1-bedroom flat · SG5 1BY
To rentListed 25 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
One bedroom flat situated in the highly sought after Hermitage Road, conveniently located in the heart of Hitchin.
The property offers a comfortable living space with attractive views towards Windmill Hill and comprises a spacious reception room, fitted kitchen with appliances, double bedroom and family bathroom.
The flat is ideally positioned for access to Hitchin town centre, with its excellent selection of shops, cafés, restaurants and local amenities all within easy reach.
Hitchin railway station is also conveniently accessible, providing excellent commuter links. Available now.
EPC Rating C (70) Hitchin - Hitchin is a charming medieval market town and has many fine Tudor and Georgian buildings, particularly around the market square.
Near to the market square stands the large medieval parish church of St Mary.
The town provides good shopping as well as a swimming pool, football team, two theatres, a wide variety of restaurants and pubs and highly regarded girls and boys schools.
There is also a mainline railway station providing direct access to Kings Cross and Cambridge. Tenancy Fees - Tenancy fees do not apply unless you are a registered company.
We require a holding deposit equivalent to 1 weeks agreed rent to reserve the property.
On successful passing of credit checks 1 months rent (less holding deposit) and a damages deposit equivalent to 5 weeks agreed rent is required.
Monthly rent will be payable per calendar month in advance. Please see website for full tenancy information.
Deposit - When offering to rent and reserve the letting agent will require: A Holding Deposit equal to 1 weeks (agreed) rent to reserve the property.
Personal identification for all applicants is required to be seen within 2 days of reservation (also for guarantor if applicable).
On successful passing of references and credit checks payment of 1 month’s (agreed) rent in advance (less the Holding Deposit).
On successful passing of references and credit checks payment of a damages deposit equal to 5 weeks (agreed) rent.
If the years total agreed rent is greater than £50,000 the damages deposit shall be equal to 6 weeks (agreed) rent.
Separate charges will apply if an application to rent is by a registered company (please contact us for details).
For all charges that are applicable during a tenancy please go to our website to view Tenancy Info. We are an accredited agent of Safeagent and belong to their Client Money Protection Scheme.
In addition we are also members of The Property Ombudsman (TPO) redress scheme. Tenancy Fees - Tenancy fees do not apply unless you are a registered company.
We require a holding deposit equivalent to 1 weeks agreed rent to reserve the property.
On successful passing of credit checks 1 months rent (less holding deposit) and a damages deposit equivalent to 5 weeks agreed rent is required.
Monthly rent will be payable per calendar month in advance. Please see website for full tenancy information.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Hermitage Road, Hitchin, Hertfordshire
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