2 Bed Flat, Single Let, Letchworth Garden City, SG6 2UA, £220,000

Creamery Court, Letchworth Garden City, SG6 2UA - 5 months ago

Sold STC
Leasehold
BTL
ROI: 2%
~68 m²
+8 photos

ValuationUndervalued

Sold Prices£172.5K - £525K
Sold Prices/m²£2.6K/m² - £5.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.2K/m²

Value Estimate

£244,327
BMV11%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£12,200

Total Cash In

£67,200

 

 

Cash Out

 

Rent Range

£950 - £1,425

Rent Estimate

£1,050

Running Costs/mo

£918

Cashflow/mo

£133

Cashflow/yr

£1,590

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £172.5K to £525K, average is £219K. £2.6K/m² to £5.2K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£207K05/230.42 mi84, Kyrkeby, Letchworth Garden City, Hertfordshire SG6 2PG2
£172.5K10/200.47 mi49, Newells, Letchworth Garden City, Hertfordshire SG6 2PL2
£197.5K04/210.66 mi23, Radburn Way, Letchworth Garden City, Hertfordshire SG6 2JW2
£200K03/210.66 mi33, Radburn Way, Letchworth Garden City, Hertfordshire SG6 2JW2
£193.5K10/210.9 mi47, Bidwell Close, Letchworth Garden City, Hertfordshire SG6 1QR2
£220K05/210.9 mi29, Bidwell Close, Letchworth Garden City, Hertfordshire SG6 1QR2
£525K03/230.94 mi17, Ralph Swingler Place, Letchworth Garden City, Hertfordshire SG6 3GZ2
£230K10/210.99 mi79, Wissen Drive, Letchworth Garden City, Hertfordshire SG6 1FT2
£230K07/231 mi61, Wissen Drive, Letchworth Garden City, Hertfordshire SG6 1FT2
£215K01/211 mi99, Wissen Drive, Letchworth Garden City, Hertfordshire SG6 1FT2
£232K07/231 mi89, Wissen Drive, Letchworth Garden City, Hertfordshire SG6 1FT2
£220K03/211.01 mi54, Wissen Drive, Letchworth Garden City, Hertfordshire SG6 1FN2
£249.5K02/231.02 mi53, Bowyer Drive, Letchworth Garden City, Hertfordshire SG6 1FX2
£226.6K10/221.02 mi55, Bowyer Drive, Letchworth Garden City, Hertfordshire SG6 1FX2
£350K12/201.02 mi8, Roxley Manor, Willian, Letchworth Garden City, Hertfordshire SG6 2DP2
£350K07/231.02 mi11, Roxley Manor, Willian, Letchworth Garden City, Hertfordshire SG6 2DP2
£450K05/231.03 mi5, St Marys Close, Letchworth Garden City, Hertfordshire SG6 3NW2
£365K10/221.04 mi3, St Marys Close, Letchworth Garden City, Hertfordshire SG6 3NW2
£221K02/211.06 mi58, Ascot Drive, Letchworth Garden City, Hertfordshire SG6 1FZ2
£230K02/231.16 mi126, Chiltern Road, Baldock, Hertfordshire SG7 6LU2
£180K05/211.19 mi119, London Road, Baldock, Hertfordshire SG7 6NA2
£180K05/211.19 mi119, London Road, Baldock, Hertfordshire SG7 6NA2
£225K03/211.22 mi96, Chiltern Road, Baldock, Hertfordshire SG7 6LT2
£190K05/211.24 miFlat 7, Palace Court, Eastcheap, Letchworth Garden City, Hertfordshire SG6 3DD2
£196K12/211.25 miFlat 6, Palace Court, Eastcheap, Letchworth Garden City, Hertfordshire SG6 3DD2
£204K06/211.28 miFlat 38, Dunkerley Court, Birds Hill, Letchworth Garden City, Hertfordshire SG6 1FE2
£225K05/231.28 miFlat 3, Dunkerley Court, Birds Hill, Letchworth Garden City, Hertfordshire SG6 1FE2
£200K06/211.39 miFlat 71, Birchwood Court, Norton Way North, Letchworth Garden City, Hertfordshire SG6 1BH2
£208K06/211.39 miFlat 85, Birchwood Court, Norton Way North, Letchworth Garden City, Hertfordshire SG6 1BH2
£217K09/211.41 mi80, High Avenue, Letchworth Garden City, Hertfordshire SG6 3QW2
£229K08/211.42 mi76, High Avenue, Letchworth Garden City, Hertfordshire SG6 3QW2
£242K10/221.42 mi84, High Avenue, Letchworth Garden City, Hertfordshire SG6 3QW2
£240K10/221.42 mi58, High Avenue, Letchworth Garden City, Hertfordshire SG6 3QW2
£232K02/211.42 mi111, High Avenue, Letchworth Garden City, Hertfordshire SG6 3QW2
£240K12/221.42 mi105, High Avenue, Letchworth Garden City, Hertfordshire SG6 3QW2
£200K09/211.45 mi64, Cromwell Road, Letchworth Garden City, Hertfordshire SG6 1DT2
£195K03/211.5 mi55, Marmet Avenue, Letchworth Garden City, Hertfordshire SG6 4QE2
£200K03/211.5 mi62, Marmet Avenue, Letchworth Garden City, Hertfordshire SG6 4QE2
£209K12/221.51 mi86, Marmet Avenue, Letchworth Garden City, Hertfordshire SG6 4QF2
£200K05/231.52 mi66, Marmet Avenue, Letchworth Garden City, Hertfordshire SG6 4QF2
£245K04/231.61 mi21, Icknield Green, Letchworth Garden City, Hertfordshire SG6 4DL2
£217.5K04/211.64 mi8, Heath Hall High Street, Baldock, Hertfordshire SG7 6DT2
£232.5K05/211.64 mi9, Heath Hall High Street, Baldock, Hertfordshire SG7 6DT2
£255K08/221.64 mi12, Heath Hall High Street, Baldock, Hertfordshire SG7 6DT2
£196.6K10/201.64 mi10, Heath Hall High Street, Baldock, Hertfordshire SG7 6DT2
£205K12/201.65 miFlat 11, Astonia House, High Street, Baldock, Hertfordshire SG7 6BP2
£218K03/211.7 mi108, Kristiansand Way, Letchworth Garden City, Hertfordshire SG6 1TY2
£188K08/211.71 mi84b, Icknield Way, Letchworth Garden City, Hertfordshire SG6 4AW2
£273.4K04/231.72 mi15, Pepper Court, Baldock, Hertfordshire SG7 6BH2
£207K12/201.81 miFlat 4, Steeds Yard, Brewery Lane, Baldock, Hertfordshire SG7 5BH2

Local Rents

12 rents from £950/mo to £1.4K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£95008/240.46 mi-2
£1,40008/240.61 miHoward Drive, Letchworth Garden City, SG62
£1,05008/240.73 miLawrence Avenue, Letchworth Garden City, SG62
£1,05008/240.91 mi-2
£1,30012/241.02 miWissen Drive, Letchworth Garden City, SG62
£1,15012/241.02 miRoxley Manor, Roxley Court Lane, Willian, SG62
£1,40012/241.06 miPix Road, Letchworth Garden City, SG62
£1,42503/251.07 mi-2
£1,07501/251.1 mi-2
£1,20008/241.11 miSollershott Hall, Sollershott East, Letchworth Garden City, SG62
£1,35008/241.13 miJacks Hill , Graveley, Hitchin2
£1,35008/241.13 miJacks Hill, Graveley, Hitchin2

Local Area Statistics

Population in SG6

33,166

Population in Letchworth Garden City

33,209

Town centre distance

1 miles away

Nearest school

0.50 miles away

Nearest train station

1.37 miles away

 

 

Rental growth (12m)

+12%

Sales demand

Seller's market

Capital growth (5yrs)

+17%

Property History

Price changed to £220,000

February 20, 2025

Listed for £230,000

December 12, 2024

Floor Plans

Description

  • Redecorated throughout +
  • En-suite to master +
  • CHAIN FREE +
  • Long lease - 95 years remaining +
  • Service Charge - £1700 PA +
  • Two bedroom first floor apartment +
  • Allocated parking +
  • Modernised throughout +
  • Bright and spacious throughout +
  • EPC rating C. Council tax band B +

This spacious two bedroom flat has been recently decorated throughout, offering a fresh, modern feel with neutral tones and high-quality finishes. The large living area is bright and airy, providing plenty of space for both relaxation and entertaining. The contemporary kitchen is equipped with all the necessary appliances, ideal for preparing meals at home. Both bedrooms are generously sized, with the master featuring an en-suite bathroom with shower and sink. The second bedroom, also a double has a built-in wardrobe, making it perfect for guests, a home office, or a family member. The flat also includes a family bathroom, complete with a bath, toilet and sink. Additional features include allocated parking, ensuring you'll always have a convenient place to park. Situated in a well-maintained building, this flat offers the perfect combination of comfort, style, and practicality.

Agent Details

Satchells Estate Agents, Letchworth

01462 415925

Next Steps?

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