45, Hockerill, HERTFORD, Hertfordshire, SG14 3SQ

Description

Freehold link detached house arranged over ground and first floors requiring modernisation. Accommodation: First floor: Three bedrooms, bathroom/WC, landing Ground floor: Bedroom four, reception room, kitchen, cloakroom/WC, entrance hall Outside: Front and rear gardens, storeroom Gross Internal Area (GIA): Approximately 91 sq m (979 sq ft)

Location

The property is situated on Hockerill which is located off Station Road via Rectory Lane within the village of Watton-at-Stone. Public transport links include Watton-at-Stone Mainline Rail Station together with a network of local bus services serving the surrounding vicinity. Rail services provide connections to Hertford, Stevenage, Cambridge and London via connecting services. Road links include the A602 and A1(M), providing access to Hertford, Stevenage, Welwyn Garden City and the wider motorway network. Shopping amenities can be found locally within Watton-at-Stone Village Centre, with an extensive range of shops, bars and restaurants being found in Hertford Town Centre. Recreational pursuits can be found locally at the open spaces of Watton-at-Stone Recreation Ground, Hartham Common and the surrounding Hertfordshire countryside.

Investment Analysis

Investment Snapshot

Property & Refurbishment

Initial feasibility allowance: £30,000–£65,000. This is not a contractor quotation and should be confirmed following inspection and detailed scope.

Rental Analysis

No reliable auctioneer-published current rent was identified in the supplied scrape. Market rent should be independently verified before bidding.

GDV / Resale Analysis

No independent RICS/Land Registry comparable valuation has been inserted solely from the scraped auction data. End value should be confirmed against recent genuinely comparable transactions before bidding.

Properties Sold Within Approx. 5 Miles

No independently verified sold comparables are inserted from the auction scrape alone. Confirm recent Land Registry/RICS comparable evidence before relying on a GDV.

Investor Risks & Due Diligence

• Review the full legal pack and title before bidding

• Confirm all auction administration / contract charges

• Verify property condition and obtain appropriate surveys

• Confirm refurbishment costs with contractor quotations

Recommendation

Preferred strategy: Refurbishment & Resale. This recommendation is an initial appraisal based on the auctioneer's published property information and should be tested against the legal pack, inspection, finance and local market evidence.

Strategy Rating

Flip: ★★★★☆

BRRR: ★★★☆☆

Buy-to-Let: ★★★☆☆