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See how verdicts work2-bedroom flat · SG4 8YP
Listing removedListed 215 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary A two bedroom ground floor maisonette located in the desirable village of Codicote, offered with a long lease of approximately 143 years.
Benefiting from its own private outside space with patio doors, a garage en-bloc and set within a small block, this property offers excellent potential.
Description We are pleased to present this two bedroom ground floor maisonette, ideally situated within a small and well-maintained block in the highly sought-after village of Codicote.
The property offers well-proportioned accommodation throughout and presents a fantastic opportunity for buyers looking to modernise and add value.
Internally, the home comprises a spacious living area with patio doors opening directly onto a private outside space, providing a great connection between indoor and outdoor living.
There is a separate kitchen, two bedrooms and a bathroom, all offering scope for improvement.
Externally, the property benefits from its own private outside area, ideal for relaxing or entertaining, along with a garage en-bloc providing additional storage or parking.
Further advantages include a long lease of approximately 143 years remaining, making this an attractive option for both first-time buyers and investors.
Located in the charming village of Codicote, the property enjoys a peaceful setting whilst still being within easy reach of local amenities, transport links and nearby towns including Welwyn Garden City and Hitchin.
This is an ideal purchase for those looking to put their own stamp on a property in a desirable village location.
Lounge 17' 2" x 12' 9" ( 5.23m x 3.89m ) Kitchen 10' 7" x 5' 11" ( 3.23m x 1.80m ) Bathroom 6' x 5' 10" ( 1.83m x 1.78m ) Bedroom 1 12' 8" x 8' 10" ( 3.86m x 2.69m ) Bedroom 2 9' 6" x 7' 10" ( 2.90m x 2.39m ) We currently hold lease details as displayed above, should you require further information please contact the branch.
Please note additional fees could be incurred for items such as leasehold packs. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
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FAQ
About 17, The Ridgeway, Hitchin
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