1-bedroom flat · SG6 1DT
For saleReduced £5k (−2.6%) on 16 OctListed 110 days
Opportunity summary
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About
Summary *** chain free *** This top floor apartment is well presented throughout and would make a perfect property for a first time buyer or investor.
The property is within walking distance to locals amenities, boasting a beautiful open plan kitchen/lounge, large bedroom, & ample storage. Description Letchworth Garden City:...
Letchworth is the world's first Garden City that was founded by Ebenezer Howard in 1903, with a vision that would relieve the poverty and slum conditions suffered by so many within the late Victorian era.
With a dream of Garden Cities where the best elements of town and country would be combined from the town in order to be used to benefit the ordinary townspeople.
Now more than 100 years on, the Estate is now managed by the Heritage Foundation. Location: - 35 minutes to London King's Cross by train.... - A1(M), junctions 9 & 10. Stevenage (9 miles).
Welwyn Garden City (14 miles). M25 (20 miles). Luton (14 miles). Cambridge (25 miles). - Local Airports - Luton (13 miles) and Stansted (29 miles).
Education: - Eleven schools provide a mix of infant, junior and primary level education. - A specialist primary school for children with moderate learning difficulties.
- Two secondary schools, The Highfield School (Science Specialist) and Fearnhill School (Maths and Computing College). - Two independent schools, St Christopher School and St Francis' College.
Leisure Facilities: - 13.6 mile Garden City Greenway - Letchworth's circular walk and cycle path. - Standalone Farm. - First Garden City Heritage Museum.
- Health & Fitness - Outdoor and indoor swimming pools, North Herts Leisure Centre, Nuffield Health Club, Spirella Fitness and more...
- Sport - Over 20 Garden City clubs, football, rugby, badminton, running club and more... Internal: Entrance Hall Entrance door, wooden effect laminate flooring laid throughout, and radiator fitted.
Lounge/Diner Two double glazed windows, wooden effect laminate flooring laid throughout, and two radiators fitted.
Kitchen Fitted suite comprising of a selection of cream wall and base units with brown worktop surround, integrated oven with gas hob and extractor fan, space for a washing machine, dishwasher and fridge freezer, sink-drainer, combi-boiler, grey tiled flooring and part-tiled white walls laid throughout, double glazed window, and radiator fitted.
Bedroom One Double glazed window, wooden effect laminate flooring laid throughout, spot lights, radiator fitted, benefiting from built-in wardrobe.
Bathroom Fitted suite comprising of bath-tub with shower over, WC, wash-hand-basin, extractor fan, black tiled flooring and white tiled walls laid throughout, and radiator fitted.
External: Communal Gardens Communal gardens with communal bike store to the rear of the property. Parking One allocated space to the rear of the property.
Agent Notes: Tenure: Leasehold Length of lease: 150 years (less 10 days) from 29th September 1986,110 years remaining Annual service charge: £1103 (Vendor advises).
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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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.
Area
Agent & docs
FAQ
About 22, Cromwell Road, Letchworth Garden City
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