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See how verdicts work2-bedroom flat · SG5 2EE
Sold STCListed 148 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity to acquire a spacious and elegant two-bedroom first floor apartment, set within a beautiful Grade II listed character building, just a short stroll from Hitchin town centre and its wealth of amenities.
This impressive home combines period charm with modern living, boasting high ceilings and a grand communal entranceway that immediately sets the tone for the accommodation within.
The property offers a well balanced layout, comprising a welcoming entrance hall leading through to a bright and airy living room, featuring a charming fireplace and a striking arched window that fills the space with natural light.
Further accommodation includes a separate study, a modern fitted kitchen with a range of contemporary units, and two generously sized double bedrooms, both benefiting from fitted wardrobes.
These are served by a stylish, modern bathroom suite.
Externally, the property enjoys access to well maintained communal gardens and residents’ parking, adding further convenience to this already appealing home.
We have been advised by the vendor that the Lease is for a term of 990 years from 25 December 1989 (953 remaining). The freehold of the building is owned by Lewesford House Management Company Ltd.
(of which all flat owners become a director). There is a Service charge of £1278 per annum which is paid monthly, with no Ground Rent associated with the property.
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
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 Upper Tilehouse Street, Hitchin, SG5
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