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 · SG4 9HA
Sold STCListed 43 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
CHAIN FREE AND LEASE EXTENDED!!
Viewings to commence Saturday 19th September Located within a mature private development on the south side of Hitchin, this stylish 2 double bedroom top floor apartment comes with a garage and a balcony overlooking the attractive communal gardens.
The accommodation comprises spacious within room, balcony, refitted dining kitchen, refitted bathroom and 2 spacious bedrooms. Secure communal entrance and ground floor lockable store.
Externally attractive communal gardens to the front, park views to the rear. Local shops include M and S convenience store just down the road.
Easy access to nearby countryside and the town centre is at the bottom of Park street.
The Accommodation Comprises - On The Ground Floor - Communal entrance door opening to:- Communal Entrance Hall - Stairs to all floors. On The Second Floor - Landing - Wooden entrance door to Flat no.
23. Entrance Hall - Doors to all rooms. Security entryphone. Built-in storage cupboard with shelving. Electric radiator. Wood effect flooring. Smoke alarm.
Living Room - 5.08m x 3.33m (16'8" x 10'11") - Recessed spotlights. TV point Telephone point. Wood effect flooring. Electric radiator. uPVC double glazed patio doors opening to the Balcony.
Door to Kitchen. Balcony - Metal railings. Overlooking communal gardens to the front.
Kitchen - 3.76m x 2.97m (12'4" x 9'9") - Recently refitted with a range of handleless floorstanding and wall mounted storage units with soft close doors and drawers.
Franke 1.5 bowl stainless steel sink unit with drainer and chrome mixer tap. White marble effect worksurfaces. Integrated slimline dishwasher (not tested). Integrated washing machine (not tested).
Tall upright larder cupboard. Integrated fridge (not tested). Integrated electric hob (not tested) with extractor over (not tested). Part tiled walls. Electric radiator. Wood effect flooring.
Built-in airing cupboard with pressurised hot water tank (not tested). uPVC double glazed window with attractive views. Bedroom One - 3.86m x 3.18m (12'8" x 10'5") - Electric radiator.
uPVC double glazed window to front. Bedroom Two - 3.63m x 2.87m (11'11" x 9'5") - Electric radiator. uPVC double glazed window to rear. Bathroom - 2.13m x 1.80m (7'0" x 5'11") - Plus recess.
Fitted with a suite comprising push button concealed cistern W.C, wall mounted washbasin and bath with mixer tap and handheld shower attachment plus shower screen. Ceramic tiled walls.
Storage cupboard. Heated chrome towel radiator. uPVC double glazed frosted window to rear. Outside - Garage - Single brick built garage located en-bloc with up and over door.
The garage is at the rear of the flats, in the fourth block along - second one in from the fence. Parking - Communal parking area (unallocated). Store - Store cupboard suitable for bikes, buggies etc.
located in the communal hallway on the ground floor (third one on the right). Floor Plans - Please note that the floor plans are not to scale and are intended for illustrative purposes only.
Any dimensions given are approximate. Therefore the accuracy of the floor plans cannot be guaranteed.
Council Tax Band - We are advised that the Council Tax Band for this property is Band C This information was obtained from the Valuation Office Agency - Council Tax Valuation List displayed on the Internet.
Floor Area - Approx ................sqm. Please note that this measurement has been taken from the EPC, and may not include any unheated areas (e.g. conservatory, integral garage etc).
Epc Rating - TBA Services - All mains services are understood to be installed and connected except gas. Please note that we have not tested any services installations or appliances.
Lease Details - We understand a lease extension has already been finalized but await full details of new lease length. The original lease was 99 years from 24th June 1973.
Ground Rent: £40 pa currently Service Charge: £1260.00 pa starting from 24/6/26 Viewings - Norgans are committed to providing COVID19 safe viewings, and in order to protect the health, safety and well being of our staff, vendors and prospective buyers we have implemented changes to our viewing policy.
Please be aware that you will be required to wear a mask during the course of the viewing and hand sanitise on arrival at the property.
You must advise us immediately if you develop symptoms or are required to self isolate.
Gdpr - Please be aware as part of our COVID19 safe procedures, prior to booking any viewing Norgans may request more comprehensive personal information from you in respect of your ability to purchase, your general health and that of your family/close contacts.
This information will be retained only for as long as it is required to protect the safety of our vendors and staff from COVID19 infection.
Any information you provide Norgans will be protected by the General Data Protection Regulation ("GDPR") legislation.
By agreeing to a viewing, you are confirming that you are happy for Norgans to retain this information on our files.
Your personal, financial and health information will never be shared with any third parties except where stated in our Privacy Policy. You can ask for your information to be removed at any time.
Our Privacy Policy & Notice can be viewed on 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.
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