2-bedroom flat · SG5 1QX
Sold STCListed 175 days
Opportunity summary
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About
EPC rating: C. Tenure: Leasehold, Length of lease (remaining): 103 years 7 months, GROUND FLOOR Communal Entrance Entrance via part glazed uPVC front. Security intercom system.
Stairs to all floors. Resident letter boxes. Communal notice board. FIRST FLOOR Entrance Via solid front door into: Hall Smooth skimmed ceiling. Doors to all rooms.
Storage cupboard housing hot water cylinder. Wall mounted electric radiator. Living Room (Maximum measurements to include kitchen area) Smooth skimmed ceiling.
Double glazed window to side aspect with further 'Juliet' balcony to front aspect. Wall mounted electric radiator. Open-plan onto: Kitchen Smooth skimmed ceiling with recessed spotlights.
Double glazed window to side aspect. Fitted with a range of base and eye level units providing storage. Stainless steel sink and drainer with chrome mixer tap.
Stainless steel under-counter double oven with ceramic hob inset to work-surface and extractor over. Integrated appliances include fridge/freezer, slimline dishwasher and washer/dryer. Extractor.
Ceramic tiled flooring. Bedroom One Double glazed window to front aspect. Smooth skimmed ceiling. Wall mounted electric radiator. Built-in wardrobe with sliding doors.
Door to: En-suite Smooth skimmed ceiling with recessed spotlights. Suite comprising of enclosed shower cubicle, pedestal mounted hand wash basin and low level flush WC. Tiled wet areas.
Chrome heated towel rail. Extractor. Bedroom Two Double glazed window to side aspect. Smooth skimmed ceiling. Wall mounted electric radiator.
Bathroom Smooth skimmed ceiling with recessed spotlights.
Suite comprising of panel enclosed bath with chrome mixer taps, separate wall-mounted thermostatic shower, pedestal mounted hand wash basin and low level flush WC. Tiled wet areas.
Chrome heated towel rail. Extractor. EXTERIOR Communal Grounds Landscaped grounds throughout the development with established shrubs and varied planting to provide an attractive setting.
Parking Allocated secure underground space. Additional visitor parking available.
PROPERTY INFORMATION Belvoir are informed of the following: Lease term: 125 Years From 01/01/2005 (approx.. 104 years remaining) Ground Rent: £398.56 per annum Service Charge: approx..
£2,100.60 per annum Council tax: Band C EPC Rating: C DISCLAIMER Every care has been taken with the preparation of these particulars, but they are for general guidance only and complete accuracy cannot be guaranteed.
If there is any point, which is of particular importance please ask or professional verification should be sought. All dimensions are approximate.
The mention of fixtures, fittings and/or appliances does not imply they are in full efficient working order.
Photographs are provided for general information and it cannot be inferred that any item shown is included in the sale. These particulars do not constitute a contract or part of a contract.
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.
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About William Ransom Way, Hitchin
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