3-bedroom house · SG4 0AG
Listing removedReduced £50k (−11.8%) on 7 JulListed 195 days
Opportunity summary
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About
This property requires complete renovation but offers a rare opportunity to create a superb family home in Hitchin, with excellent scope to extend (subject to planning permission).
With a rear garden measuring approximately 230ft, the potential here is truly impressive.
You enter the property via a spacious entrance hall, which leads through to a generous sitting room at the front of the house, featuring a bay window that allows for plenty of natural light.
From the hall, there is also access to a separate dining room overlooking the rear garden, with double doors opening directly onto the outside space.
To the back of the house, the kitchen provides further access to the garden.
While currently in need of full refurbishment, this area offers clear potential to be extended and reconfigured into a large open-plan kitchen, dining and family room, creating a fantastic space for modern family living.
Upstairs, there are three bedrooms and a family bathroom. Two of the bedrooms are well-proportioned doubles, one benefiting from built-in wardrobe space.
The third is a single bedroom, ideal as a nursery, child’s room or home office. The bathroom is also ready for updating but is a bright and generously sized room.
Outside, the front garden features a block-paved pathway leading to the front door, along with a secure side gate providing access to the rear. Mature plants, shrubs and trees frame the frontage.
The rear garden extends to approximately 230ft and, although currently overgrown, represents a significant asset.
Once cleared and landscaped, it could provide extensive outdoor space, room to extend the property (subject to planning permission), and even the potential for a garden office or gym.
The possibilities here are substantial for those looking to take on a rewarding project.
Cadwell Lane is a well-regarded residential road in Hitchin, popular for its character homes and convenient access to the mainline station and town centre, with open countryside right on the doorstep.
It offers an excellent balance of town and country living, with scenic walking routes nearby, while remaining close to well-regarded schools and a wide range of local amenities.
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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.
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FAQ
About 9, Cadwell Lane, Hitchin
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