2-bedroom terraced house · SG16 6EH
Listing removedListed 680 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two bedroom shared ownership property with two allocated parking spaces is offered with no upward chain.
The property is located in a quiet cul de sac with access to bus links into Hitchin providing rail links into the city. Entrance Hallway 15' 6" x 6' 5" (4.72m x 1.96m) Wood effect flooring. Radiator.
Stairs rising to 1st floor. Under stair storage cupboard. Doors leading to kitchen/diner, lounge & WC. Kitchen/Dining Room 15' 5" x 8' 3" (4.70m x 2.51m) Double glazed window to front aspect.
A range of wall and base units with complementary work surfaces over. Stainless steel sink with drainer unit. Electric oven with 4 ring gas hob with extractor hood over. Space for washing machine.
Space for tumble dryer. Space for fridge freezer. Wall mounted gas boiler. Tiled flooring. Radiator. Living Room 14' 10" x 10' 4" (4.52m x 3.15m) Double glazed window to rear aspect.
Part glazed door leading to rear garden. Two radiators. WC Wall mounted wash hand basin, wc. Wood effect flooring. Radiator. Landing Double glazed window to all bedrooms and family bathroom.
Airing cupboard housing hot water tank. Access to loft. Bedroom 1 15' 0" x 9' 6" (4.57m x 2.90m) Double glazed window to front aspect. Built in wardrobe. Radiator.
Bedroom 2 13' 8" x 8' 3" (4.17m x 2.51m) Two double glazed windows to rear aspect. Two radiators. Wet Room/Family Bathroom Obscure double glazed window to front aspect.
Three piece suite comprising wc, pedestal wash hand basin, shower. Radiator. Front Garden Pathway leading to front door with shrub borders. Allocated parking for 2 cars.
Rear Garden Enclosed by timber fencing. South facing garden laid mainly to lawn with paved patio area. Wooden shed (to remain). Gated access to front aspect.
Agents Note The property is currently Shared Ownership with Grand Union Housing. Current owner has a 50% share with advance rent payable on 50% share is £417.95 per month.
The 99 yr lease commenced on 22/9/2005 with 79 yrs remaining.
For all your mortgage needs contact Dawn Olney at Mortgage Vision on or email: Preliminary details - not yet approved and may be subject to changes
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
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FAQ
About 29, Birch Grove, Henlow
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