65 Mowbray Crescent, Stotfold, Hitchin

Description

Situated in a cul-de-sac off Regent Street, close to the amenities available in Stotfold Town Centre and a short drive away from travelling facilities including Arlesey Train Station. A Semi-Detached House requiring modernisation.

Accommodation

Two floors comprising: First Floor: Bedroom (One), Bedroom (Two), Bedroom (Three), Bathroom/WC. Ground Floor: Entrance Hall, Living Room, Kitchen, Conservatory, WC. Garage. Front forecourt providing off-street parking. Garden at rear.

Location

Situated in a cul-de-sac off Regent Street, close to the amenities available in Stotfold Town Centre and a short drive away from Arlesey Train Station.

Tenure / Property Information

Investment Analysis

The five supplied same-street freehold semi-detached sales range from £356,000 to £445,500. The latest sale, No. 2 Mowbray Crescent, completed at £383,500 on 27 July 2026, and the median of the supplied evidence is also £383,500. A base GDV of £383,500 is therefore used, with £356,000 as a low scenario and £445,500 as a high scenario. These are indicative scenarios only because floor areas, specification, sale condition and detailed comparability are not supplied.

Investment Snapshot

Strategy Recommendation

Potential value-add purchase, but do not bid based on the guide alone. Obtain an inspection, itemised modernisation budget and verified local rental evidence; proceed only if the resulting total project cost supports the chosen exit.

Works Required

The property is described as requiring modernisation, but no itemised defects or scope are provided. Obtain a survey and contractor quotations before bidding; the works allowance cannot be quantified from the evidence supplied.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £225,000 guide, the buyer premium adds £1,500, giving known acquisition costs of £226,500 before refurbishment, seller fees, finance and tax. The 75% refinance scenario on the base GDV is £287,625, but cash left in cannot be calculated because refurbishment and other project costs are unsupported.

Buy-to-Let Analysis

Rental evidence is limited to advertised asking rents, not achieved rents, and is not sufficiently property-specific. The £1,295 to £2,600 pcm range produces indicative guide-price gross yields of approximately 6.91% to 13.87%, but a reliable BTL yield cannot be established. The £2,600 listing is for a three-bedroom property but covers a broad Hertfordshire and Bedfordshire area.

Flip Analysis

The base GDV of £383,500 implies a gross difference of £158,500 against the £225,000 guide before refurbishment, acquisition costs, finance, selling costs and tax. A dependable flip surplus or maximum bid cannot be calculated because no works budget or selling allowance is supplied.

Investor Risks & Due Diligence

• The property is stated to require modernisation, but the scope and cost of works are unknown.

• The supplied comparable sales vary materially from £356,000 to £445,500 and detailed differences in size, specification and condition are not provided.

• Rental figures are advertised asking rents rather than achieved rents; most are broad-area evidence and not directly property-specific.

• The £1,500 buyer premium is payable, and additional seller fees may apply under the special conditions.

• The buyer must fund the balance of the 10% deposit, subject to the stated minimum deposit requirement, within 24 hours.

Recommendation

Potential value-add purchase, but do not bid based on the guide alone. Obtain an inspection, itemised modernisation budget and verified local rental evidence; proceed only if the resulting total project cost supports the chosen exit.

Strategy Rating

Analysis Confidence

There are several directly comparable same-street completed sales and the property tenure, accommodation and occupancy are supplied. However, condition costs, floor area, verified achieved rent, selling costs and any seller fees are unavailable.