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See how verdicts work2-bedroom flat · SG5 1XT
Listing removedListed 223 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** GUIDE PRICE £230,000- £235,000 *** *** 159 YEAR LEASE ON COMPLETION*** A spacious and well-presented two-bedroom first floor apartment and is one of only four in the block.
available CHAIN FREE, the property is set back off the main road of Old Hale Way. This sought after residential area is within walking distance to local shops, schools and amenities.
The accommodation comprises of a secure entrance with stairs leading to the first-floor apartment. The main living spaces all come off the entrance hall.
There is a very generous living/dining room measuring approximately (14.11ft x 12.8ft) with a large bow window and double doors leading through to the kitchen.
The kitchen offers a range of units and work surfaces and space for appliances, two good size bedrooms, Bedroom one measuring (14.11ft x 12.8ft) and bedroom two measuring (10.3ft x 8ft).
The property is completed with the three-piece family bathroom suite. Further Benefits include, Gas heating, Allocated parking and a large communal garden to the rear with plenty of lawn area.
There is no service charge or ground rent payable. Contributions from all properties are applicable for costs for maintenance and repairs (when required).
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 Old Hale Way, Hitchin, Hertfordshire, SG5
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