2-bedroom flat · WD23 1GN
For saleReduced £20k (−10%) on 16 SepListed 232 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two double bedroom second floor retirement apartment situated in a sought after purpose built block in the heart of Bushey Heath, conveniently located and within walking to all local shopping and transport facilities.
The property is being offered in good decorative order and benefits from: Security Entryphone System, Lift, Reception Room, Kitchen, Two Double Bedrooms, Shower Room, Communal Lounge/Kitchen, Laundry Room, Communal Grounds, Parking.
No upper chain Exterior: Reception Room: Reception Room: Reception Room: Kitchen: Kitchen: Bedroom One: Bedroom Two: Shower Room: Communal Lounge: Tenure: We have been advised that, to the best of the seller's knowledge, the property has approximately 87 years remaining on the lease with an annual service charge of approximately £5,410.48 and an annual ground rent of approximately £549.12 per annum.
Council Tax Band D which is currently £2,179 per annum. As always, buyers should gain verification from their solicitor during the conveyancing process.
Disclaimer: While every care and effort has been made to ensure these details are correct their accuracy cannot be guaranteed and so should not form part of any contract.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 41 Homecedars House, Elstree Road, Bushey
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