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See how verdicts work2-bedroom flat · SG5 4SN
Sold STCListed 32 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ground floor with independent front door... 2 double Bedrooms... 246 year lease... En-suite... Open plan living accommodation... 2 parking spaces... Beautifully presented... Integrated appliances...
6 year builder warranty remaining... Internal Entrance Hallway Door to front aspect. Two door storage cupboard housing the consumer unit, mvhr system, space and plumbing for washing machine.
Luxury vinyl flooring. Doors leading to: Open Plan Living/Kitchen/Dining (6.27m x 3.74m (20'6" x 12'3" )) Dual aspect windows to front and rear aspect.
A range of light grey wall and base units with square edged work surface and up stand. Integrated fridge/freezer, dishwasher, single oven, induction hob and extractor hood.
Boiler concealed in matching wall unit, one and a half bowl sink, under plinth lighting, continuation of luxury vinyl flooring. Bedroom 1 (4.01mx 2.87m (13'1"x 9'4" )) Window to front aspect.
Three door built in wardrobe fitted with shelf and rail. Carpet.
Door leading to: En-Suite White suite comprising: Concealed push button wc, wall mounted wash hand basin with 2 door vanity, large fully tiled shower with glass screen, chrome heated towel rail, tiled storage ledge, shaver point.
Luxury vinyl flooring. Bedroom 2 (4.01m x 3.76m (13'1" x 12'4" )) Window to rear aspect. Feature wall with wood panelling. Carpet. Bathroom Window to rear aspect.
White suite comprising: Fully tiled panelled bath with wall mounted shower and glass screen.
Concealed push button wc, wall mounted wash hand basin with 2 door vanity, chrome heated towel rail, tiled storage ledge. Luxury vinyl flooring.
External Front Low level wall and railings to front perimeter with stepped paved pathway with railings to front door. Small low level walled garden area with established shrubs. External light.
Side gated access to communal garden. Communal Garden - Rear West facing communal garden with fence perimeter, patio and lawn area. Personal lockable bike storage plus communal bin store.
Parking 2 parking spaces - tandem.
Additional Property Information Leasehold- 246 years remaining EPC: Rating B Council Tax: Band C Service charge: £1,059 per year Estate Charge: £311 per year Build Zone Builders Warranty - 6 years remaining Mvhr - Mechanical ventilation with heat recovery system Mains utilities Traditional brick and block construction Communal bin storage Personal lockable bike storage Local Area This property is located in Fairfield Gardens close to the countryside, it is situated within a 5 minute walk to Fairfield Park with 100's of acres of stunning parkland, all internal pathways and green communal areas are kept to a very high manicured standard.
Fairfield Park offers fantastic walks around both the Green and Blue lagoons, as well as the established parkland.
There are two lower schools, Fairfield Park, Ruskin Drive & Fairfield Park, Dickens Blvd along with nearby middle and upper schools of Etonbury Academy, Pix Brook and the renowned Samuel Whitbread Academy.
There is a regular bus service to Letchworth & Hitchin plus easy access to all major link roads A1, link roads to the M1 into London and Cambridge as well as Bedford and Milton Keynes.
Fast train links into London Kings Cross & London St Pancras via Letchworth & Arlesey circa 38-44mins.
London Stansted circa 40mins drive, London Luton Airport circa 20mins drive On the nearby Fairfield Park there is a Tesco's convenience store, Bannatyne's Gym and Spa, The Orchard Restaurant and Eden hair salon along with Fairfield Park Cricket & Bowls Club.
There are many secure play parks for children along with speed restricted roads for family safety.
Agents Note The apparatus, equipment, fittings and services for this property have not been tested by the agent, all interested parties will need to satisfy themselves as to the condition of any such items or services.
All measurements are approximate and therefore may be subject to a small margin of error.
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
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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 34, Cavendish Lane, Hitchin
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