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See how verdicts work3-bedroom semi-detached house · WD7 8LX
Sold STCReduced £20k (−3.1%) on 8 SepListed 62 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on New Road in Radlett, this three-bedroom semi-detached home offers an exciting opportunity for buyers looking to complete and personalise a property to their own requirements.
The house is currently part-finished, with works still required, but provides a good amount of existing accommodation and plenty of potential to create a fantastic family home.
The ground floor comprises an entrance hallway with stairs rising to the first floor, a separate lounge to the front of the property and a generous living room positioned towards the rear.
The living room provides a good-sized central reception space with access through to the conservatory/dining area, which in turn overlooks and opens onto the rear garden.
The kitchen is located to the rear of the property and benefits from a range of fitted units, work surfaces and access to the outside.
To the first floor are three bedrooms, with the principal bedroom positioned to the front and two further bedrooms, along with the family bathroom and landing area.
The accommodation extends to approximately 1,156 sq ft, with around 703 sq ft on the ground floor and 453 sq ft on the first floor.
Externally, the property benefits from a private rear garden which currently requires further work and landscaping, while to the front there is a driveway providing off-street parking.
The property is being offered as an opportunity for buyers prepared to undertake the necessary finishing works, with the potential to significantly improve and add value through completion and modernisation.
Overall, New Road presents a rare opportunity to acquire a three-bedroom home in Radlett with a good existing footprint and the scope to finish and transform it into a modern and attractive family property.
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
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FAQ
About 40, New Road, Hertfordshire
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