2-bedroom house · SG6 4LF
For saleReduced £15k (−5.5%) on 10 OctListed 152 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***brand new unit***over 55 development*** A brand new two-bedroom detached double unit, ideally positioned within the quiet and sought-after development of Hillcrest Park.
This bespoke home has been finished to a high specification throughout and offers a bright and airy interior.
The welcoming entrance hall leads into an impressive lounge measuring approximately 19ft x 19ft, featuring a vaulted ceiling and floor-to-ceiling windows that flood the space with natural light.
Patio doors provide direct access to the rear garden, while an opening leads through to the contemporary kitchen and separate utility room.
The kitchen is fitted with stylish grey wall and base units, complemented by work surfaces, a gas hob with extractor above, and a stainless steel sink with mixer tap.
The property boasts two well-proportioned bedrooms.
The principal bedroom benefits from its own en-suite shower room, while the second bedroom is served by a spacious family bathroom featuring an elegant roll-top bath.
Hillcrest Park is a popular residential development located off Wilbury Hills, offering convenient access to the town centre, local shopping facilities, and the mainline train station.
Letchworth Garden City is well known for its vibrant atmosphere and historic charm, offering an excellent range of shops, restaurants, bars, and leisure facilities.
Local attractions include the Broadway Cinema and The Settlement, while excellent transport links provide easy access to London, Cambridge, and Peterborough via direct rail connections and the A1(M).
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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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.
Area
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FAQ
About 66, Hillcrest Park, Letchworth Garden City
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