and is near recreational parks like Bancroft, Ransoms, and Cadwell Lane, making it an ideal place for families.
Buyers Information: In compliance with the UK's Anti Money Laundering (AML) regulations, we are required to confirm the identity of all prospective buyers at the point of an offer being accepted and use a third party, Identity Verification System to do so.
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Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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 Grove Road, Hitchin, SG5
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