3-bedroom flat · SG4 9TL
Listing removedListed 107 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious and well appointed three bedroom duplex maisonette ideally positioned in the heart of Hitchin town centre, offering generous living accommodation arranged over two floors, a private balcony, and the rare benefit of a large garage The property is accessed via the third floor, where you are welcomed into a well proportioned kitchen/diner, thoughtfully designed to provide ample storage and workspace.
A door from the kitchen opens onto a private balcony, enjoying elevated views across Hitchin town centre.
The light and airy upper level comprises the main living accommodation, featuring a bright and spacious living room with views to St Marys Church.
There are three generous bedrooms with view over Windmill Hill, offering flexibility for use as a bedroom, home office or guest space and a well appointed family bathroom.
Externally, the property further benefits from a large garage with fitted electric – a valuable addition within such a central location, providing secure parking and additional storage and a separate communal under cover secure bike storage.
We have been advised by the vendor that the remaining lease on the property is 125 years from June 2003, with a Service Charge and combined Ground Rent of £562.62 paid quarterly.
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.
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 Woodcote House, Queen Street, Hitchin
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