2-bedroom flat · SG6 1TY
Listing removedListed 105 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This apartment has been freshly redecorated and has its own front door which leads to a small entrance hall with laminate flooring and a door through to the living room.
A dual aspect 20ft living room with uPVC double glazed windows to the side and rear, leads through to an inner hallway with doors to the rest of the accommodation - a brand new modern fitted kitchen with matching wall and base units and integrated oven and hob, two bedrooms and a modern bathroom suite finish off this apartment.
Outside the property benefits from an allocated parking space and is available now! View ASAP to appreciate and avoid disappointment!
Located on the North side of Letchworth this apartment is under 1.5 miles / 30-minute walk to Letchworth's mainline station/Town Centre.
The nearest local amenities are all within a couple of minute's walk from the property and there are good links to the A1 & A507.
A security deposit is payable at the time of your offer being accepted by the landlord/s. This is equivalent to one weeks rent and for this property is £298.02.
This does then form part of your five week holding deposit meaning once all satisfactory references are passed you will then be required to pay £1,192.10.
For more information please contact the office.
Mobile Signal Good 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: Low Mobile/Phone: Good - Further information can be found here: Tenure: Leasehold Council Tax Band: B Council tax payable: Roughly around £120 per month.
Length of lease: Periodic Ground Rent details: n/a Service charge Details: n/a For further material information please contact the office marketing this property.
Agents Note: A security deposit is payable at the time of your offer being accepted by the landlord/s. This is equivalent to one weeks rent and for this property is £298.02.
This does then form part of your five week holding deposit meaning once all satisfactory references are passed you will then be required to pay £1,192.10.
For more information please contact the office.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Kristiansand Way, Letchworth Garden City, SG6
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