2-bedroom flat · WD24 4RB
For saleListed 234 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Step into a piece of history with this stunning two-bedroom apartment, nestled within a beautifully converted orphanage that seamlessly combines period charm with contemporary living.
This unique property offers the perfect blend of character, comfort, and convenience and a 90 year lease, making it an ideal home for buyers looking for something truly special.
From the moment you walk in, you’ll be captivated by the apartment’s soaring high ceilings and an abundance of natural light that floods through the grand, full-height arched windows.
These striking architectural features, alongside the original exposed brickwork and elegant hardwood floors, infuse the space with a sense of history and sophistication.
The spacious lounge/diner is a welcoming, light-filled space, perfect for both relaxing and entertaining guests, while the modern kitchen comes fully equipped with everything you need for everyday living, blending style with practicality.
The two generously sized bedrooms offer comfort and versatility, with ample space for storage and restful living.
The master bedroom is particularly impressive, with large windows that create a bright, airy atmosphere.
The apartment also benefits from a contemporary bathroom, designed with modern fixtures and fittings for ease and style, perfectly complementing the home’s unique period details.
Outside, the building’s timeless façade retains its historical elegance, with its aged brickwork, arched windows, and an inviting entrance that reflects its rich heritage.
The property is surrounded by beautifully landscaped communal gardens, providing tranquil outdoor space with expansive lawns, mature trees, and well-maintained greenery.
The apartment also includes resident parking, ensuring convenience for homeowners and visitors alike.
Located just moments from Watford Junction, with fast connections into London, and within easy reach of Watford Town Centre, this property combines a peaceful retreat with all the advantages of urban living.
Perfect for professionals, families, or anyone looking for a unique home with historical character in an excellent location.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Flat 7, Elizabeth House,, Keele Close, Hertfordshire
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