2-bedroom house · SG6 3WA
Listing removedReduced £20k (−10.3%) on 20 JunListed 568 days
Opportunity summary
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About
Impressive 2 bedroom second floor retirement apartment. Internal viewing comes highly recommended to appreciate this lovely home and development.
One of the largest properties in the block, the accommodation comprises a spacious lounge and additional dining area.
Fitted kitchen with integrated oven & hob, 2 bedrooms & a refitted shower room.
Bennett Court is centrally located in the heart of Letchworth with a 24 hour care line, site manager, communal lounge with kitchen area, laundry room and communal gardens.
All amenities and shops are within easy walking distance including the train station. Communal Entrance Hall 0m x 0m (0' 0" x 0' 0") Communal entrance via intercom. Lifts and stairs to all floors.
Entrance Hall Leading to all rooms. Lounge/Dining Room 14' 3" x 10' 4" (4.34m x 3.15m) Dual aspect with double glazed windows to the front and side overlooking Station Road. Electric heaters.
Recessed area with space for a desk. Double glazed window to the rear. Kitchen 9' 2" x 8' 9" (2.79m x 2.67m) Fitted in a range of matching base and eye level units providing ample storage space.
Single drainer sink unit. Integrated oven and hob with extractor over. Plumbing for a washing machine and slimline dishwasher. Double glazed window to the rear aspect.
Bedroom One 14' 4" x 9' 4" (4.37m x 2.84m) Double glazed window to the front aspect. Electric heater. Full length fitted wardrobe with mirrored doors.
Bedroom Two 13' 9" x 8' 9" (4.19m x 2.67m) Double glazed window to the front aspect. Electric heater. The current owner is using this room as a dining room.
Shower Room Modern suite comprising a low level wc, wash basin with cupboard under and a large walk in shower cubicle with glass screen. Ceramic tiling. Extractor fan. Heated towel rail.
Communal Areas On the ground floor is a spacious residents lounge with kitchen facilities. The lounge has doors that open onto the communal gardens.
Also on the ground floor is the Laundry Room with washing machines and dryers. The Warden's office is also based on the ground floor.
Communal Gardens The communal gardens are very well maintained with well stocked shrub and flower borders. Seated areas. Residents car park.
Agents Note The owners has informed us of the following information: Leasehold: 125 years from March 2001 (101 years remaining) Service Charge: £385.47 per month Ground Rent: £907.14 per year Council tax band: C
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.
Area
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FAQ
About 38, Bennett Court, Letchworth Garden City
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