1-bedroom flat · SG4 0EX
Sold STCReduced £20k (−15.4%) on 3 AugListed 166 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary A one bedroom flat situated within an easy walk to the station with ample parking and residents parking. An ideal investment.
Description A one bedroom apartment offering an excellent investment opportunity. Situated in Wedgewood Road which is a quiet location but within walking distance of the station.
Communal gardens and ample parking for residents. Communal Entrance Communal door to front with stairs leading to first floor. Entrance Hall Door to front and built-in cupboard.
Lounge 14' x 8' 11" ( 4.27m x 2.72m ) Kitchen 7' 11" x 6' 10" ( 2.41m x 2.08m ) Fully fitted kitchen with a range of wall and base units, work surfaces with tiled splashback, stainless steel sink and drainer, plumbing for washing machine.
Bedroom 7' x 7' ( 2.13m x 2.13m ) Archway to bedroom. Single glazed window to rear aspect. Bathroom Wash hand basin, bath with shower over, WC and extractor fan.
Agent's Note Please note the photos were taken before the current tenancy. We currently hold lease details as displayed above, should you require further information please contact the branch.
Please note additional fees could be incurred for items such as leasehold packs. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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 29, Wedgewood Road, Hitchin
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