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See how verdicts work1-bedroom flat · SG6 4QE
Sold STCListed 39 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modern one bedroom second floor apartment located within easy walking distance of the town centre and main line train station.
Internal viewing comes highly recommended to fully appreciate this spacious apartment.
A modern fitted kitchen, spacious lounge overlooking the communal gardens, a double bedroom and modern bathroom with shower over the bath.
The property also benefits from double glazed windows and electric heating as well as a secure intercom entry system. Communal Entrance Hall Secure entrance with stairs to all floors.
Entrance Hall Airing cupboard housing water tank. Lounge 13' 11" x 10' 3" (4.24m x 3.12m) Double glazed window to the side overlooking the communal garden. Electric heater. Door to the kitchen.
Kitchen 10' 5" x 5' 11" (3.17m x 1.80m) Fitted in a range of matching base and eye level units providing ample storage space. Twin bowl stainless steel sink unit. Plumbing for washing machine.
Space for cooker and fridge/freezer. Double glazed window to the side. Bedroom 10' 6" x 9' 11" (3.20m x 3.02m) Two double glazed windows. Electric heater.
Bathroom Modern white suite comprising a low level wc, wash basin with vanity unit and panelled bath with shower and glass screen. Double glazed window to the front.
Outside There are lawned communal gardens to the side of the block and ample parking spaces. Agents Note Leasehold - 116 years remaining.
Service Charge - £1,066pa Ground Rent - £180pa Buildings Insurance £324pa Water Rates £166pa Council Tax Band A
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
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FAQ
About 9, Marmet Avenue, Letchworth Garden City
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