2-bedroom flat · SG5 4FZ
Sold STCListed 143 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Chain free... 2 double bedrooms... Stunning views... Impressive high ceilings... Feature beams... Bedroom 1 dressing area... Open plan entertaining living... Allocated parking space....
Internal Ground Floor Entrance Hallway Door to rear aspect. Two full height cupboards one housing the boiler & the fuse box, one under stairs cupboard fitted with light. Staircase to first floor.
Carpet. Doors leading to: Lounge/Dining Room Dual aspect window to side and front aspect. Carpet. Opening to: Kitchen Window to front aspect.
A range of green wall and base units with complementary work surface and tiled splash back.
Integrated under counter fridge and under counter freezer, dishwasher, washer/dryer, double oven, 4 ring electric hob and extractor hood.
Single bowl sink and drainer, under plinth lighting, laminate flooring. Bedroom 1 Window to side aspect. Carpet. Opening to Dressing area.
Dressing Area 5 door built-in wardrobe fitted with shelf and rail. Carpet.
Bathroom White suite comprising: Fully tiled panelled bath with wall mounted shower and glass screen, push button wc, pedestal wash hand basin with tiled splash back. Laminate flooring.
Cloakroom White suite comprising: Push button wc, pedestal wash hand basin. Half tiled walls. Laminate flooring.
First Floor Bedroom 2 Mezzanine floor with open balcony and feature beams over looking living/dining area. Carpet.
Additional Property Information Leasehold: 976 years remaining Council Tax: Band D Service charge: £368 per month Ground Rent: £150 per year Grade II listed building 1 allocated parking space bay 221 plus ample visitor parking Mains utilities Local Area The property is situated within 100's of acres of stunning parkland, all internal pathways and green communal areas are kept to a very high manicured standard.
The small parish of Fairfield offers fantastic walks around both the fishing Green Lagoon and sailing Blue lagoon, as well as the established beautiful parkland.
Fairfield Park Lower School is located within Fairfield Park, also locally is Pix Brook Academy, Etonbury Academy and the renowned Samuel Whitbread Academy.
On the park itself there is a Tesco convenience store, Bannatyne Gym and Day Spa, Eden Hair & Beauty Salon along with Fairfield Park Cricket Club, Bowls Club & Community Hall offering meeting facilities, a range of classes or perfect for hiring for private events.
There are many secure play parks for children of all ages along with speed restricted tree lined roads for family safety.
Fairfield Park is centrally located to all major link roads A1, link roads to the M1 into London and Cambridge as well as Bedford and Milton Keynes.
Fast train links into London Kings Cross & St Pancras via Letchworth and Arlesey are circa 30-40mins.
Agents Note The apparatus, equipment, fittings and services for this property have not been tested by the agent, all interested parties will need to satisfy themselves as to the condition of any such items or services.
All measurements are approximate and therefore may be subject to a small margin of error. These details are to be used as a guide only and their accuracy is therefore not guaranteed.
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
Agent & docs
FAQ
About 221 South Wing, Fairfield Hall, Kingsley Avenue, Hitchin
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