2-bedroom flat · SG5 1YA
For saleListed 54 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
CHAIN FREE......Alexander Lewis are pleased to bring to market this extremely spacious first floor maisonette in the ever popular town of Hitchin.
The property comes with a much larger than average master bedroom, a single garage and an extended lease of 169 years. Perfect for a FTB or a downsizer.
Hitchin town centre has a variety of shops, pubs and restaurants. There is also an open air market every Tuesday and Saturday, which has been taking place for over 500 years.
The Queen Mother theatre is a modern purpose built theatre with a programme of professional and amateur productions.
The Hitchin swimming centre has outdoor and indoor pools allowing year round swimming.
Hitchin has a range of schools, including the Boys` and Girls` Schools, which are both rated outstanding by Ofsted. Hitchin train station, from where trains to Kings Cross take just 30 minutes.
Entrance Hall Door to front aspect. Lounge/Diner - 17'9" (5.41m) x 14'6" (4.42m) Double glazed window to rear and side aspect. Electric radiator. Storage cupboard.
Kitchen - 11'3" (3.43m) x 7'7" (2.31m) Double glazed window to front aspect x 2. Fitted kitchen comprising of a range of wall and base units. Integrated oven and hob. Over stairs cupboard.
Landing Access to a loft. Airing cupboard and cupboard housing water tank. Bedroom One - 14'6" (4.42m) x 10'7" (3.23m) Double glazed window to rear and side aspect. Radiator.
Bedroom Two - 11'9" (3.58m) x 9'5" (2.87m) Double glazed window to rear aspect. Radiator. Over stairs cupboard. Bathroom Double glazed window to rear aspect. Bath. Shower over bath. Wash hand basin.
WC. Heated towel rail. Garden Communal grounds. Garage Single garage en bloc. Parking Free for all parking. Brick Shed Brick shed included for this property.
Notice Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items.
All measurements are approximate and photographs provided for guidance only.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Shepherds Mead, Hitchin, SG5 1YA
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