# 1 bedroom retirement property for sale (SG5 1HB) ## Property Details | Key | Value | |-----|-------| | Address | 21, ARCHERS COURT, ELMSIDE WALK, HITCHIN, HERTFORDSHIRE SG5 1HB | | Price | £175,000 | | Bedrooms | 1 | | Bathrooms | 1 | | Council tax | B | | Last sold | £249,950 May 2017 | ## Description A rare opportunity to acquire this well-presented independent living second floor one bedroom retirement apartment situated within the sought after Archers Court development close to the centre of Hitchin. Surrounded by attractive, well maintained gardens and offering a reassuring combination of retirement living together with fellow retired clients and an on site manager, the apartment offers a fully fitted kitchen with a washer/dryer, a wet room, fitted wardrobes to the bedroom and overlooks playing fields to the rear. Set within walking distance of the town centre, a church, health centre, a park and a supermarket. Hitchin town provides a broad range of shops and a regular traditional market, together with a good selection of restaurants, bars and pubs within its historic centre. The town also provides a swimming centre, theatres and a library, whilst the commuter is served by the main line railway station (Kings Cross - 30 minutes) and direct links to the A1(M). In line with UK anti-money laundering laws, all accepted offers require ID and source-of-funds checks via Coadjute’s Assured Compliance® service (A non-refundable fee of £54.99 inc. VAT per purchaser). This legal check confirms funds are legitimate, helping to prevent fraud and protect both buyer and seller throughout the transaction. **Mobile Signal** 4G great data and voice **Construction Type** Brick/Tile **Existing Planning Permission** None **Coalfield or Mining** None ## Property Photos - ![Photo](/listings/photos/142447961/1710829) - ![Photo](/listings/photos/142447961/1710830) - ![Photo](/listings/photos/142447961/1710831) - ![Photo](/listings/photos/142447961/1710833) - ![Photo](/listings/photos/142447961/1710835) - ![Photo](/listings/photos/142447961/1710837) - ![Photo](/listings/photos/142447961/1710838) - ![Photo](/listings/photos/142447961/1710840) - ![Photo](/listings/photos/142447961/1710841) - ![Photo](/listings/photos/142447961/1710842) - ![Photo](/listings/photos/142447961/1710843) - ![Photo](/listings/photos/142447961/1710844) - ![Photo](/listings/photos/142447961/1710846) - ![Photo](/listings/photos/142447961/1710847) ## Floorplans - ![Floorplan 1](/listings/photos/142447961/1710848) - Floorplan 1 ## EPC Graphs - ![EPC 1](/listings/photos/142447961/1710849) - EPC 1 - ![EPC 2](/listings/photos/142447961/1710852) - EPC 2 ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | ARCHERS COURT 21 ELMSIDE WALK, HITCHIN, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG5 1HB | £249,950 | 12/05/2017 | Flat | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | [Same street] ARCHERS COURT 18 ELMSIDE WALK, HITCHIN, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG5 1HB | £315,000 | 14/08/2024 | Flat | | 61 OLD PARK ROAD, HITCHIN, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG5 2JX | £565,000 | 04/12/2023 | Other | | [Same street] ARCHERS COURT 1 ELMSIDE WALK, HITCHIN, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG5 1HB | £250,000 | 19/10/2023 | Flat | | [Same street] ARCHERS COURT 9 ELMSIDE WALK, HITCHIN, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG5 1HB | £260,000 | 10/10/2023 | Flat | | [Same street] ARCHERS COURT 24 ELMSIDE WALK, HITCHIN, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG5 1HB | £320,000 | 08/09/2023 | Flat | | [Same street] ARCHERS COURT 2 ELMSIDE WALK, HITCHIN, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG5 1HB | £265,000 | 09/06/2023 | Flat | | [Same street] ARCHERS COURT 8 ELMSIDE WALK, HITCHIN, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG5 1HB | £337,500 | 29/03/2023 | Flat | | LEGION HOUSE PAYNES PARK, HITCHIN, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG5 1EH | £26,180 | 13/01/2023 | Other | | [Same street] ARCHERS COURT 10 ELMSIDE WALK, HITCHIN, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG5 1HB | £290,000 | 09/12/2022 | Flat | | [Same street] ARCHERS COURT 15 ELMSIDE WALK, HITCHIN, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG5 1HB | £275,000 | 18/11/2022 | Flat | | [Same street] ARCHERS COURT 5 ELMSIDE WALK, HITCHIN, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG5 1HB | £275,000 | 30/05/2022 | Flat | | [Same street] ARCHERS COURT 18 ELMSIDE WALK, HITCHIN, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG5 1HB | £317,500 | 14/12/2021 | Flat | **Street average:** £290,500 (10 sales) **Area average:** £295,590 (2 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £994,000 (5 Other, SG5, 2024–2026) - **Deviation:** -82.4% ## Rental Range *ONS Price Index of Private Rents (North Hertfordshire). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,291/mo - **Realistic:** £1,434/mo - **Optimistic:** £1,577/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Peterborough (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £573/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 | |------|------|------|------|------| | 1 Bed Flat, Old Park Road, SG5 | £1,050/mo | 1 | 0.14 miles | OpenRent | | 1 Bed Flat, Old Park Road, SG5 | £995/mo | 1 | 0.16 miles | OpenRent | | 1 Bed Flat, Nightingale Road, SG5 | £500/mo | 1 | 0.32 miles | OpenRent | | 1 Bed Flat, Nightingale Road, SG5 | £550/mo | 1 | 0.32 miles | OpenRent | | 1 Bed Flat, Rear, SG5 | £1,250/mo | 1 | 0.32 miles | OpenRent | | Studio Flat, Whinbush Road, SG5 | £850/mo | 1 | 0.34 miles | OpenRent | | 1 Bed Flat, Sharps Court, SG4 | £1,175/mo | 1 | 0.75 miles | OpenRent | **Average rent: £910/mo (7 listings)** ## 1% Rule - **Rent ratio:** 0.57% (weak for cashflow) - **Max investor price (0.8%):** £124,375 - **Target investor price (1%):** £99,500 *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 £995/mo).* - **Gross yield:** 6.8% - **Cost-to-rent:** 14.7× - **Monthly cashflow:** £181/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 4.3% *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).* ## House Price Index (HM Land Registry) *Official index for North Hertfordshire; All dwelling types series; as of July 2026.* - **1y growth (index):** 5.3% - **5y growth (index):** 13.3% - **10y growth (index):** 23.1% ## 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)