1-bedroom flat · SG5 1SG
Listing removedListed 90 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom first floor apartment ideally located within a short distance of Hitchin town centre, local shops and train station.
The purpose built accommodation comprises: Communal entrance hall with stairs to first floor, inner hall way with doors to bathroom, double bedroom and living room with kitchen.
Externally the property benefits from allocated off road parking.
Hitchin is on the London Kings Cross east coast mainline and the fastest service to London Kings Cross takes just 28 minutes, to Cambridge takes 33 minutes and Peterborough, 38 minutes.
Hitchin often features as one of the best places to live in the UK and offers a wide selection of excellent shops, schools, pubs, restaurants, leisure facilities and places of worship.
EPC Rating: C Disclaimer Disclaimer: Putterills endeavour to maintain accurate depictions of properties in virtual tours, floor plans and descriptions, however, these are intended only as a guide and prospective tenants must satisfy themselves by personal inspection.
Referencing: All tenants are required to undergo referencing, including affordability assessments and Right to Rent checks.
Fixtures & Fittings: Photographs and viewings may depict items belonging to the current occupier that are not included in the tenancy.
Only items specifically confirmed in writing and recorded on the final inventory will form part of the let.
Please verify the inclusion of specific white goods, furniture, or fittings with Putterills prior to application.
Services: Appliances and systems have not been tested; no warranty is given as to their condition.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About Flat 4, 98 Grove Road, Hitchin
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