3-bedroom terraced house · SG6 4BQ
Sold STCListed 147 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Presented for sale is an excellent investment opportunity in the form of a three-bedroom terraced house that has been cleverly converted into three bedsit-style accommodations.
This property is ideally suited for investors seeking to enter or expand within the thriving rental market, offering a steady income potential with its versatile layout.
The property features two bathrooms, one of which is privately allocated to the rear bedsit, while the other is shared between the remaining two accommodations.
In summary, this terraced house represents a prime opportunity for investors seeking a property with existing letting potential and flexibility.
Its three separate rented rooms, combined with two bathrooms offer a practical solution for the current rental market demands.
Situated in a well-served and accessible neighbourhood, this property promises ongoing tenant appeal and a strong return on investment.
Viewing is highly recommended to appreciate the full potential of this adaptable residential investment. Entrance Hall Door leading to a kitchenette/sitting room.
Double glazed window to the front aspect. Cloakroom Comprising a low level wc. SItting Room/Kitchenette 12' 1" x 9' 11" (3.68m x 3.02m) Window to the front aspect. Radiator.
Single drainer sink unit with cupboard under. Space for a small cooker and fridge. Landing Bedroom 1 9' 10" x 8' 11" (3.00m x 2.72m) Double glazed window to the rear aspect. Radiator.
Airing cupboard. Bathroom 1 Three piece suite comprising a wc, wash basin and panelled bath. Double glazed window to the rear aspect.
Kitchenette 8' 5" x 8' 5" (2.57m x 2.57m) Single drainer sink unit. Fitted cupboards. Space for small cooker and fridge. Window to the front aspect. Radiator.
Sitting Room/Bedroom 11' 8" x 10' 8" (3.56m x 3.25m) Window to the front aspect. Radiator. Entrance Hardwood door at the rear of the main building.
Kitchen 14' 9" x 6' 11" (4.50m x 2.11m) Single drainer sink unit with cupboards under. Fitted bench seat. Concealed gas central heating boiler. Window to the rear aspect.
Bedroom 2 8' 10" x 8' 1" (2.69m x 2.46m) Window to the rear aspect. Radiator. Fitted cupboards. Bathroom 2 Comprising a low level wc, wash basin and panelled bathy.
Front Garden Laid to lawn with a retaining hedge. Access to the rear garden. Rear Garden A large rear garden laid mainly to lawn with hedge border.
Agents Note The tenure is Freehold. Council Tax band - to be confirmed.
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

FAQ
About Mullway, Letchworth Garden City, SG6
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