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See how verdicts work2-bedroom flat · SG6 1FU
For saleListed 44 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary *** town centre location *** Offered to the market is this impressive apartment situated within the heart of Letchworth town centre.
The property is newly constructed and benefits an entrance hall., lounge, kitchen, two bedrooms, en-suite, bathroom, communal gardens and allocated parking.
Description Letchworth Garden City: Letchworth is the world's first Garden City that was founded by Ebenezer Howard in 1903, with a vision that would relieve the poverty and slum conditions suffered by so many within the late Victorian era.
With a dream of Garden Cities where the best elements of town and country would be combined from the town in order to be used to benefit the ordinary townspeople.
Now more than 100 years on, the Estate is now managed by the Heritage Foundation. Location: - 35 minutes to London King's Cross by train. - A1(M), junctions 9 & 10. Stevenage (9 miles).
Welwyn Garden City (14 miles). M25 (20 miles). Luton (14 miles). Cambridge (25 miles). - Local Airports - Luton (13 miles) and Stansted (29 miles).
Education: - Eleven schools provide a mix of infant, junior and primary level education. - A specialist primary school for children with moderate learning difficulties.
- Two secondary schools, The Highfield School (Science Specialist) and Fearnhill School (Maths and Computing College). - Two independent schools, St Christopher School and St Francis' College.
Leisure Facilities: - 13.6 mile Garden City Greenway - Letchworth's circular walk and cycle path. - Standalone Farm. - First Garden City Heritage Museum.
- Health & Fitness - Outdoor and indoor swimming pools, North Herts Leisure Centre, Nuffield Health Club, Spirella Fitness and more...
- Sport - Over 20 Garden City clubs, football, rugby, badminton, running club and more...
Internal Entrance Hall Spacious entrance hall including spotlights, radiator, laminate flooring and entry phone.
Lounge Well presented lounge with two double glazed windows, spot lights, radiator and laminate flooring.
Kitchen Fully fitted kitchen with matching grey wall/base units with contrasting grey worktop surround and sink/drainer.
Further benefits include all integrated neff appliances; electric hob/oven, extractor fan, dishwasher, combined washer/dryer unit, and fridge freezer, a double glazed window, spotlights, laminate flooring, and radiator.
Bedroom One Double glazed window, fitted carpet, radiator, built-in wardrobe.
En-Suite Well presented en-suite with shower cubicle, partly tiled walls, heated towel rail, low level WC, wash hand basin, shavers point, laminate flooring, spotlighting and extractor fan.
Bedroom Two Double glazed window, fitted carpet and radiator.
Bathroom Fitted bathroom suite with bathtub with shower-over, wash hand basin, low level WC, heated towel rail, extractor fan, shavers point, grey partly tiled walls, and laminate flooring.
External Communal Gardens Well maintained communal gardens with a lawn area and seating, a shared cycle store, and bin store.
Parking One allocated parking space in a private car park, access to two shared electrical charging parking bays, and two visitor parking bays. Additional Notes Tenure: Leasehold.
Lease Length: 125 years from 2021.
Service Charge: £1210 per year (vendor advises.) Ground Rent: £250 per year (vendor advises.) "Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead." We currently hold lease details as displayed above, should you require further information please contact the branch.
Please note additional fees could be incurred for items such as leasehold packs. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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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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
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FAQ
About 12 Waterhouse Court, Norton Way South, LETCHWORTH GARDEN CITY
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