2-bedroom flat · SG5 1QW
Sold STCListed 52 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented two bedroom, two bathroom first floor apartment within the gated Starlings Bridge development, offered for sale chain free and with an allocated underground parking space and views directly across Bancroft Gardens.
The apartment is in excellent order throughout and has an open plan kitchen, dining and living space, with doors opening onto a private balcony overlooking the park.
The kitchen has been updated with modern units and includes an integrated dishwasher. There are two bedrooms, both positioned on the Bancroft Gardens side of the building.
The principal bedroom has built in wardrobes and an en suite shower room, while the second bedroom also benefits from built in storage.
There is a separate family bathroom, together with additional storage cupboards off the hallway.
The property has electric heating, double glazing and one allocated parking space within the secure underground car park. The building also benefits from a lift serving the residential floors.
Location Starlings Bridge is particularly well positioned for both Hitchin town centre and the railway station, each approximately 0.4 miles away.
The development sits directly alongside Bancroft Gardens, with the apartment's bedrooms and main living space facing towards the park.
Bancroft Gardens includes open parkland, landscaped gardens and a children's playground, with Hitchin Tennis Club also immediately nearby.
Hitchin has a busy historic town centre with a wide range of independent shops, cafés, restaurants and pubs, centred around the market square.
The town also has excellent rail connections, with direct services from Hitchin railway station to London St Pancras International, Cambridge and Peterborough.
Lease Information The property has approximately 105 years remaining on the lease.
The current ground rent is £175 per annum and is subject to review by doubling every 25 years in accordance with the terms of the lease. The current service charge is £2,824.76 per annum.
Buyer Information In line with UK Anti-Money Laundering regulations, M A S O N S is required to verify the identity of all prospective buyers once an offer is accepted.
We use a trusted third-party Identity Verification system to complete these checks. A fee of £50 including VAT is payable for this service.
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
Agent & docs
FAQ
About Starlings Bridge, Nightingale Road, Hitchin, Hertfordshire, SG5 1QW
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