3-bedroom terraced house · SG5 1TY
Sold STCListed 117 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A Victorian three bedroom terrace house, in a central location within 10 minutes’ walk of the train station, in the Hertfordshire town of Hitchin.
The property has been extended to the rear and now has approximately 909 sq. ft. of accommodation over three floors. The ground floor has a kitchen, dining room and separate sitting room.
The first floor has two bedrooms and a bathroom. The loft has been converted to create an additional double bedroom which has dual aspect Velux windows.
The rear garden is easterly facing and is mainly laid to lawn with a patio seating area outside the kitchen and a further paved seating area towards the bottom of the garden where there is also a shed.
There is a right of way across the back of the property.
Accommodation The modern fitted kitchen has a range of full height, wall and base cabinets, including a larder cupboard, with Quartz worksurfaces and tiled flooring.
Integrated appliances include an oven and hob, and a fridge/freezer. There are glazed doors to the garden and additional natural light from windows to the side and a skylight window.
Both the sitting and dining rooms have wooden flooring and the sitting room has a bay window to the front.
The principal bedroom and bedroom three are on the first floor and share the family bathroom which has a side panel bath, separate shower cubicle, WC and wash basin.
Situation and Schooling Periwinkle Lane is within walking distance of both the town centre and the train station. Hitchin offers a good range of pubs, shops and restaurants.
The property is in the catchment area for both Hitchin Boys' and Girls' Schools, both of which are highly rated by Ofsted.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Periwinkle Lane, Hitchin, Hertfordshire, SG5
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