3-bedroom semi-detached house · SG6 4LH
Listing removedListed 101 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located within a mile of town, and with access to local shops & facilities, this three bed semi detached home is available from October.
Presented in very good condition, and briefly comprises entrance hall, lounge, dining area, kitchen with white goods & appliances, three good size bedrooms, family bathroom, enclosed rear garden, off road parking car port plus an electric car charging point.
Viewing is recommended to appreciate this keenly priced rental property. This landlord will consider pets. Available early October for a medium or long term let.
Letchworth Garden City was conceived in the early 1900's by Ebenezer Howard as the world's first Garden City. It was designed to combine energetic town life with the beauty of the countryside.
The town offers a variety of High Street stores, independent shops, restaurants and public houses together with a wide range of attractions including museums, art galleries, a three screen cinema, swimming pool and leisure facilities, parks and gardens, yet only 29 minutes from Kings Cross & Moorgate, whilst the A1(M) is a few minutes’ drive, and London Luton Airport 25 minutes away.
You will be required to pay a holding fee of £250.00 to secure your interest in the property. We will then take up references to enable your tenancy to proceed.
We use a reference Agency who will apply for a banker’s reference, employer’s reference, suitable character reference and previous Landlord’s reference if applicable.
It is necessary for you to supply a Guarantor who will also be required to be referenced. Subject to all references being satisfactory, occupation of the property can take place.
Should you take up the tenancy as agreed; the holding fee of £250.00 will form part of your deposit for the property.
Lettings arranged by Lane & Bennetts are now Assured Tenancies with an unlimited term.
You and your landlord are committed in law to the full term of the tenancy, as agreed, unless otherwise allowed for in the tenancy agreement to end a contract you will need to give 2 Calendar months noticeYou will have the opportunity to read and understand the tenancy agreement before signing.
This will take place on or before the date of occupation at a pre-arranged time. One months’ rent must be paid in advance plus dilapidation’s deposit. This deposit is calculated at five weeks rent .
Entrance Hall Door to the front aspect. Radiator. Single glazed door leading to the living/dining room. Staircase rising to the first floor landing.
Lounge / Dining room 13' 3" x 15' 3" (4.04m x 4.65m) Double glazed window to front aspect. Double glazed sliding patio doors to the rear aspect. Radiator. Door leading to the kitchen.
DINING AREA 10'11" X 12'1" (3.34 x 2.77m) Kitchen 11' 3" x 7' 6" ( 3.43m x 2.29m ) Fitted kitchen with a small range of matching wall and base units with roll top work surfaces.
One bowl sink and drainer. Gas/electric cooker point. Plumbing for Miele washing machine. C/H boiler. linoleum flooring. Double glazed door to the rear aspect leading to the rear garden.
Double glazed window to the side and rear aspects. Bedroom One 13' 10" x 8' 8" ( 4.22m x 2.64m ) Double glazed window to the front aspect. Radiator. Fitted wardrobes.
Bedroom Two 9' 8" x 9' 8" Max ( 2.95m x 2.95m Max ) Double glazed window to the rear aspect. Radiator. Fitted Cupboard. .
Bedroom Three 9' 7" x 6' 4" ( 2.92m x 1.93m ) Double glazed window to the front aspect. Built in wardrobe. Radiator, new carpet.
Bathroom Panel bath with mixing temperature tap and a shower attachment & screen over. Wash hand basin. Low level WC. Tiled walls. Frosted double glazed window to the rear aspect.
Front Garden Driveway for two vehicles to the side of the property continuing to the car port for further parking. Lawn area with planting. Rear Garden Mainly laid to lawn. Shed.
Patio area adjacent to the rear of the property. Side access. Enclosed by timber panel fencing. Side area for storage. Car port With bloc paved drive & locked wooden gates.
EPC Tenant Notes
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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.
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About Swift Close, Letchworth Garden City, SG6
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