2-bedroom flat · SG15 6BB
Listing removedListed 244 days
Opportunity summary
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About
**shared ownership** Welcome to this delightful 2 bedroom, ground floor apartment. Built in 2022, this contemporary residence offers a perfect blend of modern living and convenience.
The apartment features two spacious bedrooms, en-suite shower room and modern kitchen.
Large, light-filled rooms create an inviting atmosphere throughout the apartment, enhancing the sense of space and comfort.
The thoughtful layout ensures that every corner of the home is both functional and aesthetically pleasing. The property boasts two allocated parking spaces, a valuable asset in today’s busy world.
Additionally, the apartment is conveniently located within walking distance to Arlesey Station, making it an ideal choice for commuters seeking easy access to nearby towns and cities, including London St Pancras.
Full Market Value: £250,000 35% Share: £87,500 Rent: £428.28 pcm Service Charge: £65.02 pcm 95 Year Lease EPC Rating: B Council Tax Band: B Hallway Smoke alarm. Radiator. Ceiling light.
Large storage cupboard. Doors leading to: Lounge/Dining Area: (4.52m x 3.52m) UPVC double glazed window. TV point, BT socket, TV aerial outlets. Radiator. Ceiling light.
Opening to: Kitchen: (2.61m x 3.52m) UPVC double glazed window. A range of modern base and wall units with complementary worktop. Stainless steel sink unit with drainer and mixer taps.
Integrated oven, hob and overhead extractor fan with stainless steel splashback. Spaces for washing machine, dryer/wine cooler & fridge/freezer. Extractor fan. Vinyl flooring. Radiator.
Ceiling light. Bedroom 1: (4.29m x 3.19m) UPVC double glazed window. Built in two door wardrobe with rail and shelf. TV point, BT socket, TV aerial outlets. Carpet. Ceiling light. Radiator.
Door to: Ensuite: White suite comprising: Fully tiled shower cubicle. Wall mounted wash hand basin, chrome mixer taps. Low level push button flush wc. Extractor fan. Ceiling light. Vinyl flooring.
Bedroom 2: (3.18m x 2.88m) UPVC double glazed window. Fitted wardrobe with shelf and rail. Carpet. Ceiling light. Radiator. Bathroom: UPVC double glazed privacy window.
A white suite comprising: Panelled bath with chrome mixer taps, wall mounted shower and glass screen. Modern tiles. Wall mounted wash hand basin with chrome mixer taps.
Low level push button flush wc with concealed cistern. Vinyl flooring. Extractor fan. Ceiling light. External: 2 Allocated parking spaces. Ample visitor parking. Bin storage. Cycle storage.
Local Area: The property is situated in Arlesey which benefits from the lovely open countryside close by with excellent cycle routes, whilst also being only a few minutes drive from the A1(M).
Arlesey also benefits from a train service with fast trains to London's Kings Cross & London St Pancras (circa 35-45 mins).
Arlesey also benefits from a local library, pharmacy, excellent takeaway restaurants & several pubs.
There are frequent buses passing regularly into Hitchin (10 mins away), Letchworth (10 mins away) and Bedford (30 mins away) with a bus stop very nearby.
Gothic Mede is the lower School with the nearby middle schools and upper schools of Etonbury Academy and the renowned Samuel Whitbread Community College Agents Note: The apparatus, equipment, fittings and services for this property have not been tested by First Step, all interested parties will need to satisfy themselves as to the condition of any such items or services.
All measurements are approximate and therefore may be subject to a small margin of error. These details are to be used as a guide only and their accuracy is therefore not guaranteed.
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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FAQ
About 2, Cooper Croft, Arlesey
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