2-bedroom flat · SG15 6QY
For saleReduced £7k (−6.3%) on 13 OctListed 154 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**shared ownership** Welcome to Harrowell House, a well presented 2 bedroom first-floor apartment located on St. Johns Road in the charming town of Arlesey.
This property offers a comfortable living space of 570 square feet, making it an ideal choice for individuals or small families seeking a light and spacious home.
One of the standout features of this apartment is the allocated parking space, which is a valuable asset in this area.
Residents will appreciate the ease of access to local amenities, with shops, schools, and parks just a short distance away.
Full Market Value: £224,000 50% Share: £112,000 Rent: £342.02 pcm Service Charge: £110.01 pcm 80 Year Lease – currently being extended an additional 90 years EPC Rating: C Council Tax Band: B Hallway: Smoke alarm.
Radiator. Ceiling light. Large storage cupboard. Lounge/Dining Area: (3.74m x 3.64m (12'3" x 11'11")) Three UPVC double glazed windows. TV point, BT socket, TV aerial outlets. 2 radiators.
Ceiling light. Carpet. Opening to: Kitchen: (3.82m x 1.80m (12'6" x 5'10")) UPVC double glazed window. A range of modern base and wall units with complementary worktop.
Stainless steel sink unit with drainer. Integrated oven, gas hob and overhead extractor fan with tiled splashback. Spaces for washing machine & fridge/freezer. Extractor fan. Vinyl flooring.
Plinth heater. Ceiling light. Bedroom 1: (4.11m x 2.71m (13'5" x 8'10")) UPVC double glazed window. TV point, BT socket, TV aerial outlets. Carpet. Ceiling light. Radiator.
Bedroom 2: (3.15m x 2.24m (10'4" x 7'4")) UPVC double glazed window. Carpet. Ceiling light. Radiator. Bathroom: UPVC double glazed privacy window.
A white suite comprising: Panelled bath with chrome mixer taps, wall mounted shower. Low level push button wc. Wall mounted wash hand basin with chrome mixer taps. Vinyl flooring. Radiator.
Extractor fan. Ceiling light. External: Allocated parking space. Bin storage. Communal garden.
Local Area: The property is situated in Arlesey which benefits from the lovely open countryside close by with excellent cycle routes, whilst also being only a few minutes drive from the A1(M).
Arlesey train service has fast trains to London's Kings Cross & London St Pancras (circa 35-45 mins), every 30 minutes.
Arlesey also benefits from a local library, pharmacy, excellent takeaway restaurants & several pubs.
There are frequent buses passing regularly into Hitchin (10 mins away), Letchworth (10 mins away) and Bedford (30 mins away) with a bus stop very nearby.
Gothic Mede is the local lower School with the nearby middle schools and upper schools of Etonbury Academy and the renowned Samuel Whitbread Community College.
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. These details are to be used as a guide only and their accuracy is therefore not guaranteed.
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
Agent & docs
FAQ
About 3 David Harrowell House, St. Johns Road, Arlesey
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