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See how verdicts work2-bedroom property · SG6 3BA
For saleReduced £35k (−8.9%) on 26 OctListed 420 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This superbly presented two bedroom apartment is in the ‘Platinum Range’ McCarthy & Stone development and is set in the heart of the centre of Letchworth’s first Garden City.
Le Jardin comprises of 25 luxury apartments designed for the very best in retirement living – for those over 60. (Joint age is 55).
Step inside: This beautiful apartment is in the highly desirable ‘Le Jardin’ Retirement development offering luxury living.
The accommodation comprises of a spacious entrance hallway with security entry system, a storage cupboard, bright reception room with a large double glazed window, a luxury fitted kitchen with integrated appliances including a washer/dryer, master bedroom with walk-in wardrobe and a fully fitted en-suite shower room with double shower with screen and handrail, low level WC, vanity storage unit with wash basin and illuminated mirror.
Furthermore there is a guest bedroom currently used as a dining room and a guest shower room. The property benefits from central heating and a Vent Axia air filtration system in all rooms.
About the area: Letchworth is the world’s first ‘Garden City’ combining the best elements of town and country living according to the vision of the town’s founder Ebenezer Howard.
The area offers plenty of outdoor options including the Garden City Greenway and Norton Common’s 60 acres of grassland and woodland close to the town centre.
Letchworth offers tree-lined avenues, wide walkways, relatively uncongested roads, and a wealth of shops, coffee houses, and restaurants.
Letchworth train station offers a regular service to King’s Cross. There are also rail services to Cambridge and the North via Peterborough.
By road, Letchworth is just off the A1 Junctions 9 & 10 and approximately 22 minutes from Junction 23 of the M25. The M1 North can be accessed via the A507. Luton Airport is only around 12 miles away.
Step outside: The development features wonderful landscaped gardens and a garden room perfect for sitting with family and friends on a summer’s afternoon.
Visitors are also able to enjoy a coffee in the elegant ‘Club Lounge’ and should they wish to stay over there is a guest suite available.
There is a dedicated House Manager on hand to take care of the running of the development. There are also car parking spaces available for a rent for £250 p.a.
Anti-Money Laundering (AML): It is a legal requirement that all purchasers comply with Anti-Money Laundering regulations.
As such, once a purchase has been agreed subject to contract, the purchaser/s will be required to undertake an AML check carried out by our third party provider at a cost of £66 inclusive of VAT per property, payable by the applicant/s.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
Agent & docs
FAQ
About Station Road, Letchworth Garden City, SG6
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