2 Bed Flat, Single Let, Hitchin, SG4 9DW, £250,000

Stevenage Road, Hitchin, SG4 9DW - 1 views - 3 months ago

Leasehold
BTL
ROI: 1%
~56 m²
+4 photos

ValuationFair Value

Sold Prices£160K - £825K
Sold Prices/m²£2.6K/m² - £16.2K/m²

 

 

Square Metres

~55.55 m²
Price/m²£4.5K/m²

Value Estimate

£251,043

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£13,700

Total Cash In

£76,200

 

 

Cash Out

 

Rent Range

£1,050 - £1,700

Rent Estimate

£1,100

Running Costs/mo

£1,021

Cashflow/mo

£79

Cashflow/yr

£945

ROI

1%

Gross Yield

5%

Local Sold Prices

30 sold prices from £160K to £825K, average is £277.5K. £2.6K/m² to £16.2K/m², average is £4.6K/m².

PriceDateDistanceAddressBeds 
£225K05/210.2 mi59, Sunnyside Road, Hitchin, Hertfordshire SG4 9JQ2
£275K02/230.27 mi6, The Maples, Hitchin, Hertfordshire SG4 9HA2
£240K05/230.27 mi19, The Maples, Hitchin, Hertfordshire SG4 9HA2
£270K09/220.28 mi9, Wedmore Road, Hitchin, Hertfordshire SG4 9JH2
£325K03/230.53 miFlat 4, Hazel Court, The Avenue, Hitchin, Hertfordshire SG4 9SJ2
£336K10/220.53 miFlat 12, Hazel Court, The Avenue, Hitchin, Hertfordshire SG4 9SJ2
£293K11/220.64 mi14, Bramfield, Hitchin, Hertfordshire SG4 9QA2
£235K05/230.65 mi16, Halsey Drive, Hitchin, Hertfordshire SG4 9QH2
£200K09/220.68 mi6, Holdbrook, Hitchin, Hertfordshire SG4 9QW2
£230K11/200.69 mi47, Garrison Court, Hitchin, Hertfordshire SG4 9AA2
£200K02/210.69 mi39, Garrison Court, Hitchin, Hertfordshire SG4 9AA2
£297.3K11/200.73 miApartment 2, Caldicott Court, Harrison Close, Hitchin, Hertfordshire SG4 9SL2
£370K02/230.73 miApartment 5, Caldicott Court, Harrison Close, Hitchin, Hertfordshire SG4 9SL2
£275K03/210.73 miApartment 16, Caldicott Court, Harrison Close, Hitchin, Hertfordshire SG4 9SL2
£387.5K06/210.75 mi94a, Tilehouse Street, Hitchin, Hertfordshire SG5 2DW2
£245K01/230.76 mi61, Wedgewood Road, Hitchin, Hertfordshire SG4 0HB2
£235K06/210.79 miFlat 21, Harrison Court, Harrison Close, Hitchin, Hertfordshire SG4 9SG2
£300K06/210.79 miFlat 9, Harrison Court, Harrison Close, Hitchin, Hertfordshire SG4 9SG2
£291K11/220.79 miFlat 19, Harrison Court, Harrison Close, Hitchin, Hertfordshire SG4 9SG2
£590K03/210.8 mi1a, The Avenue, Hitchin, Hertfordshire SG4 9RG2
£305K11/210.84 mi27, William Ransom Way, Hitchin, Hertfordshire SG5 1QX2
£300K12/200.84 mi30, William Ransom Way, Hitchin, Hertfordshire SG5 1QX2
£212.7K11/200.85 mi29, Wratten Road East, Hitchin, Hertfordshire SG5 2AS2
£280K02/230.85 mi24, Wratten Road East, Hitchin, Hertfordshire SG5 2AS2
£160K06/230.86 mi54, East View, St Ippolyts, Hitchin, Hertfordshire SG4 7PD2
£255K05/230.88 miFlat 59, Sanders Place, Walsworth Road, Hitchin, Hertfordshire SG4 9SY2
£267K06/230.88 miFlat 24, Sanders Place, Walsworth Road, Hitchin, Hertfordshire SG4 9SY2
£292K06/230.88 mi51, Peppermint Road, Hitchin, Hertfordshire SG5 1RY2
£295K01/230.88 mi21, Peppermint Road, Hitchin, Hertfordshire SG5 1RY2
£825K06/210.92 mi21a, Verulam Road, Hitchin, Hertfordshire SG5 1QE2

Local Rents

50 rents from £1.1K/mo to £1.7K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,25008/240.05 miMowbray Gardens, Hitchin2
£1,25004/250.09 mi-2
£1,50003/250.21 mi-2
£1,60002/240.26 mi-2
£1,32501/250.29 mi-2
£1,20008/240.33 miLatchmore Close, Hitchin, Hitchin, SG42
£1,50008/240.56 miSt Andrews Place, Hitchin, SG42
£1,37508/240.68 miQueen Street, Hitchin, SG42
£1,37504/250.69 miExchange House, Queen Street, Hitchin2
£1,39502/250.7 mi-2
£1,25008/240.7 miGarrison Court, Hitchin, SG42
£1,25004/250.7 miHighbury Road, Hitchin, SG42
£1,60008/240.71 miLetter Box Row, Gosmore, Hitchin, SG42
£1,05008/240.74 miTalisman Street, Hitchin, SG42
£1,20003/250.77 mi-2
£1,40012/240.8 miSt Michaels Road, Hitchin, Hertfordshire2
£1,40012/240.8 miSt Michaels Road, Hitchin, Hertfordshire2
£1,10008/240.81 miChurchyard, Hitchin, SG52
£1,37512/240.82 miWhinbush Road, HITCHIN2
£1,25008/240.82 miBucklersbury, Hitchin, SG52
£1,40012/240.82 miCoopers Yard, Paynes Park, Hitchin2
£1,37512/240.82 miCoopers Yard, Paynes Park, Hitchin2
£1,39508/240.82 miWhinbush Road, Hitchin, SG52
£1,20008/240.82 miTilehouse Street, Hitchin, SG52
£1,40012/240.84 mi-2
£1,30008/240.84 miTilehouse Street, Hitchin, SG52
£1,10008/240.85 miPark Close, Wratten Road East, Hitchin2
£1,20008/240.85 miKempe Mews, Tilehouse Street, Hitchin, SG52
£1,30008/240.85 mi-2
£1,30008/240.87 miBancroft, Hitchin, SG52
£1,15008/240.87 miWalsworth Road, Hitchin, Hertfordshire, SG42
£1,30008/240.87 miPeppermint Road, HITCHIN, SG52
£1,35012/240.88 miSanders Place, Walsworth Road, Hitchin, SG42
£1,70012/240.88 mi-2
£1,70002/250.88 mi-2
£1,65002/240.88 mi-2
£1,40012/240.88 miPeppermint Road, HITCHIN2
£1,50012/240.88 miPeppermint Road, SG52
£1,45012/240.88 miPeppermint Road, Hitchin2
£1,50004/250.88 mi-2
£1,40012/240.88 miKeats Way , Hitchin , SG4 0DS2
£1,40012/240.88 miKeats Way, Hitchin, SG42
£1,50008/240.89 miPaynes Park, HITCHIN, SG52
£1,30012/240.89 miColeridge Close Hitchin, SG4 0QX2
£1,60008/240.89 miRadcliffe Road, Hitchin, SG52
£1,58009/240.9 mi-2
£1,30012/240.91 miSanders Place, Walsworth Road, Hitchin2
£1,50008/240.91 miColeridge Close, Hitchin, SG42
£1,40008/240.92 miPaynes Park, Hitchin, SG52
£1,50012/240.92 miPaynes Park, Hitchin, SG52

Local Area Statistics

Population in SG4

28,864

Population in Hitchin

60,216

Town centre distance

0.96 miles away

Nearest school

0.20 miles away

Nearest train station

0.96 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Price changed to £250,000

February 20, 2025

Listed for £265,000

January 17, 2025

Floor Plans

Description

  • Well presented top floor apartment +
  • Two bedrooms +
  • Spacious living room and separate kitchen +
  • Gas Central Heating +
  • Allocated parking for residents and visitors +
  • 1 mile, 22 mins walk to Hitchin town centre (as per Google maps) +
  • 1.2 miles, 28 mins walk to Hitchin train station (as per Google maps) +

A delightful two bedroom top floor apartment nestled in the charming town of Hitchin. This two bedroom apartment benefits from gas central heating and allocated resident and visitor parking. The property comprises spacious and bright double aspect living room, separate fitted kitchen, large primary bedroom, second bedroom and family bathroom with WC, wash hand basin and bath with shower attachment. To the outside is allocated parking for residents and visitors. Lease details Lease remaining: 102 years Service charge: £1,624.92 (as advised by the vendor) plus additional costs for repairs to roof and common areas Hitchin is a charming medieval market town and has many fine Tudor and Georgian buildings, particularly around the market square. Near to the market square stands the large medieval parish church of St Mary. The town provides good shopping as well as a swimming pool, football team, two theatres, a wide variety of restaurants and pubs and highly regarded girls and boys schools. There is also a mainline railway station providing direct access to Kings Cross and Cambridge.

Agent Details

Country Properties, Hitchin

01462 416607

Next Steps?

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