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See how verdicts work2-bedroom property · SG5 1HF
For saleListed 558 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An immaculate and modern two bedroom first floor retirement apartment situated in a sought after development within a short walk to the town centre.
Accommodation comprises entrance hall, spacious living room with modern fitted kitchen including breakfast bar, two double bedrooms and modern fitted shower room.
The development benefits from a lovely communal lounge and facilities and has lifts and stairs to all floors.
The apartment incorporates a spacious lounge/diner, two bedrooms, shower room and resident parking. The development is warden controlled and includes a care alarm system.
Lease Length - 99 Years from 2009 - (owner advised) Service Charge - Approx £3,000 p/a (owner advised) Ground Rent - Approx £500 p/a (owner advised) 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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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 Bedford Road, Hitchin, SG5
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