2-bedroom flat · SG15 6TP
Listing removedListed 301 days
Opportunity summary
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About
CHAIN FREE... First floor maisonette... 2 DOUBLE bedrooms... Light & spacious LOUNGE... Overlooking SOUTH FACING communal garden... Lockable personal bike storage...
Walking distance to TRAIN STATION... Ground Floor - Communal entrance with staircase to first floor. First Floor - Internal - Entrance Hallway - Door to side aspect.
Full height door to cupboard fitted with carpet, shelves, coat hooks and wall mounted consumer unit. Inset storage shelves. Tile effect laminate flooring.
Doors leading to: Kitchen - 4.14m x 2.09m (13'6" x 6'10") - Window to front aspect.
Wooden wall and base units, glass fronted display units, wine rack and display corner shelves, with complementary work surface and tiled splash back.
Integrated under counter fridge, free standing washing machine and 2 additional spaces for appliances. Integrated double oven, 4 ring gas hob and extractor hood.
Gas boiler concealed in matching wall unit, one and a half bowl sink, under plinth lighting, continuation of tile effect laminate flooring.
Lounge/Diner - 5.28 x 3.2m (17'3" x 10'5") - Window to rear aspect. Carpet. Bedroom 1 - 4.78m x 2.72m (15'8" x 8'11") - Window to rear aspect. Carpet.
Bedroom 2 - 3.75m x 2.72m (12'3" x 8'11") - Window to front aspect. Laminate flooring.
Bathroom - 2m x 1.8m (6'6" x 5'10") - White suite comprising: Flush WC, pedestal wash hand basin, fully tiled paneled bath with wall mounted shower.
Half tiled walls, heated towel rail, continuation of tile effect laminate flooring. External - External Lockable Storage - Personal lockable brick built storage cupboard. Communal garden.
Street parking.
Additional Property Information - Leasehold: years remaining 84 - vendor seeking to extend the lease EPC: Rating C Council Tax: Band A Service Charge: £11.26 pcm Traditional brick and block construction Mains utilities Local Area - The property is situated close to the heart of Arlesey which benefits from being within a 20 minute walk of the train station and situated in the lovely open countryside with excellent walks and cycle routes, whilst also being only a few minutes 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 benefits from a local library, pharmacy, excellent takeaway restaurants and Fish & Chip shop, the local lower school, Gothic Mede Academy and several local pubs.
There are frequent buses passing regularly into Hitchin (10 mins away), Letchworth (5 mins away) and Bedford (30 mins away) with a bus stop very nearby.
There are many nearby middle schools and upper schools of Etonbury Academy and Samuel Whitbread Academy.
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.
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About Gothic Way, Arlesey SG15 6TP
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