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See how verdicts work2-bedroom flat · SG5 4FY
No longer listedReduced £10k (−4%) on 2 SepListed 167 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Chain free... 2 double bedrooms... Allocated parking... Entertaining living accommodation... Lift & staircase access... Stunning Grade II listed building... Peaceful rural setting...
Internal Ground Floor Entrance Hallway Door to front aspect. Full height storage cupboard. Laminate flooring. Lounge/Diner (6.5m x 4.1m (21'3" x 13'5" )) Window to rear aspect.
Continuation of laminate flooring. Opening to: Kitchen (2.9m x 2.0m (9'6" x 6'6" )) A range of light wood wall and base units with complementary work surface and tiled splash back.
Integrated fridge/freezer, dishwasher, washer/dryer, double oven, 4 ring gas hob and extractor hood. Single bowl sink and drainer, under plinth lighting, continuation of laminate flooring.
Bedroom 1 (3.4m x 3.3m (11'1" x 10'9" )) Window to rear aspect. Continuation of laminate flooring. Bedroom 2 (3.3m x 3.2m (10'9" x 10'5" )) Window to rear aspect.
2 door mirrored wardrobe fitted with shelf and rail. Continuation of laminate flooring.
Bathroom (303m x 1.9m (994'1" x 6'2" )) White suite comprising: Fully tiled panelled bath with wall mounted shower and glass screen, push button wc, pedestal wash hand basin, wall mounted mirror, tiled walls.
Storage cupboard housing the boiler. Ceramic tiled flooring. External 1 allocated parking space in private gated car park with ample visitor parking to rear of property.
Additional Property Information Leasehold : 976 years remaining Council Tax: Band D Service Charge: £3334 per annum Ground Rent: £150 per annum Mains utilities Traditional brick and block construction Grade II listed building Local Area The property is situated within 100's of acres of stunning parkland, all internal pathways and green communal areas are kept to a very high manicured standard.
Fairfield Park offers fantastic walks around both the Green and Blue lagoons, as well as the established parkland.
There is a lower school on the park with nearby schools: Pixbrook Academy, Etonbury Academy, & Samuel Whitbread Academy Fairfield Park is centrally located to all major link roads A1, link roads to the M1 into London and Cambridge as well as Bedford and Milton Keynes.
Fast train links into London Kings Cross via Letchworth are approximately 35-40mins.
On the park itself there is a Tesco's convenience store, Bannatyne's Gym/Spa, dry cleaners and Eden hair salon along with Fairfield Park Cricket and Bowls Club.
There are many secure play parks for children along with speed restricted roads for family safety.
Agents Note The apparatus, equipment, fittings and services for this property have not been tested by the agent, all interested parties will need to satisfy themselves as to the condition of any such items or services.
All measurements are approximate and therefore may be subject to a small margin of error. These details are to be used as a guide only and their accuracy is therefore not guaranteed.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Apartment 138 South Wing, Fairfield Hall, Kingsley Avenue, Hitchin
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