1-bedroom flat · SG6 4PE
For saleListed 32 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Large one bedroom first floor flat located on the edge of the Grange Estate within walking distance of local shops and offered with vacant possession.
Spacious lounge overlooking Eastern Way to the front. Modern fitted kitchen with oven & hob and ample storage space. Double bedroom and white bathroom suite.
Gas central heating and double glazed windows. Handy external storage cupboards. Secure entry system. Internal viewing comes highly recommended.
Spacious First Floor Flat With Open Views To The Front Refitted kitchen with integrated oven and hob, Spacious lounge with views to the front, Easy walking distance of local shops and schools, Gas central heating and double glazing, Vacant possession - no upper chain Entrance Communal security entrance via intercom.
Store cupboard. Stairs to first floor. Entrance Hall Wooden entrance door. Intercom receiver. Small cupboard housing fuse board. Further built in storage cupboard. Laminate flooring. Radiator.
Doors to all rooms. Kitchen 10' 10" x 6' 6" (3.30m x 1.98m) Fitted in a range of matching base and eye level units providing ample storage space. Breakfast bar.
Stainless steel single drainer sink unit with mixer taps. Ceramic tiling to splash back areas. Built-in oven and hob. Space for washing machine and fridge freezer. Gas boiler concealed in cupboard.
Double glazed window to the rear aspect. Radiator. Laminate flooring. Lounge 14' 2" x 11' (4.32m x 3.35m) Spacious lounge with double glazed window to the front aspect. Laminate flooring. Radiator.
TV & telephone points. Bedroom 12' 2" x 11' 2" (3.71m x 3.40m) Double glazed window to front aspect. Built in cupboard. Laminate flooring. Radiator. Cable TV & telephone points.
Bathroom White three piece suite comprising low level wc, wash hand basin and panel bath with electric shower over. Ceramic tiling to splash back areas. Chrome ladder style towel rail.
Double glazed window to rear aspect. Communal Areas At the top of the communal landing there is a secure cupboard for storage.
Downstairs there is also a further storage cupboard and outside there is a bike shed and a small communal garden area.
Agents Note The owner had informed us of the following information: Lease: 125 years from February 2001 Ground Rent. £10 per year Service Charge. £1,178 per year
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 76, Eastern Way, Letchworth Garden City
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