2-bedroom flat · SG15 6QZ
For saleReduced £5k (−2.3%) on 22 OctListed 67 days
Opportunity summary
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About
Chain free... Allocated parking... Ground floor... 2 good sized bedrooms... En-suite shower room... 130 year lease... Peaceful location... Spacioius open plan living accommodation...
Internal Entrance Hallway Door from front aspect. Coir matting to entrance leading to luxury vinyl flooring. Full height door to storage cupboard, shelved.
Doors leading to: Living Room (5.55m x 3.22m (18'2" x 10'6")) Window to front aspect. Laminate flooring. Opening leading to: Kitchen (3.08m x 1.92m (10'1" x 6'3")) Window to rear aspect.
A range of light oak coloured wall and base units with contrasting work surface and tiled splash back area. One and half bowl sink, single oven, gas hob, extractor hood.
Freestanding dishwasher, upright fridge/freezer and space and plumbing for washing machine. Ceramic tiled flooring.
Bedroom 1 (4.27m x 3.2m (14'0" x 10'5")) Window to rear aspect with fitted black out blind. Carpet. Door leading to: En-Suite Window to rear aspect.
White suite comprising: Fully tiled single shower cubicle with glass door, pedestal wash hand basin and push button wc. Heated towel rail, shaver point, luxury vinyl flooring.
Bedroom 2 (4.27m x 1.95m (14'0" x 6'4")) Window to front aspect with fitted black out blind. Carpet. Bathroom Window to rear aspect.
White suite comprising: Fully tiled panelled bath with wall mounted shower, wall mounted hand basin with vanity unit and push button wc. Heated towel rail, shaver point, luxury vinyl flooring.
External Front Garden Small front garden area with low level bush perimeter. Block paved pathway to front door. Allocated Parking Allocated parking space to rear of property.
Additional Property Information Leasehold: 130 years remaining Service charge: £781 per annum Ground rent: £100 per annum EPC Rating: C Traditional brick and block construction Mains utilities Local Area The property is situated close to the heart of Arlesey which benefits from being within walking distance of the train station and situated in the lovely open countryside with excellent walks and cycle routes, whilst also being only a few minutes from the A1(M).
Arlesey train service has fast trains to London's Kings Cross & London St Pancras (circa 35-45 mins), every 30 minutes.
Arlesey benefits from a local library, pharmacy, excellent takeaway restaurants and Fish & Chip shop, the local lower school, Gothic Mede Academy and several local pubs.
There are frequent buses passing regularly into Hitchin (10 mins away), Letchworth (5 mins away) and Bedford (30 mins away) with a bus stop very nearby.
There are many nearby middle schools and upper schools of Etonbury Academy and Samuel Whitbread Academy.
Agents Notes The apparatus, equipment, fittings and services for this property have not been tested by First Step, 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 15 John Rix House, St. Johns Road, Arlesey
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