1-bedroom house · SG5 1HB
Listing removedListed 180 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market chain free, this well presented and generous sized one bedroom, ground floor apartment is situated within a sought after retirement development for the over 60’s.
Benefitting from having direct access to the communal garden from the living space, this apartment is also fitted with a level access shower room and offers open plan living while being situated next to Hitchin town centre and leisure centre.
Mobile Signal Ok Communal Rooms: Communal spaces are available for residents to come together to socialise with a communal kitchen also available. Entrance Hall: Carpet.
Security entrance phone. Storage cupboard. Living/Dining Room: Abt. 14' 4" x 19' 2" (4.37m x 5.84m) Carpet. Storage heater. Double glazed window to side aspect. Upvc door to communal green.
Open plan to kitchen. Space for dining table. Kitchen: Lino flooring. Double glazed window to garden aspect.
Worktops with a range of wall and base mounted units with tiled splashback and integrated electric hob, extractor and double mid-height oven. Bedroom: Abt.
11' 8" x 12' 5" (3.56m x 3.78m) Carpet. Double glazed windows to garden aspect. Storage heater. Wet Room: Abt. 7' 3" x 6' 1" (2.21m x 1.85m) Wet room flooring. Part tiled walls.
Wall mounted shower. Multiple grab rails and shower seat. Wash basin. Low level WC. Wall mounted mirror.
Communal Grounds: Well maintained and sunny lawn spaces with mature well established boarders hosting a variety of shrubs, flowers and trees along with seating areas.
Agents Note: Draft particulars yet to be approved by vendor and may be subject to change.
Anti-Money Laundering (AML): It is a legal requirement that all purchasers comply with Anti-Money Laundering regulations.
As such, once a purchase has been agreed subject to contract, the purchaser/s will be required to undertake an AML and financial sanctions check carried out by our third party provider at a cost of £66 inclusive of VAT per property, payable by the applicant/s.
Material Information: We are advised by the seller/landlord/tenant of the following information in good faith but its accuracy is not guaranteed and you should make your own investigations before committing to a sale or letting.
Please note in terms of mobile/phone reception, this is the view of the seller/landlord/tenant based on their current provider.
Water: Mains Electric: Mains Drainage: Mains Flood risk: No Mobile/Phone: Ok - Further information can be found here: Tenure: Leasehold Council Tax Band: B Council tax payable: TBC Length of lease: 107 Years Ground Rent details: TBC Service charge Details: £798 For further material information please contact the office marketing this property.
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
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FAQ
About Elmside Walk, Hitchin, SG5
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