1-bedroom house · SG5 1HB
For saleListed 197 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This generously proportioned one bedroom first floor retirement apartment offers a wonderful opportunity to enjoy comfortable, secure living right in the centre of Hitchin.
Perfectly positioned for easy access to the town’s charming shops, cafés, and amenities, the property combines convenience with a peaceful residential setting.
The entrance hall leads through to a bright and airy living/dining room and the separate kitchen is neatly arranged and well equipped, offering everything needed for day-to-day living.
The double bedroom provides ample room for furnishings and benefits from a pleasant outlook, while the shower room completes the accommodation with ease and practicality.
Designed exclusively for those seeking a well maintained retirement community, the development offers a reassuring environment with communal facilities and beautifully kept grounds.
We have been advised by the vendor that the remaining lease on the property is 125 years (from 01/09/2008).
There is a current Ground Rent of £449.82 paid annually and an Annual Service Charge of £9,575.64 which is paid in monthly instalments.
Hitchin is a charming medieval market town and has many fine Tudor and Georgian buildings, particularly around the market square.
Near to the market square stands the large medieval parish church of St Mary.
The town provides good shopping as well as a swimming pool, football team, two theatres, a wide variety of restaurants and pubs and highly regarded girls’ and boys’ schools.
There is also a mainline railway station providing direct access to Kings Cross and Cambridge.
Value & comps
No previous sales on record.
Returns
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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 Archers Court, Elmside Walk, Hitchin
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