1-bedroom flat · SG15 6AN
Sold STCListed 59 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SUMMARY *** PRIVATE FRONT DOOR *** Offered to the market is this newly built modern apartment situated in a quiet and popular development.
Throughout the property is spacious offering an entrance hall, lounge/diner, kitchen, bedroom, bathroom, communal gardens, and allocated parking with carport.
DESCRIPTION Goodwin Drive, Arlesey provides excellent transport links by road or rail to London and the commute by train to King's Cross and St Pancras takes just 38 minutes.
It also has direct access to the A507, A602 and the A1 motorway, making it an ideal choice for first time buyers and commuters.
Arlesey benefits from a good range of amenities including village stores, post offices, medical practice & pharmacy, pubs, restaurant plus beauty salons & barbers.
The larger towns of Hitchin and Letchworth are just a short drive away with plenty to offer including many restaurants, high street stores, cafes, pubs, banks, cinema and leisure centre.
"Please note that an AML fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead." Internal Entrance Hall Entrance door, laminate flooring laid throughout, spot slights, and radiator fitted.
Lounge/Diner Double glazed window, carpet laid throughout, and radiator fitted.
Kitchen Fully fitted suite comprising of a selection of grey wall and base units with worktop surround, integrated oven with gas hob and extractor fan, integrated fridge freezer, washing machine, and dishwasher, sink-drainer, combi-boiler, tiled flooring and grey part-tiled walls laid throughout, and double glazed window.
Master Bedroom Double glazed window, carpet laid throughout, spot lights, and radiator fitted.
Bathroom Fitted suite comprising of a bath-tub with shower-over, WC, wash-hand-basin, extractor fan, heated-towel-rail, spot lights, tiled flooring and part-tiled walls laid throughout, and double glazed window.
External Car Port One allocated under-cover parking space to the rear of the property. Communal Gardens Communal gardens surround the property.
Bike Shed Large lockable storage shed situated to the rear of the property. Agent Notes: Tenure: Leasehold. Length of lease: 125 years from and including 29th September 2020. 119 years remaining.
Annual ground rent and service charge in the region of £1400 combined (Vendor advises). Lease details are currently being compiled. For 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
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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 advisors before making any investment decisions.
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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 Goodwin Drive, Arlesey
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