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See how verdicts work2-bedroom flat · SG6 1FL
For saleReduced £25k (−9.1%) on 26 OctListed 142 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available with no upper chain, this attractive two double bedroom apartment offers well-designed accommodation, ideal for first-time buyers, professionals, or investors.
Bright and spacious throughout, this property is located just a short 15 minute walk from Letchworth town centre and mainline station and benefits from gas central heating and allocated parking.
Mobile Signal Good Step Inside: This attractive two bedroom apartment offers well designed accommodation, ideal for first time buyers, professionals, or investors.
The property is accessed via a bright private entrance hall on the ground floor with stairs leading to the hallway and main living accommodation.
At the heart of the home is a bright and spacious open-plan living/dining room, providing an excellent space for relaxing and entertaining and is open plan to the adjoining fitted kitchen which offers ample worktop and storage space, creating a practical and sociable layout with space for a breakfast table.
The apartment features two double bedrooms, including a principal bedroom with the added benefit of an ensuite shower room and built in wardrobes while the second bedroom provides flexible accommodation for guests, a child’s room or a home office.
A separate family bathroom and useful storage cupboard complete the internal layout. With a well balanced floor plan, generous living space, and pr...
About The Area: Principal Court is a distinctive and highly regarded development situated in the heart of Letchworth Garden City, the world's first Garden City.
The development enjoys a peaceful setting while remaining conveniently positioned for the town centre and excellent transport connections.
Letchworth Garden City offers an excellent range of everyday amenities including supermarkets, independent shops, cafés, restaurants, leisure facilities and green open spaces.
Residents benefit from easy access to a variety of parks, walking routes and recreational facilities, reflecting the town's renowned garden city heritage.
For commuters, Principal Court is ideally located approximately 0.7 miles from Letchworth Garden City station, providing regular Great Northern and Thameslink services to London King's Cross, St Pancras, Gatwick and Brighton.
The town also enjoys convenient road access via the A1(M), connecting to London, Stevenage, Welwyn Garden City and the wider motorway network. Regardin...
Step Outside: Set within exceptional communal grounds, the development is centred around a stunning landscaped courtyard, beautifully planted with mature trees, ornamental shrubs, and seasonal flowers.
Carefully maintained pathways and seating areas create a tranquil garden setting, while the attractive period-inspired architecture provides an elegant backdrop.
The communal gardens are immaculately presented throughout the year, offering residents a peaceful and attractive outdoor environment to enjoy.
The development also benefits from well-kept frontage, landscaped lawns, and resident parking facilities.
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 applicants comply with Anti-Money Laundering regulations.
As such, once a purchase or tenancy has been agreed subject to contract, the applicant(s) will be required to undertake an AML and financial sanctions check carried out by our third party provider at a cost of £66 inclusive of VAT per property, payable by the applicant(s).
Material Information: We are advised by the seller/landlord/tenant of the following information in good faith but its accuracy is not guaranteed and you should make your own investigations before committing to a sale or letting.
Please note in terms of mobile/phone reception, this is the view of the seller/landlord/tenant based on their current provider.
Water: Mains Electric: Mains Drainage: Mains Flood risk: No Mobile/Phone: Good Tenure: Leasehold Council Tax Band: C Council tax payable: £2,146 Length of lease: 107 years Ground Rent details: £319.76 Service charge Details: £1,219.49 For further material information please contact the office marketing this property.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
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FAQ
About Principal Court, Letchworth Garden City, SG6
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