We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · SG6 3EP
For saleListed 18 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modern two-bedroom second-floor apartment located in the heart of the town centre.
Enjoy spacious open-plan living steps from all essential amenities, including the mainline train station with direct links to Cambridge, London King's Cross, and beyond.
An internal viewing is highly recommended to truly appreciate this impressive home. The open-plan living area/kitchen with integrated appliances.
Two double bedrooms, with the main room benefiting from an en-suite shower room, a luxury bathroom, secure entry system, and an allocated parking space at the rear.
The fully fitted kitchen includes integrated oven, hob, fridge/freezer, dishwasher, and microwave. Both the bathroom and en-suite shower room are of high quality.
Additional features include electric heating and double-glazed windows for enhanced comfort. Communal Entrance Communal entrance via secure entry phone system. Stairs and lift to all floors.
Entrance Hall Large utility cupboard housing the fuse box and water tank. Plumbing for a washing machine. Open Plan Kitchen/Living Area A bright and spacious living space.
The kitchen area is fitted in a range of matching base and eye level units providing ample storage space throughout. Single sink unit with mixer taps.
Integrated appliances include an oven hob and microwave, tall fridge/freezer and a dishwasher. Undercupboard display lighting. Wood laminate floor. Two electric heaters.
Double glazed window to the rear aspect. Bedroom One Double glazed window to the rear aspect. Electric heater. Carpet.
En-Suite Shower Room A luxury fitted suite comprising a low level wc, wash basin and a large shower cubicle with glass sliding doors. Ceramic tiled walls and tiled floor. Large wall mirror.
Extractor fan. Bedroom Two Double glazed window to the rear aspect. Electric heater. Carpet. Bathroom Luxury suite comprising a low level wc, wash basin and panelled bath with shower and glass screen.
Ceramic tiled walls and floor. Extractor. Parking At the rear of the building is an allocated parking space. Parking space 8. Agents Note Leasehold - 161 years remaining. Council Tax Band C.
Service Charge £307.50 per quarter including the ground rent.
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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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 Apartment 16, 25, Leys Avenue, Letchworth Garden City
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