1-bedroom flat · SG4 0AF
Sold STCReduced £10k (−5.7%) on 21 JulListed 295 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented one bedroom apartment located in the popular Watersmeet Development.
The property comprises, entrance hall with airing cupboard and storage cupboard, large lounge/kitchen with integrated appliances and juliet balcony, master bedroom with built in wardrobe and main bathroom.
The property further benefits from communal grounds, secure underground parking and Triple glazing throughout. For information with regards to associated costs please contact the branch.
Hitchin is renowned for its lively atmosphere created by its host of popular shops, restaurants, bars and leisure facilities.
Watersmeet is a quiet and professional development situated just off of Grove Road and is just a short walk from Hitchin Town centre.
Hitchin is also conveniently positioned for access into London, Cambridge and Peterborough via both direct rail link and the A1(m).
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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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 63 Watersmeet,, Grove Road, Hertfordshire
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