2-bedroom flat · SG15 6UY
Listing removedListed 77 days
Opportunity summary
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About
Chain free... 2 double bedrooms... Communal garden... Allocated parking... Shower room... Independent front door... Within walking distance to train station...
135 year lease and Council Tax band A.... Internal Ground Floor Entrance Hallway Door to front aspect. Carpet. Doors leading to: Living Room (4.21m x 2.58m (13'9" x 8'5")) Window to front aspect.
Carpet. Doors leading to: Kitchen (2.68m x 2.26m (8'9" x 7'4")) Window to rear aspect. White wall and base units with complementary work surface and tiled splash back.
Free standing fridge freezer, washing machine, single electric oven and extractor hood. Single bowl sink and drainer, ceramic tiled flooring. Door leading to: Shower Room Window to side aspect.
White suite comprising: Push button wc, vanity wash hand basin, single fully tiled corner cubicle shower with glass door. Half tiled walls, heated towel rail, wall mounted light up mirror.
Storage cupboard housing the boiler. Ceramic tiled flooring. Bedroom 1 (3.99m x 2.78m (13'1" x 9'1" )) Window to front aspect. Carpet. Bedroom 2 (4.21m x .26m (13'9" x .85'3")) Window to front aspect.
Small low level cupboard housing meter. Carpet. External Front Aspect Paved pathway and steps to personal front door to property. Small grass area on both sides of front door.
Side gated access to communal garden. Communal Stairway Communal stairway with door leading to communal garden. Meter cupboard located in hallway. Communal Garden Fence perimeter.
Side gated access to communal garden. Patio area leading to large lawn area with border with established shrubs and plants. Communal shed for all 10 flats to use.
Parking One allocated parking space, closest to flat 1 front door.
Additional Property Information Leasehold: 135 years remaining EPC: Rating D Council Tax: Band A Mains utilities Traditional brick and block construction Allocated parking space Local Area The property is situated in the desirable "Church End" of Arlesey which benefits from being within a 10 minute walk of the train station and situated in the lovely open countryside with excellent walks and cycle routes, whilst also being only a few minutes from the A1(M).
Arlesey train service has fast trains to London's Kings Cross & London St Pancras (circa 35-45 mins), every 30 minutes.
Arlesey benefits from a local library, pharmacy, excellent takeaway restaurants and Fish & Chip shop, the local lower school, Gothic Mede Academy and several local pubs.
There are frequent buses passing regularly into Hitchin (10 mins away), Letchworth (5 mins away) and Bedford (30 mins away) with a bus stop very nearby.
There are many nearby middle schools and upper schools of Etonbury Academy and Samuel Whitbread Academy.
Agent Note The apparatus, equipment, fittings and services for this property have not been tested by First Step, all interested parties will need to satisfy themselves as to the condition of any such items or services.
All measurements are approximate and therefore may be subject to a small margin of error. These details are to be used as a guide only and their accuracy is therefore not guaranteed.
Value & comps
No previous sales on record.
Returns
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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.
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About Arlesey House, Flat 1, Church End, Arlesey
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