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See how verdicts work1-bedroom flat · SG5 1PR
Sold STCReduced £15k (−8.3%) on 29 AugListed 140 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well Presented One Bedroom Apartment with Garage and No Onward Chain Offered to the market with no onward chain, this well proportioned one bedroom apartment presents an excellent opportunity for first-time buyers, investors, or those looking to downsize.
The accommodation comprises a bright and comfortable living room, a fitted kitchen, a spacious double bedroom, and a bathroom, providing a practical and easy-to-maintain layout.
A particular feature of the property is the inclusion of two purpose-built outbuildings, offering valuable additional storage space, ideal for bicycles, tools, outdoor equipment, or general household items.
Further benefits include a garage en bloc located to the rear of the property, providing secure parking or further storage options.
In addition, residents benefit from access to further unallocated parking situated behind an automatic barrier, offering convenient additional parking for homeowners and visitors alike.
Conveniently situated within easy reach of Hitchin's excellent amenities, transport links, and vibrant town centre, this property combines practicality with a highly desirable location.
A fantastic opportunity to acquire a well located property with excellent storage and parking facilities. Early viewing is highly recommended.
We have been advised by the vendor that the remaining lease on the property is 84 Years from 2026.
There is a peppercorn Ground Rent of £10 with a variable Service Charge of approximately £567 per annum.
Hitchin is a charming medieval market town and has many fine Tudor and Georgian buildings, particularly around the market square.
Near to the market square stands the large medieval parish church of St Mary.
The town provides good shopping as well as a swimming pool, football team, two theatres, a wide variety of restaurants and pubs and highly regarded girls’ and boys’ schools.
There is also a mainline railway station providing direct access to Kings Cross and Cambridge.
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 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 Abbiss House, Hazelwood Close, Hitchin
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