2-bedroom terraced house · SG6 1RL
Sold STCReduced £30k (−9.7%) on 28 JulListed 115 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered chain free | Traditional early Garden City cottage | Large sitting room | Fitted kitchen | Conservatory | Master bedroom with fitted wardrobes | Second double bedroom | Driveway | Wonderful garden | Short walk to Letchworth town centre and railway station The Property - This traditional Garden city town cottage dates from 1910 and retains much of its original charm and character.
Modern amenities include a fitted kitchen, modern bathroom and uPVC double-glazed windows.
Since the attached photos were taken, the property has been updated to a wet central heating system with gas boiler.
The conservatory adds considerably to the flexibility of the ground floor accommodation and the house benefits from gas fired central heating.
The cottage is set over 100' (35m) back from the road with gardens to front and rear with the plot having an overall length of approximately 113' (34.5m).
The front garden is laid to lawn with hedges and concrete driveway providing off-street parking. A right of way leads to the rear garden which has a depth of some 54' (16.5m).
It is laid to lawn with paved patio, herbaceous borders and ornamental shrubs. Timber garden shed.
PLEASE NOTE, THE PHOTOGRAPHS REPRESENT THE PROPERTY PRIOR TO THE CURRENT TENANTS LIVING AT THE PROPERTY BUT DO SHOW A FAIR REPRESENTATION OF THE PROPERTY The Location - Hillpath is very conveniently located just to the east of the town centre, less than half a mile from the main shopping area and within three-quarters of a mile from the mainline railway station.
Letchworth Garden City is on the London Kings Cross to Cambridge mainline providing regular services throughout the day, with the fastest to London Kings Cross taking just 28 minutes and Cambridge 26 minutes away in the other direction.
Junction 9 on the A1(M) is only 1.3 miles away by car.
Designed in the early 20th Century to combine the benefits of town and country, Letchworth Garden City was the world’s first example of this concept and succeeds to this day in achieving its aim.
It provides excellent shops, leisure facilities and schools. Hillshott Infant School and Nursery is only about a quarter of a mile away.
Construction - TYPE HERE Services - Mains water, sewerage, gas and electricity are connected to the property. Broadband Speed - A choice of providers with claimed download speeds of up to 1,800 Mbps.
Mobile Signal - Most providers claim up to 5G coverage. Conservation Area - The property is located within a Conservation Area.
Restrictive Covenants - In line with industry regulations, estate agents are required to reference restrictive covenants in sales particulars.
Restrictive covenants may guide how a property is used or altered, often to preserve an area’s character.
They can cover business or rental use, parking, boundaries, landscaping, external finishes, satellite equipment, and certain animals. Many are historic and may not affect everyday enjoyment.
For more information, speak with the agent, and where relevant, full details will be confirmed during conveyancing.
Easements - In line with industry guidance, estate agents are required to reference restrictive easements in sales particulars.
An easement gives a third party, such as a neighbour or utility company, limited access to the property for specific purposes, for example, on foot, by vehicle, or to maintain services.
Some may also allow a neighbour to enter to carry out essential repairs. For more information, speak with the agent, and where relevant, full details will be confirmed during conveyancing.
Flooding - In line with industry guidance, estate agents are required to reference flooding in sales particulars.
Properties can be at risk of flooding and it is important for you to check if the property has been flooded in the last 5 years, what flood defences are in place and source of any flooding.
For more information, speak with the agent, and where relevant, full details will be confirmed during conveyancing.
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 Hillpath, Letchworth Garden City
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