We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · SG6 1AR
Listing removedListed 441 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This very well maintained and well presented retirement bungalow is nestled within beautiful and very well maintained communal gardens a short distance from Letchworth Town Centre The development is managed by the Homegroup and is for people of 50 years of age and over.
The bungalow is set within a small courtyard cluster and the accommodation comprises of a lovely bright dual aspect living room, a fitted kitchen, a dual aspect double bedroom with and En-suite WC, a further double bedroom/dining room and a shower room.
There is ample residents parking within communal bays and garages are available to rent when available.
There are further communal facilities within the development and these include a communal lounge, kitchen and for laundry. NB.
A new 99 year lease is given to the new owners each time a property changes ownership.
Entrance A paved courtyard with attractive central raised flower bed, outside lighting, storm canopy and an obscured part glazed timber door leading into: Entrance Hall With front and side aspect double glazed windows, airing cupboard, built in double storage cupboard, radiator and doors to all rooms.
Living Room 15'4 x 12'4 A lovely bright dual aspect room with front aspect double glazed window, rear aspect window and double glazed sliding patio door, TV point and radiator.
Fitted Kitchen 11'1 max x 8'1 max With rear aspect double glazed window, a good range of eye and base level units, laminated work surfaces with complimentary tiled splash backs, single bowl sink drainer unit with mixer tap, space for a gas oven, space for a fridge/freezer, space and plumbing for washing machine and a wall mounted gas fired boiler.
Bedroom One 15'5 max x 9'2 max Lovely dual aspect room with front and rear aspect double glazed windows, built in double wardrobe, two radiators and door into: En-Suite WC With rear aspect obscured double glazed window, low level WC, fitted vanity unit with inset hand wash basin with mixer tap, drawers below and a radiator.
Bedroom Two/Dining Room With rear aspect double glazed window, built in double wardrobe/storage cupboard and radiator.
Shower Room With rear aspect obscured double glazed window, tiled walls, low level WC, vanity unit with inset hand wash basin with mixer tap, cupboard below, walk in shower and radiator.
The shower room has the added facility of a ceiling mounted Infra Red heater which can be used to dry off after taking a shower.
Agents Note All rooms are fitted with emergency pull cords for warden assistance.
Disclaimer haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
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 The Maltings, Norton Road, Letchworth Garden City
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