2 Bed Flat, Single Let, Hitchin, SG4 0JG, £230,000

Sharps Court, Cooks Way, Hitchin, Herts, SG4 0JG - 4 views - 9 months ago

Sold STC
Leasehold
BTL
~68 m²
+9 photos

ValuationUndervalued

Sold Prices£126K - £825K
Sold Prices/m²£2K/m² - £16.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.4K/m²

Value Estimate

£280,600
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£57,500

Stamp Duty & Legal Fees

£8,100

Total Cash In

£65,600

 

 

Cash Out

 

Rent Range

£900 - £1,650

Rent Estimate

£950

Running Costs/mo

£929

Cashflow/mo

£21

Cashflow/yr

£255

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £126K to £825K, average is £247.5K. £2K/m² to £16.2K/m², average is £4.3K/m².

PriceDateDistanceAddressBeds 
£225K11/210 miFlat 29, Sharps Court, Cooks Way, Hitchin, Hertfordshire SG4 0JG2
£162K03/210 miFlat 46, Sharps Court, Cooks Way, Hitchin, Hertfordshire SG4 0JG2
£207K11/200 miFlat 36, Sharps Court, Cooks Way, Hitchin, Hertfordshire SG4 0JG2
£222.5K01/210 miFlat 5, Sharps Court, Cooks Way, Hitchin, Hertfordshire SG4 0JG2
£221K04/210 miFlat 38, Sharps Court, Cooks Way, Hitchin, Hertfordshire SG4 0JG2
£215K06/230.23 mi63, Redoubt Close, Hitchin, Hertfordshire SG4 0FR2
£235K07/230.23 mi53, Redoubt Close, Hitchin, Hertfordshire SG4 0FR2
£255K05/230.24 miFlat 59, Sanders Place, Walsworth Road, Hitchin, Hertfordshire SG4 9SY2
£267K06/230.24 miFlat 24, Sanders Place, Walsworth Road, Hitchin, Hertfordshire SG4 9SY2
£235K11/220.27 mi38, Redoubt Close, Hitchin, Hertfordshire SG4 0FP2
£235K03/230.28 mi36, Redoubt Close, Hitchin, Hertfordshire SG4 0FP2
£825K06/210.32 mi21a, Verulam Road, Hitchin, Hertfordshire SG5 1QE2
£220K04/210.38 mi84, Millstream Close, Hitchin, Hertfordshire SG4 0DB2
£210K07/210.38 mi94, Millstream Close, Hitchin, Hertfordshire SG4 0DB2
£590K03/210.38 mi1a, The Avenue, Hitchin, Hertfordshire SG4 9RG2
£275.6K02/230.4 miFlat 8, Starlings Bridge, Nightingale Road, Hitchin, Hertfordshire SG5 1QW2
£290K05/210.4 miFlat 30, Starlings Bridge, Nightingale Road, Hitchin, Hertfordshire SG5 1QW2
£257K04/210.4 miFlat 5, Starlings Bridge, Nightingale Road, Hitchin, Hertfordshire SG5 1QW2
£285K01/210.4 miFlat 36, Starlings Bridge, Nightingale Road, Hitchin, Hertfordshire SG5 1QW2
£275K08/210.4 miFlat 6, Starlings Bridge, Nightingale Road, Hitchin, Hertfordshire SG5 1QW2
£235K06/210.42 miFlat 21, Harrison Court, Harrison Close, Hitchin, Hertfordshire SG4 9SG2
£300K06/210.42 miFlat 9, Harrison Court, Harrison Close, Hitchin, Hertfordshire SG4 9SG2
£291K11/220.42 miFlat 19, Harrison Court, Harrison Close, Hitchin, Hertfordshire SG4 9SG2
£297.3K11/200.46 miApartment 2, Caldicott Court, Harrison Close, Hitchin, Hertfordshire SG4 9SL2
£370K02/230.46 miApartment 5, Caldicott Court, Harrison Close, Hitchin, Hertfordshire SG4 9SL2
£275K03/210.46 miApartment 16, Caldicott Court, Harrison Close, Hitchin, Hertfordshire SG4 9SL2
£227K11/210.5 miFlat 22, Cadwell Green, Cadwell Lane, Hitchin, Hertfordshire SG4 0AE2
£295K01/230.52 mi21, Peppermint Road, Hitchin, Hertfordshire SG5 1RY2
£292K06/230.52 mi51, Peppermint Road, Hitchin, Hertfordshire SG5 1RY2
£126K04/230.53 mi20, Capswell Court, Hitchin, Hertfordshire SG5 1ET2
£245K01/230.56 mi61, Wedgewood Road, Hitchin, Hertfordshire SG4 0HB2
£305K11/210.57 mi27, William Ransom Way, Hitchin, Hertfordshire SG5 1QX2
£300K12/200.57 mi30, William Ransom Way, Hitchin, Hertfordshire SG5 1QX2
£336K10/220.6 miFlat 12, Hazel Court, The Avenue, Hitchin, Hertfordshire SG4 9SJ2
£325K03/230.61 miFlat 4, Hazel Court, The Avenue, Hitchin, Hertfordshire SG4 9SJ2
£200K09/220.61 mi6, Holdbrook, Hitchin, Hertfordshire SG4 9QW2
£230K11/200.64 mi47, Garrison Court, Hitchin, Hertfordshire SG4 9AA2
£200K02/210.64 mi39, Garrison Court, Hitchin, Hertfordshire SG4 9AA2
£240K07/230.66 mi6, The Mead, Hitchin, Hertfordshire SG5 1XZ2
£293K11/220.68 mi14, Bramfield, Hitchin, Hertfordshire SG4 9QA2
£218K08/210.71 mi32, Shepherds Mead, Hitchin, Hertfordshire SG5 1YA2
£235K04/230.71 mi26, Shepherds Mead, Hitchin, Hertfordshire SG5 1YA2
£250K11/220.73 mi32, Shepherds Mead, Hitchin, Hertfordshire SG5 1YA2
£235K05/230.76 mi16, Halsey Drive, Hitchin, Hertfordshire SG4 9QH2
£230K07/210.79 mi67, Lancaster Avenue, Hitchin, Hertfordshire SG5 1PA2
£220K04/210.79 mi63, Lancaster Avenue, Hitchin, Hertfordshire SG5 1PA2
£245K06/230.83 mi129d, Old Hale Way, Hitchin, Hertfordshire SG5 1XT2
£265K06/230.85 miFlat 32, Maples Court, Bedford Road, Hitchin, Hertfordshire SG5 1HF2
£270K09/220.88 mi9, Wedmore Road, Hitchin, Hertfordshire SG4 9JH2
£250K05/230.9 mi13, Frank Young Court, Hitchin, Hertfordshire SG5 2US2

Local Rents

51 rents from £900/mo to £1.6K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,29512/240 miSharps Court, Cooks Way, Hitchin, SG42
£1,15003/250.02 mi-2
£1,15003/250.02 mi-2
£1,20008/240.02 miSharps Court , Hitchin2
£1,40005/230.08 mi-2
£1,37507/230.14 mi-2
£1,42004/240.14 mi-2
£1,25008/240.15 miWalsworth Road, HITCHIN, SG42
£1,45012/240.19 miLyon Court, Walsworth Road, Hitchin, SG42
£1,30012/240.19 miLyon Court, Walsworth Road, Hitchin, SG42
£1,25012/240.22 mi-2
£1,32512/240.22 mi-2
£1,30012/240.22 miSanders Place, Walsworth Road, Hitchin2
£90008/240.23 miRedoubt Close, Hitchin, SG42
£1,35012/240.24 miSanders Place, Walsworth Road, Hitchin, SG42
£1,65002/240.25 mi-2
£1,15008/240.25 miWalsworth Road, Hitchin, Hertfordshire, SG42
£1,30008/240.26 miBrowning Drive, HITCHIN2
£1,12512/240.27 mi-2
£1,20008/240.27 miSt Annes Road, Hitchin, SG52
£1,25008/240.27 miNightingale Road, Hitchin, SG52
£1,60008/240.3 miRadcliffe Road, Hitchin, SG52
£1,50008/240.31 miNightingale Road2
£1,42512/240.31 miGrove Road, Hitchin, SG42
£1,42512/240.31 miWatersmeet, Hitchin, SG42
£1,50012/240.32 miWatersmeet , Hitchin ,SG4 0AW2
£1,39508/240.32 miVerulam Road, Hitchin, SG52
£1,30008/240.33 mi-2
£1,29508/240.33 mi-2
£1,58008/240.34 mi-2
£1,20008/240.35 miGrove Mill Court, Grove Road, Hitchin, SG42
£1,30012/240.35 miDolphin House, Periwinkle Lane, Hitchin, SG52
£1,35007/240.35 mi-2
£1,45012/240.38 miAllwoods Place, Hitchin, Hertfordshire, SG42
£1,30012/240.38 miColeridge Close Hitchin, SG4 0QX2
£1,30012/240.38 mi-2
£1,40008/240.38 miAllwoods Place, Hitchin2
£1,40008/240.39 miAllwoods Place, Hitchin, SG42
£1,40008/240.41 miHitchin, Hertfordshire2
£1,30001/250.41 mi-2
£1,60012/240.42 mi-2
£1,50008/240.43 miColeridge Close, Hitchin, SG42
£1,20002/240.45 mi-2
£1,16502/240.45 mi-2
£1,45002/250.45 mi-2
£1,07503/250.45 mi-2
£1,35003/250.46 mi-2
£1,40001/250.48 mi-2
£1,40012/240.5 miCadwell Green, Cadwell Lane, Hitchin, SG42
£1,50007/240.51 mi-2
£1,45012/240.51 miPeppermint Road, Hitchin2

Local Area Statistics

Population in SG4

28,864

Population in Hitchin

60,216

Town centre distance

0.45 miles away

Nearest school

0.40 miles away

Nearest train station

0.17 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £230,000

July 19, 2024

Sold for £230,000

2022

Sold for £210,000

2016

Sold for £187,995

2007

Floor Plans

Description

  • Two Bedrooms +
  • Second floor +
  • Open plan living area +
  • Balcony +
  • Allocated parking +
  • Close to Hitchin Station +
  • Excellent first time buy/investment purchase +

A well presented two bedroom second floor apartment with allocated parking ideally located for Hitchin Train station.

The property has been well looked after and would make an ideal first time buy or investment purchase. This lovely home comprises of an open plan Lounge and Kitchen area with French doors which lead onto a spacious Balcony area, a modern Bathroom, the main bedroom and second bedroom both benefit from newly fitted blinds.

Externally there is allocated parking for one car as well as visitors parking. Viewing is highly recommended to appreciate this fantastic apartment.

Hitchin is renowned for its lively atmosphere created by its host of popular shops, restaurants, bars and leisure facilities. This is accompanied by convenient links into London, Cambridge and Peterborough via both direct rail link and the A1(m).

Agent Details

Taylors Estate Agents, Hitchin

01462 415972

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪