2-bedroom flat · SG6 1QL
Listing removedListed 161 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**CHAIN FREE** CALLING INVESTORS** This spacious TWO bedroom, ground floor maisonette is situated within a quiet and well maintained cul-de sac and is located just a short walk to the town centre and mainline station.
An Ideal investment property benefitting from allocated parking and convenient location.
Walking in through the front, you are taken in to the entrance hall which provides ample storage and access to the rest of the accommodation.
The living/dining room features dual aspect windows providing ample space for living and dining table.
The kitchen with integrated appliances overlooks the front while the two bedrooms accommodate double beds with a three piece bathroom to finish.
PUBLIC NOTICE PUBLIC NOTICE – The vendor has been in receipt of an offer of £205,000 subject to contract for the above property.
Anyone wishing to place a higher offer must do so before legal exchange of contracts Entrance Hall: Carpet. Radiator. Upvc door to front. Storage cupboards. Living/Dining Room: Abt.
20' 5" x 11' 3" (6.22m x 3.43m) Carpet. Dual aspect windows to front and rear aspect. X2 Radiators. Kitchen: Abt. 7' 3" x 8' 6" (2.21m x 2.59m) Tiled flooring. Window to front aspect. Boiler.
Worktops with a range of wall and base mounted units with integrated; Oven/grill, electric cooker, extractor, sink/drainer. Space for fridge/freezer, washing machine and dishwasher.
Bedroom One: Abt. 9' 6" x 11' 3" (2.90m x 3.43m) Carpet. Radiator. Built in wardrobes. Window to rear aspect. Bedroom Two: Abt. 9' 6" x 8' 8" (2.90m x 2.64m) Carpet. Radiator.
Window to rear aspect. Bathroom: Tiled floor. Part tiled walls. Corner walk in shower with glass screen/doors. WC. Wash basin with worksurface. Privacy window to front aspect.
Parking: Allocated parking space with visitor spaces also available. Communal Grounds: Well maintained lawn spaces with privacy hedging to street.
Agents Note: Draft particulars yet to be approved by vendor and may be subject to change.
Anti-Money Laundering (AML): It is a legal requirement that all purchasers comply with Anti-Money Laundering regulations.
As such, once a purchase has been agreed subject to contract, the purchaser/s will be required to undertake an AML check carried out by our third party provider at a cost of £66 inclusive of VAT per property, payable by the applicant/s.
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 advisors before making any investment decisions.
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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 Gillison Close, Letchworth Garden City, SG6
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