2-bedroom house · SG6 1AW
For saleListed 35 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two bedroom bungalow located at the popular Norton Hall farm development. This development is for people of 50 years of age and over.
Internal viewing comes highly recommended to appreciate fully this retirement home. The property is set back and enjoys a private outlook at the rear.
Spacious dual aspect lounge leading to a patio area. Modern fitted kitchen. The main bedroom has fitted furniture and an en-suite wc. Refitted shower room.
Gas central heating and double glazed windows. Access to the communal residents lounge, kitchen and laundry room in the nearby Farm House. Entrance Hall Access to loft space. Radiator.
Built in store cupboards. Lounge 15' 5" x 12' 4" (4.70m x 3.76m) Double glazed sliding patio doors with views to the rear. Double glazed window to front aspect. Radiator. TV point.
Kitchen 11' x 8' 2" max (3.35m x 2.49m) Fitted in a range of matching base and eye level units providing ample storage space. Single drainer sink unit. Space for cooker and fridge.
Plumbing for washing machine. Ceramic splash tiling and tiled floor. Wall mounted gas boiler serving hot water and central heating. Double glazed window to rear aspect.
Bedroom One 15' 5" x 9' 7" (4.70m x 2.92m) Dual aspect with double glazed windows to front and rear aspects. Fitted wardrobes and overhead cupboards. Two radiators.
En-Suite Comprising low level wc and wash hand basin. Radiator. Double glazed window to rear aspect. Bedroom Two 10' 1" x 9' 3" (3.07m x 2.82m) Double glazed window to rear aspect. Radiator.
Fitted wardrobes along one wall. Shower Room Modern suite comprising a low level wc, wash basin and large walk in shower with glass screen. Ceramic tiling. Heated towel rail.
Double glazed window to the rear aspect. Communal Gardens Well maintained communal gardens with lawned areas, trees and numerous shrubs.
Communal Areas The development benefits from a communal residents lounge and kitchen located in the former Farm House. There is also a laundry room used on a rota basis.
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
FAQ
About 7 The Rickyard, Norton Road, Letchworth Garden City
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