# 2 bedroom retirement property for sale (SG7 5AN)

## Property Details

| Key | Value |
|-----|-------|
| Address | Norton Place, Icknield Way, Baldock, SG7, SG7 5AN |
| Price | £418,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | TBC |
| Last sold | £428,000 |

## Description

A selection of two-bedroom apartments located within Norton Place in Baldock, starting from £418,000. A private retirement apartment, it is low maintenance and luxurious, and contains fantastic extra security features. This stunning home is decorated with a neutral palette creating a light, bright and welcoming feel. The open plan living area includes a fully fitted kitchen finished to a high standard with modern integrated appliances. The Master bedroom features a built-in wardrobe for added convenience, the second bedroom being an ideal space for a guest bedroom or study, or even hobbies room - the choice is yours. The shower room is located off the internal hallway which features a useful utility cupboard, perfect for storage. 

## Property Photos

- ![Photo](/listings/photos/144695027/558313)
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- ![Photo](/listings/photos/144695027/558316)
- ![Photo](/listings/photos/144695027/558318)
- ![Photo](/listings/photos/144695027/558320)
- ![Photo](/listings/photos/144695027/558323)
- ![Photo](/listings/photos/144695027/558325)
- ![Photo](/listings/photos/144695027/558327)
- ![Photo](/listings/photos/144695027/558328)
- ![Photo](/listings/photos/144695027/558329)
- ![Photo](/listings/photos/144695027/558330)
- ![Photo](/listings/photos/144695027/558331)
- ![Photo](/listings/photos/144695027/558332)
- ![Photo](/listings/photos/144695027/558333)
- ![Photo](/listings/photos/144695027/558334)

## Floorplans

- ![Floorplan 1](/listings/photos/144695027/558335) - Floorplan 1

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
|  | £428,000 | 01/01/2024 | — |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| EAGLE COURT 5 ICKNIELD WAY, BALDOCK, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG7 5AL | £320,000 | 18/12/2025 | Other |
| 54 CHURCH STREET, BALDOCK, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG7 5AF | £445,000 | 21/07/2025 | Other |
| 9 - 15 HITCHIN STREET, BALDOCK, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG7 6AL | £600,000 | 28/09/2023 | Other |
| 19A WHITEHORSE STREET, BALDOCK, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG7 6QB | £415,000 | 31/10/2022 | Other |
| 10 THE SYCAMORES, BALDOCK, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG7 5BJ | £615,000 | 28/01/2022 | Other |
| 18 WHITEHORSE STREET, BALDOCK, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG7 6QN | £120,000 | 14/10/2021 | Other |

**Area average:** £419,167 (6 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £694,271 (6 Other, SG7, 2024–2026)
- **Deviation:** -39.8%

## Rental Range

*ONS Price Index of Private Rents (North Hertfordshire). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,274/mo
- **Realistic:** £1,415/mo
- **Optimistic:** £1,557/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Stevenage & North Herts (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £972/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Flat, Haysman Close, SG6 | £1,250/mo | 2 | 1.12 miles | OpenRent |

**Average rent: £1,250/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.3% (weak for cashflow)
- **Max investor price (0.8%):** £156,250
- **Target investor price (1%):** £125,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,250/mo).*

- **Gross yield:** 3.6%
- **Cost-to-rent:** 27.9×
- **Monthly cashflow:** £-546/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -5.4%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **10y growth:** 247.1%

## House Price Index (HM Land Registry)

*Official index for North Hertfordshire; All dwelling types series; as of March 2026.*

- **1y growth (index):** -0.6%
- **5y growth (index):** 13%
- **10y growth (index):** 29.5%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)