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See how verdicts work1-bedroom flat · SG1 2HR
Sold STCListed 161 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious one double bedroom first floor apartment situated within this low density block of similar apartments at the entrance to Skegness Road on the western outskirts of Stevenage within the popular Symonds Green area conveniently located within walking distance of the local Health Centre, Community Centre and a parade of shops.
This immaculate apartment features a separate modern fitted kitchen and white modern fitted bathroom suite whilst further benefits include ample storage, downlighters, double glazing and gas fired central heating with a modern combination boiler.
Outside there is ample residents parking and communal grounds, bin store and drying area.
The block benefited from a programme of improvements under a Section 20 Notice served by Stevenage Borough Council with highlights including the installation of a secure entry phone system.
Funds have been previously allocated to cover the cost once the final amount has been confirmed.
In full the accommodation comprises a generous reception hallway, useful walk-in storage/coats cupboard, lounge, separate modern fitted kitchen, double bedroom and modern white bathroom.
Viewing highly recommended.
Location Stevenage comprises both the New and Old Towns and is conveniently situated within easy access of the A1M offering easy access to London, the M25 and also to the North.
Local road links provide access to adjacent towns including Hitchin, Letchworth, Baldock, Welwyn Garden City and Hertford. Stevenage is currently undergoing a £1billion Regeneration Plan.
The initial plan will include the development covering 14.5 acres of the town centre and introducing 11 new buildings including residential, leisure, community, commercial and retail facilities.
The Historic High Street in the Old Town offers a good selection of shops, cafés/restaurants, public houses, a Library and two Doctor’s Surgeries.
In addition, the area is well served by Lister Hospital and a good selection of local primary and secondary schools.
The New Town currently provides a large pedestrianised shopping centre and retail parks together with the Gordon Craig Theatre, David Lloyd Health Club, the Leisure Park (truncated) The Accommodation Comprises A secure entryphone system and front door opening to: Communal Hallway Communal staircase rising to the first floor with a composite front door opening to: First-Floor Recepton Hallway An "L" shaped reception hallway finished with oak effect flooring complemented by downlighters with a radiator and entryphone system, access to the loft space and a useful walk-in storage cupboard with shelf and hanging rail with an additional deep linen/storage cupboard.
Doors opening to: Lounge (4.21m x 3.5m) A comfortable room finished with white emulsioned walls, downlighters, radiator and a double glazed window to the front elevation.
Kitchen (2.69m x 2.6m) Fitted with a modern range of grey, shaker style base and eye level units and drawers finished with wooden effect rolled edge work surfaces and plinths with a inset stainless steel sink unit with chrome mixer tap.
White tiled splashbacks with appliances including an integrated black glazed single oven, white four-ring gas hob with extractor canopy above, space and plumbing for a washing machine and fridge/freezer.
Stylish grey tiled effect flooring, downlighters, wall mounted gas fired combination boiler and a double glazed window to the rear elevation.
Bedroom One (3.5m x 3.2m) A generous double room with measurements including a substantial range of freestanding wardrobes with drawers below across the full length of the room (possibly available by separate negotiation), radiator and double glazed window to the front elevation.
Bathroom (1.82m x 1.67m) Fitted with a modern white three-piece suite comprising a paneled bath with a chrome mixer tap with an electric shower over with bi-folding shower screen, white vanity hand wash basin with white gloss vanity cupboard below, low level WC to one side with concealed cistern behind white gloss panels with white vanity shelf and chrome push button flush.
White tiled walls, decorative border and double glazed window to the rear elevation.
Outside Communal Gardens The property enjoys the benefit of wrap-around communal gardens laid primarily to lawn with shrub borders and boundary hedging.
Parking Ample residents parking bays situated adjacent to the building. Drying Area Situated to the rear of the block with two rotary washing lines and a bin store.
Lease Details We have been advised by the current owner that 175 years remain unexpired on the Lease with an annual service charge of £950.
This includes care taking and cleaning, electricity for the block, ground maintenance, insurance for the block, repairs and management fees.
Tenure, Council Tax And EPC The Tenure of this Property is: Leasehold The Local Authority is: Stevenage The Council Tax Band: B (£1,860 Per Year) The EPC Rating is: C (73) Viewing Information Viewing is strictly by appointment only through Putterills of Hertfordshire, through whom all negotiations should be conducted.
Disclaimer Putterills endeavour to maintain accurate depictions of properties in virtual tours, floor plans and descriptions, however, these are intended only as a guide and intended purchasers must satisfy themselves by personal inspection.
Money Laundering Regulations Prior to a sale being agreed, prospective purchasers will be required to produce identification documents.
Your co-operation with this, in order to comply with Money Laundering regulations, will be appreciated and will assist with the smooth progression of the sale.
Fixtures & Fittings All items in the written text of these particulars are included in the sale. All others are expressly excluded regardless of inclusion in any photographs.
Purchasers must satisfy themselves that any equipment included in the sale of the property is in satisfactory order. Stay Connected Website Facebook Putterills Stevenage Instagram Putterills Stevenage
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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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.
Area
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FAQ
About 5, Skegness Road, Hertfordshire
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