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See how verdicts work1-bedroom flat · SG4 8TY
For saleReduced £15k (−7%) on 24 SepListed 72 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Belvoir Welwyn are delighted to present this bright and well-presented one-bedroom ground floor apartment, ideally situated within the popular village of Codicote.
Offered to the market chain free, the property benefits from a share of the freehold , an exceptionally long 996-year lease , no ground rent , and a low service charge of just £53.48 per month , making it an excellent purchase for first-time buyers, downsizers, or buy-to-let investors.
The accommodation is well laid out and comprises a welcoming entrance hall with useful storage, a bright lounge, and a fitted kitchen with an integrated gas oven and hob, along with space for further appliances.
The generous double bedroom overlooks the rear of the building, while the bathroom is fitted with a modern white suite including a rainfall shower over the bath.
The apartment is presented in excellent order throughout and further benefits from double glazed windows, all replaced approximately five years ago.
Externally, the property enjoys an allocated parking space within a sheltered car port, additional visitor parking, and well-maintained communal gardens to the rear, providing a pleasant outdoor space for residents to enjoy.
Winch Close is conveniently positioned within walking distance of Codicote High Street, where you'll find a range of everyday amenities including a village shop, butcher, pharmacy, cafés, pubs and restaurants.
The village is well regarded for its strong community feel and excellent transport links, with Welwyn North Station approximately 3 miles away offering direct services to London King's Cross in around 25 minutes.
The A1(M) is also just a short drive away, providing easy access to London, Stevenage and the wider motorway network. EPC rating: C.
Agent's Notes Belvoir are advised; Council tax - North Hertfordshire band C Years remaining on the lease - 962 Service charge - £641.76 per annum Belvoir Disclaimer Every care has been taken with the preparation of these particulars, but they are for general guidance only and complete accuracy cannot be guaranteed.
If there is any point, which is of particular importance please ask or professional verification should be sought. All dimensions are approximate.
The mention of fixtures, fittings and/or appliances does not imply they are in full efficient working order.
Photographs are provided for general information and it cannot be inferred that any item shown is included in the sale. These particulars do not constitute a contract or part of a 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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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.
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About 1, Winch Close, Codicote
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