2 Bed Flat, Single Let, Hitchin, SG4 9AA, £240,000

Garrison Court, Hitchin, Hertfordshire, SG4 9AA - 10 months ago

Leasehold
BTL
ROI: 2%
~68 m²
+18 photos

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£60,000

Stamp Duty & Legal Fees

£13,200

Total Cash In

£73,200

 

 

Cash Out

 

Rent Range

£1,075 - £1,700

Rent Estimate

£1,100

Running Costs/mo

£990

Cashflow/mo

£110

Cashflow/yr

£1,320

ROI

2%

Gross Yield

6%













Local Rents

50 rents from £1.1K/mo to £1.7K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,25008/240.01 miGarrison Court, Hitchin, SG42
£1,37508/240.07 miQueen Street, Hitchin, SG42
£1,39502/250.07 mi-2
£1,37512/240.13 miWhinbush Road, HITCHIN2
£1,39508/240.14 miWhinbush Road, Hitchin, SG52
£1,40012/240.16 mi-2
£1,50008/240.16 miSt Andrews Place, Hitchin, SG42
£1,30008/240.19 miPeppermint Road, HITCHIN, SG52
£1,10008/240.19 miChurchyard, Hitchin, SG52
£1,40012/240.19 miPeppermint Road, HITCHIN2
£1,50012/240.19 miPeppermint Road, SG52
£1,45012/240.2 miPeppermint Road, Hitchin2
£1,30008/240.24 miBancroft, Hitchin, SG52
£1,40012/240.26 miCoopers Yard, Paynes Park, Hitchin2
£1,37512/240.26 miCoopers Yard, Paynes Park, Hitchin2
£1,25008/240.26 miBucklersbury, Hitchin, SG52
£1,30001/250.29 mi-2
£1,40008/240.3 miPaynes Park, Hitchin, SG52
£1,50012/240.3 miPaynes Park, Hitchin, SG52
£1,30008/240.3 mi-2
£1,70012/240.32 mi-2
£1,70002/250.32 mi-2
£1,65002/240.32 mi-2
£1,30008/240.32 miTilehouse Street, Hitchin, SG52
£1,25008/240.33 miBancroft, Hitchin, SG52
£1,20008/240.33 miKempe Mews, Tilehouse Street, Hitchin, SG52
£1,50008/240.33 miPaynes Park, HITCHIN, SG52
£1,60008/240.34 miRadcliffe Road, Hitchin, SG52
£1,20008/240.36 miTilehouse Street, Hitchin, SG52
£1,50008/240.37 miNightingale Road2
£1,39508/240.37 miVerulam Road, Hitchin, SG52
£1,20008/240.38 miSt Annes Road, Hitchin, SG52
£1,65002/240.39 mi-2
£1,10008/240.4 miPark Close, Wratten Road East, Hitchin2
£1,15008/240.41 miWalsworth Road, Hitchin, Hertfordshire, SG42
£1,07503/250.41 mi-2
£1,16502/240.41 mi-2
£1,20002/240.41 mi-2
£1,29508/240.41 mi-2
£1,35003/250.42 mi-2
£1,30012/240.42 miSanders Place, Walsworth Road, Hitchin2
£1,45002/250.42 mi-2
£1,35012/240.42 miSanders Place, Walsworth Road, Hitchin, SG42
£1,25008/240.43 miNightingale Road, Hitchin, SG52
£1,20008/240.43 miFishponds Road, Hitchin, SG52
£1,20008/240.45 miLatchmore Close, Hitchin, Hitchin, SG42
£1,30012/240.47 miLyon Court, Walsworth Road, Hitchin, SG42
£1,45012/240.47 miLyon Court, Walsworth Road, Hitchin, SG42
£1,25012/240.48 mi-2
£1,32501/250.48 mi-2

Local Area Statistics

Population in SG4

28,864

Population in Hitchin

60,216

Town centre distance

0.29 miles away

Nearest school

0.20 miles away

Nearest train station

0.57 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+18%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Listed for £240,000

May 21, 2024

Floor Plans

Description

  • No Chain +

  • Recently refurbished kitchen with outside space +

  • Two bedrooms - spacious double & single +

  • Newly refurbished bathroom +

  • Tranquil location with amenities nearby +

  • Resident parking available for extra charge +

Welcome to your dream flat! On offer for sale, this immaculate property is an absolute gem just waiting to be discovered. It's evident the moment you step inside that this is a home where every detail has been carefully considered, with recent renovations enhancing its unique character and charm.

You'll find yourself instantly drawn to the cozy fireplace, a unique feature that serves as the heart of this warm and inviting home, perfect for settling down with a good book on chilly evenings.

Now, let's talk about the kitchen. It's been recently refurbished and is simply a delight. Wood countertops and modern appliances blend seamlessly together, creating an environment that's as functional as it is stylish. Plus, there's access to an outside space right from the kitchen which could serve as a perfect spot for morning coffee or evening relaxation.

This flat boasts two bedrooms. The first is a spacious double room, bathed in natural light, offering the perfect sanctuary to recharge after a long day. The second bedroom is a single room, perfect for use as a guest room or home office.

The bathroom has been newly refurbished, exuding a fresh and clean atmosphere, making your morning routine something to look forward to.

Set in a tranquil location with public transport links, local amenities, and green spaces nearby, you have everything you need right on your doorstep. There's also resident parking available for an extra yearly charge. It's also worth noting that this property is offered with no chain, making the buying process that much smoother.

With all these features, this flat is ready and waiting to become your new home. Are you ready to fall in love?

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

HIT240041/2

Agent Details

Your Move, Hitchin

01462 415734

Next Steps?

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