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See how verdicts work2-bedroom maisonette · SG4 0AW
Listing removedReduced £10k (−3.1%) on 20 JunListed 436 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located within walking distance of Hitchin Train Station and Hitchin Town centre this two bedroom maisonette would make an ideal first time purchase of investment purchase.
The property has been greatly improved by the vendors which includes a newly fitted kitchen and bathroom.
Accommodation comprises of large entrance hall with ample storage, newly fitted kitchen, large lounge/diner with built in cupboard. To the first floor there is a large landing with doors to all rooms.
The bathroom has been newly fitted. The master bedroom benefits from a large walk in cupboard (previously an en-suite, the plumbing is still within the cupboard) and doors on to balcony.
An internal viewing is highly recommended to appreciate this lovely property. There is also the added benefit of underground parking.
The vendors have informed us that there is the possibility to rent additional spaces. Service charge is £148 a month, Ground rent is £25 a month and Lease is 109 years approx
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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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
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FAQ
About Watersmeet,98, Grove Road, Hitchin
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