2-bedroom flat · SG15 6AW
For saleListed 3 days
Opportunity summary
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About
**shared ownership** 2 double bedrooms... 2 allocated parking spaces.... En suite... Spacious lounge... Walking distance to Arlesey Station... Only £84,000 for A 35% share...
Full Market Value: £240,000 35% Share: £84,000 Rent: £468 pcm Service Charge: £74.84 pcm 94 Year Lease EPC Rating: B Council Tax Band: B Hallway: Storage cupboard. Radiator. Vinyl flooring.
Lounge/Dining Area; (4.24m x 4.88m (13'10" x 16'0")) UPVC double glazed window. Carpet. TV point & BT point. Radiator.
Open to: Kitchen Area: (3.50m x 2.22m (11'5" x 7'3")) UPVC double glazed window. Range of Cashmere base and wall units with complementary worktop and upstand.
Stainless steel sink unit and drainer with mixer tap. Integrated oven, hob and extractor hood. Spaces for washer/dryer, dishwasher and fridge/freezer. Vinyl flooring. Radiator. Smoke detector.
Carbon monoxide alarm. Extractor. Bedroom 1: (4.16m x 3.04m (13'7" x 9'11")) UPVC double glazed window. Carpet. TV point. BT point. Radiator. Door to: En Suite: UPVC double glazed privacy window.
White suite comprising: Shower cubicle with wall mounted shower and sliding glass doors. Pedestal wash hand basin. Low level push button wc. Vinyl flooring. Extractor. Inset spot lights. Radiator.
Bedroom 2: (3.99m x 2.95m (13'1" x 9'8")) UPVC double glazed window. Carpet. Radiator.
Bathroom: White suite comprising: Panelled bath with mixer tap, fully tiled, wall mounted shower with glass screen. Pedestal wash hand basin. Low level push button wc. Vinyl flooring. Extractor.
Inset spotlights. External: 2 allocated parking spaces. Cycle storage. Bin storage.
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 also benefits from a train service with fast trains to London's Kings Cross & London St Pancras (circa 35-45 mins).
Arlesey also benefits from a local library, pharmacy, excellent takeaway restaurants & 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 lower School with the nearby middle schools and upper schools of Etonbury Academy and the renowned 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 Viney Corner, Arlesey
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