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See how verdicts work3-bedroom house · SG4 8XR
Listing removedListed 124 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying a generous plot within a sought-after residential location, this detached family home offers over 1,150 sq ft of accommodation with excellent potential for modernisation and extension, subject to any necessary consents.
The property is located in a quiet cul-de- sac and is approached via a driveway that provides off-road parking and access to an attached garage.
Internally, the accommodation is bright and well-proportioned throughout, with an entrance porch leading to a bright and spacious lounge extending to almost 18ft in width and with a large picture window to the front.
Glazed double doors lead to a separate dining room with a picture window and patio doors to the rear garden.
The dining room provides adaptable space and lends itself to a range of uses, including family room, playroom or snug. There is a separate ground floor WC off the dining room.
The kitchen overlooks the rear garden, and is complemented by a useful larder cupboard.
On the first floor there is a light upper hallway and three bedrooms, including two generous doubles, all served by a family bathroom.
A particular feature of the property is the generous rear garden, offering a good degree of privacy with mature shrubs and boundaries, and rear access to the garage.
The plot provides excellent opportunities for landscaping, extension (stpp) or the creation of outdoor entertaining space.
The property is offered with no upper chain and presents an excellent opportunity for purchasers seeking a home they can update and personalise to their specific taste and requirements.
EER D offered for sale chain free The historic village of Codicote is just over half a mile and provides further conveniences for daily needs to include a chemist, post office, newsagent, excellent general village store & a further selection of friendly pubs and eateries.
There is a well-regarded Church of England primary school, pretty church & a selection of Sports & Recreation clubs including: Codicote Tennis Club with 3 floodlit hard courts, 2 football pitches, badminton club, local playgroups, local historical society & numerous other activities within the village – details of which can be found at Approximate distances from Codicote: Welwyn Garden City - 4.9 miles, Hitchin - 7.5 miles, Stevenage 5.7 miles, Knebworth - 3.6 miles, Stansted airport - circa 29 miles, London Heathrow Airport - 37 miles, Luton Airport - circa 9.5 miles, St Albans - 9 miles, M25 - circa (Watford) 20 miles, A1 (m) Junction (6) - 2.5 miles - Kings Cross approx 30/35 minutes by rail (Via Knebworth rail link) As with many local villages, the current local plan includes areas of proposed development.
For further details please visit the North Herts District Council website.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About 21, The Chestnuts, Hitchin
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