1-bedroom house · SG6 3WA
Listing removedListed 184 days
Opportunity summary
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About
Available chain free, this one bedroom retirement apartment boasts a sizable living and dining space, with a fitted galley style kitchen and appliances.
The double bedroom has ample mirrored wardrobes, and there are other storage cupboards in the entrance hall. The bathroom is of good size, and home to a bath with shower over, WC and sink unit.
This purpose-built retirement apartment at Bennett Court was constructed by leading retirement specialists McCarthy & Stone (Developments) Ltd.
The complex comprises 57 flats, arranged over 3 floors, each served by lift.
The resident House Manager is available from various points within each property in the case of an emergency via convenient chords.
For periods when the House Manager is off duty there is a 24 hour emergency Careline response system. There is a secure entry-phone and gated entrance to the development.
Other facilities include the laundry room, central waste/recycling collection point and residents' lounge in the main block.
The duty manager is available on-site, and there is a useful double guest room is available for friends and relatives, postmen deliver to each flat, front door key also opens small gate onto Station Road for access to the town and station.
The apartments are set in pleasant communal gardens which are very well-maintained and attractively landscaped. There is a Residents' and visitors' parking area.
Bennett Court is set right in the centre of the town, a level walk from shops, coffee houses, doctors' surgery and only a 2 minute walk from the mainline railway station, which provides direct links to London Kings Cross (28 mins) and Cambridge (26 mins).
AGENTS NOTES LEASEHOLD: 100 YEARS REMAINING | COUNCIL TAX BAND B | EPC TBC | SERVICE CHARGE £1704.03 PAID TWICE YEARLY | GROUND RENT £774.39
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 Station Road, Letchworth Garden City, SG6
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