1-bedroom flat · AL5 3RA
For saleListed 258 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A SECOND FLOOR (top) flat forming part of this popular retirement development for the over 60’s situated in the Roundwood area of Harpenden under a mile from the High Street and within close proximity of local shops and bus stop outside.
Homedell House is blessed with a range of communal facilities including residents lounge, laundry room, secure entry phone system, guest facilities and ample parking.
Briefly comprising: entrance hall, living room, kitchen, double bedroom with built in wardrobe and bathroom. Electric storage heaters and offered for sale with NO CHAIN.
Length of lease – 99 years from 1986 Service charge – currently £1874.66 per ½ year Ground rent - £249.68 per ½ year Council Tax band C
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.
Area
Agent & docs
FAQ
About Roundwood Lane, Harpenden, AL5
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