2 Bed Flat, Single Let, Hitchin, SG5 4BU, £330,000

Kingsley Avenue, Hitchin, SG5 4BU - 4 months ago

Leasehold
BTL
~68 m²
+7 photos

ValuationOvervalued

Sold Prices£125K - £318K
Sold Prices/m²£2.8K/m² - £25.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.8K/m²

Value Estimate

£299,523

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£82,500

Stamp Duty & Legal Fees

£15,100

Total Cash In

£97,600

 

 

Cash Out

 

Rent Range

£950 - £1,450

Rent Estimate

£984

Running Costs/mo

£1,248

Cashflow/mo

£-264

Cashflow/yr

£-3,169

Gross Yield

4%

Local Sold Prices

35 sold prices from £125K to £318K, average is £208K. £2.8K/m² to £25.2K/m², average is £4.1K/m².

PriceDateDistanceAddressBeds 
£250K04/210.13 miApartment 22 East Wing, Fairfield Hall, Kingsley Avenue, Fairfield, Hitchin, Central Bedfordshire SG5 4FX2
£295K11/220.13 miApartment 6 East Wing, Fairfield Hall, Kingsley Avenue, Fairfield, Hitchin, Central Bedfordshire SG5 4FX2
£318K06/210.13 miApartment 3 East Wing, Fairfield Hall, Kingsley Avenue, Stotfold, Hitchin, Central Bedfordshire SG5 4FX2
£265K03/210.13 miApartment 92 Hertfordshire Wing, Fairfield Hall, Kingsley Avenue, Stotfold, Hitchin, Central Bedfordshire SG5 4FX2
£285K04/230.13 miApartment 71 Huntingdon Wing, Fairfield Hall, Kingsley Avenue, Fairfield, Hitchin, Central Bedfordshire SG5 4FX2
£230K07/210.14 miApartment 75 Huntingdon Wing, Fairfield Hall, Kingsley Avenue, Fairfield, Hitchin, Central Bedfordshire SG5 4FX2
£282.5K04/210.15 miApartment 143 South Wing, Fairfield Hall, Kingsley Avenue, Stotfold, Hitchin, Central Bedfordshire SG5 4FY2
£245K12/200.15 miApartment 148 Huntingdon Wing, Fairfield Hall, Kingsley Avenue, Fairfield, Hitchin, Central Bedfordshire SG5 4FY2
£270K08/210.15 miApartment 221 South Wing, Fairfield Hall, Kingsley Avenue, Fairfield, Hitchin, Central Bedfordshire SG5 4FZ2
£260K03/210.15 miApartment 67 South Wing, Fairfield Hall, Kingsley Avenue, Stotfold, Hitchin, Central Bedfordshire SG5 4FX2
£125K01/210.31 mi12, Kipling Crescent, Stotfold, Hitchin, Central Bedfordshire SG5 4GY2
£290K08/230.47 mi65, Heathcliff Avenue, Fairfield, Hitchin, Central Bedfordshire SG5 4EY2
£235K03/210.66 mi63, Valerian Way, Stotfold, Hitchin, Central Bedfordshire SG5 4ET2
£142.5K01/220.88 mi9, Lanthony Court, Arlesey, Bedfordshire SG15 6TU2
£150K06/220.89 mi11, Lanthony Court, Arlesey, Central Bedfordshire SG15 6TU2
£153.5K02/220.89 mi7, Lanthony Court, Arlesey, Bedfordshire SG15 6TU2
£170K05/210.91 mi171, Western Way, Letchworth Garden City, Hertfordshire SG6 4TB2
£164K03/210.93 mi18, Hitchin Road, Stotfold, Hitchin, Bedfordshire SG5 4HP2
£225K03/220.94 mi28, St Johns Road, Arlesey, Central Bedfordshire SG15 6ST2
£180K03/211.58 mi5, Grove Court, Arlesey, Central Bedfordshire SG15 6UZ2
£175K04/231.58 mi26, Grove Court, Arlesey, Central Bedfordshire SG15 6UZ2
£245K04/231.64 mi21, Icknield Green, Letchworth Garden City, Hertfordshire SG6 4DL2
£200K06/211.71 miFlat 71, Birchwood Court, Norton Way North, Letchworth Garden City, Hertfordshire SG6 1BH2
£208K06/211.71 miFlat 85, Birchwood Court, Norton Way North, Letchworth Garden City, Hertfordshire SG6 1BH2
£195K03/211.75 mi55, Marmet Avenue, Letchworth Garden City, Hertfordshire SG6 4QE2
£200K03/211.75 mi62, Marmet Avenue, Letchworth Garden City, Hertfordshire SG6 4QE2
£188K08/211.76 mi84b, Icknield Way, Letchworth Garden City, Hertfordshire SG6 4AW2
£200K05/231.76 mi66, Marmet Avenue, Letchworth Garden City, Hertfordshire SG6 4QF2
£200K09/211.77 mi64, Cromwell Road, Letchworth Garden City, Hertfordshire SG6 1DT2
£209K12/221.77 mi86, Marmet Avenue, Letchworth Garden City, Hertfordshire SG6 4QF2
£204K06/211.83 miFlat 38, Dunkerley Court, Birds Hill, Letchworth Garden City, Hertfordshire SG6 1FE2
£225K05/231.83 miFlat 3, Dunkerley Court, Birds Hill, Letchworth Garden City, Hertfordshire SG6 1FE2
£218K03/211.85 mi108, Kristiansand Way, Letchworth Garden City, Hertfordshire SG6 1TY2
£196K12/211.94 miFlat 6, Palace Court, Eastcheap, Letchworth Garden City, Hertfordshire SG6 3DD2
£190K05/211.94 miFlat 7, Palace Court, Eastcheap, Letchworth Garden City, Hertfordshire SG6 3DD2

Local Rents

22 rents from £950/mo to £1.4K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,10002/240.38 mi-2
£1,20012/240.54 miPaxton Drive, Fairfield, Hitchin, SG52
£1,35002/250.58 mi-2
£1,20012/240.86 mi-2
£1,07501/250.88 mi-2
£1,45008/240.89 miHitchin Road, Arlesey, SG152
£1,05008/240.9 miStation Road, Arlesey2
£1,15003/250.91 mi-2
£97508/240.95 miSt Johns Road, Arlesey, SG152
£95010/240.97 mi-2
£1,15008/241 mi-2
£1,20002/251.02 mi-2
£1,05004/251.03 mi-2
£97508/241.05 mi-2
£1,10008/241.06 miRamerick Gardens, Arlesey, SG152
£1,10008/241.06 miRamerick Gardens, Arlesey, SG152
£1,15008/231.08 mi-2
£1,15012/241.08 mi-2
£1,15008/241.12 miUpperstone Close, Stotfold, Hitchin, SG52
£1,25004/241.19 mi-2
£1,35005/241.21 mi-2
£1,37504/251.21 mi-2

Local Area Statistics

Population in SG5

31,306

Population in Hitchin

60,216

Town centre distance

3.76 miles away

Nearest school

0.30 miles away

Nearest train station

1.76 miles away

 

 

Rental demand

Landlord's market

Sales demand

Balanced market

Capital growth (5yrs)

+13%

Property History

Listed for £330,000

January 8, 2025

Floor Plans

Description

A spacious and well presented two bedroom duplex apartment with allocated parking located on Fairfield Hall.

This stunning property comprises of a open plan Lounge/Dining area, Kitchen, Two double bedrooms with the master benefitting from an En suite shower room and main Bathroom. The apartment has been very well maintained and enjoys the charm and character that Fairfield hall is renowned for. Further benefits include gas central heating, ample built in storage and allocated parking for one car to the front of the building. Externally there are extensive communal grounds which are accessed via the secure gated entrance form the main road. Viewing is highly recommended.

Nestled within 36 acres of parkland, mature avenues of trees, shrubs and landscaping stands Fairfield Hall, a magnificent grade II listed Victorian building which provides a stunning backdrop of mature woodland, shrubs, plants and flowers which grace the grounds that are criss-crossed with a number of paths and cycle ways. Fairfield Hall stands within grounds that have been awarded the prestigious Green Leaf Standard for commitment to preserving and enhancing the natural environment.Also found within the grounds is Bannatyne Health Club, swimming pool, gym and Spa, cricket pitch, pavilion, tennis courts, walled gardens and two orchards within the communal grounds. Also the property is within a short walk of local shops and primary school and there is a secure cycle store for the use of all residents. Situated on the Herts/Beds border just five minutes from junction 10 of the A1(M). There is a shuttle service from the gates of Fairfield Park to Arlesey train station, with a direct link to Kings Cross (journey time 35 minutes approximately), alternatively Letchworth train station provides a direct link to Kings Cross in approximately 25 minutes.

Agent Details

JNG Homes, London

020 4538 6056

Next Steps?

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