We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · SG4 8YD
Sold STCListed 208 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Belvoir Welwyn are pleased to present this exceptionally well presented two bedroom semi-detached character cottage, ideally positioned just a stone’s throw from Codicote High Street.
The property combines modern updates with a strong sense of character throughout, featuring exposed beams, bay windows, quarry tiled flooring, barn-style doors and traditional fittings including cast iron handles and monkey tail window latches.
The home has been carefully maintained and improved by the current owner, creating a high-quality finish throughout.
The accommodation comprises a bright and spacious lounge with bay window and feature log burner with brick surround, leading through to an inner hallway and a well-appointed kitchen/dining room with a range of integrated appliances including a Neff oven, a one-and-a-half bowl sink unit, and double doors opening onto the garden.
The kitchen also benefits from a kickboard heater fitted beneath the oven. The current owner has also added a ground floor shower room, enhancing the overall layout.
To the first floor there are two well-proportioned bedrooms, with the principal bedroom benefiting from fitted wardrobes, alongside a family bathroom.
The property is naturally bright throughout, with several dual aspect rooms and a south facing garden.
Externally, the property offers gardens to the front, side and rear, with the rear garden arranged for low maintenance and enjoying a southerly aspect.
There is a paved patio area, planting borders, outside taps (hot and cold), storage and gated side access.
Codicote is a well-regarded village with a strong community feel, offering a range of everyday amenities including a village shop, butcher, pharmacy, cafés and pubs.
There are local schooling options within walking distance, and the area is well positioned for commuters with the A1(M) just a short drive away.
Welwyn North station is approximately 10 minutes away, providing regular services into London King’s Cross, while nearby Welwyn Garden City and Hitchin offer further amenities and transport links.
Tenure: Freehold, Agent's Notes Belvoir are advised: Council tax - North Hertfordshire band D Belvoir Disclaimer Every care has been taken with the preparation of these particulars, but they are for general guidance only and complete accuracy cannot be guaranteed.
If there is any point, which is of particular importance please ask or professional verification should be sought. All dimensions are approximate.
The mention of fixtures, fittings and/or appliances does not imply they are in full efficient working order.
Photographs are provided for general information and it cannot be inferred that any item shown is included in the sale. These particulars do not constitute a contract or part of a contract.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Heath Lane, Codicote, SG4
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