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 flat · SG5 2EY
Sold STCListed 306 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to Crossgate - An elegant collection of just nine 1 & 2 bedroom luxury apartments, conveniently located in the historic, picturesque market town of Hitchin, within walking distance of its amenities.
ONLY ONE PLOT LEFT! ALL OTHER HOMES SOLD OFF PLAN!
Perfect for the local downsizer or professional commuter, these impressive apartments will be finished to an exacting standard with contemporary designer kitchens, beautifully appointed bathrooms and quality fixtures and fittings.
All apartments benefit from allocated parking, energy-efficient underfloor heating, a communal landscaped garden and peace of mind with a 10-year new homes warranty.
Apartment NINE is a one of the largest apartments on this development, with two bedrooms and two bathrooms, located on the second floor with 1131 sq ft of accommodation and allocated parking space.
Completion is anticipated for April 2026. 999-year leasehold. Developer intends to transfer ownership of the Freehold upon the sale of the last unit. Service charge to be confirmed.
Call the Ashtons New Homes office for a full colour brochure, including floor plans, or a personalised appointment to discuss this development in more detail.
NB: Images shown are CGI Buyers Information: In compliance with the UK's Anti Money Laundering (AML) regulations, we are required to confirm the identity of all prospective buyers at the point of an offer being accepted and use a third party, Identity Verification System to do so.
There is a nominal charge of £48 (per person) including VAT for this service. For more information, please refer to the terms and conditions section of our website.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Crossgate, Offley Road, Hitchin, SG5
Explore nearby
