2-bedroom flat · SG4 0FP
Listing removedListed 411 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with no onward chain, this two-bedroom flat presents an excellent opportunity for first-time buyers and investors alike.
Situated in a location benefiting from convenient public transport links and a wealth of local amenities, the property offers the ideal balance of accessibility and practicality.
The flat comprises a spacious, separate reception room enhanced by large windows, flooding the space with abundant natural light and providing a pleasant environment for relaxation and entertaining.
There is also a well-proportioned kitchen that enjoys natural light, creating a bright and inviting cooking space. Both bedrooms are generous doubles, ensuring ample sleeping accommodation.
With both benefiting from built-in wardrobes, offering practical storage solutions and adding to the overall sense of space.
While the property requires modernisation, it presents a blank canvas for buyers looking to add value and personalise the interiors to their own tastes.
Further highlights include ample parking, which is a rare and valuable addition in this sought-after location, giving residents added convenience and peace of mind.
This flat is perfectly suited to those looking to establish a home in a well-connected area, or investors seeking a property with excellent potential for capital appreciation.
Early viewing is highly recommended to fully appreciate the scope and opportunity this property represents. EPC rating: D.
Tenure: Leasehold, Living Room 5.09m x 3.06m (16'8" x 10'0") Kitchen 2.29m x 2.26m (7'6" x 7'5") Bedroom 2.62m x 3.81m (8'7" x 12'6") Bedroom 2.48m x 2.29m (8'2" x 7'6") Bathroom 2.8m x 1.43m (9'2" x 4'8") Property Information EPC Grade D Councill Tax Band B Service Charge: £1500 Per Year Ground Rent: £150 Per Year Remaining Years: 98 years Disclaimer Every care has been taken with the preparation of these particulars, but they are for general guidance only and complete accuracy cannot be guaranteed.
If there is any point, which is of particular importance please ask or professional verification should be sought. All dimensions are approximate.
The mention of fixtures, fittings and/or appliances does not imply they are in full efficient working order.
Photographs are provided for general information and it cannot be inferred that any item shown is included in the sale. These particulars do not constitute a contract or part of a contract.
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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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.
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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 Redoubt Close, Hitchin
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