We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · SG5 2SZ
Sold STCReduced £17k (−6.8%) on 25 OctListed 285 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located on the outskirts of Hitchin, this well-present first floor apartment that is offered to the market CHAIN FREE!
The spacious accommodation has a contemporary feel with a large open plan kitchen/living room. The kitchen area benefitting from integrated eye and base level appliances.
There are also two double bedrooms and a white three piece bathroom. Further benefits include a private garden, double glazing, an allocated parking space and no road restrictions.
A fantastic apartment that must be viewed. Front Door: Composite double glazed front door. Entrance: Entrance hall, stairs to first floor. Carpet as fitted. Lounge/Kitchen Abt.
17' 8" x 11' 08" (3.56m x 5.39m) An open plan Lounge/Kitchen comprising two Double glazed window to the front. Carpet as fitted. TV point. Contemporary vertical radiator. Loft access.
A modern fitted kitchen comprising a good range of eye and base level 'High Gloss' units with ample worktops. Single drainer stainless steel sink unit.
Built-in induction hob, eye level double electric oven and extractor hood. Integrated dishwasher and fridge/freezer. Plumbing for automatic washing machine. Wall mounted gas boiler. Part tiled walls.
Double glazed window to side. Inset ceiling lights. Amtico flooring.
Bathroom: A white three piece suite comprising a 'P' shaped shower bath with mixer tap, rainfall shower over and glass screen, vanity unit with inset wash hand basin and low level WC.
Part tiled walls. Extractor fan. Heated towel rail. Inset ceiling lights. Tiled flooring. Bedroom One: Abt. 9' 10" x 11' 03" (2.99 X 3.42m) A light and airy bedroom. Television point. Radiator.
Carpet as fitted. Double glazed window to the rear. Bedroom Two: Abt. 7' 11" x 12' 03" (4.67m x 1.30m)Double glazed window to rear. Television point. Contemporary vertical radiator.
Carpet as fitted. Garden: A private and enclosed rear garden with a paved patio area and lawn. Gated side access. Storage cupboard.
Front: A block paved frontage provides off road parking. Agents Note: Draft particulars yet to be approved by vendor and may be subject to change.
Anti-Money Laundering (AML): It is a legal requirement that all purchasers comply with Anti-Money Laundering regulations.
As such, once a purchase has been agreed subject to contract, the purchaser/s will be required to undertake an AML check carried out by our third party provider at a cost of £66 inclusive of VAT per property, payable by the applicant/s.
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
FAQ
About Milestone Road, Hitchin, SG5
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