2-bedroom flat · SG5 1LN
Listing removedListed 52 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
M A S O N S are pleased to present this stunning 1169 square foot two bedroom, two bathroom split-level apartment in a prime location in Hitchin, just off Bancroft, which benefits from a private balcony and allocated parking.
The accommodation comprises of a spacious open-plan lounge/kitchen/diner with integrated appliances including a fridge, freezer, washer/dryer and dishwasher, as well as access to the balcony.
The ground floor is completed by an entrance hall, downstairs cloakroom and useful storage space.
Upstairs, the property offers an exceptionally spacious 5.68m by 5.04m master bedroom with two fitted wardrobes and an en-suite shower room.
Measuring 5.04m by 4.17m, The second bedroom is also a good size and benefits from fitted wardrobes and an ensuite bathroom with shower over bath.
Further benefits include an allocated parking space, secure intercom entry system, gas central heating, private balcony, useful storage and the advantage of being situated within a small, well-maintained development.
Located just off Bancroft, the property is within easy walking distance of Hitchin train station, the town centre and a fantastic selection of bars, restaurants and local amenities.
Despite its central location, the apartment is nicely set back from the main road.
Hitchin Hitchin is a highly sought-after Hertfordshire market town known for its vibrant community, historic character, and excellent quality of life.
The town centre offers an attractive mix of independent shops, cafés, restaurants, and traditional market days, all centred around the picturesque cobbled Market Place.
Residents benefit from a strong selection of local schools, green open spaces such as Oughtonhead Common Nature Reserve, and a lively calendar of community events throughout the year.
The town also enjoys superb transport links, with direct rail services into London King's Cross in under 35 minutes, as well as convenient access to the A1(M) and surrounding major routes.
Combining period charm with modern convenience, Hitchin remains one of North Hertfordshire's most desirable locations for families, professionals, and commuters alike.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Wallace Court, Bancroft, Hitchin, Hertfordshire, SG5 1LN
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