2-bedroom flat · WD6 2FT
Sold STCReduced £13.1k (−4.2%) on 3 OctListed 100 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Positioned on the ground floor of a modern, purpose-built development comprising just eight apartments, this beautifully presented two double bedroom home offers contemporary accommodation in an exceptionally convenient location.
Constructed around Six years ago and benefiting from a long lease, the apartment is perfectly suited to first-time buyers, professionals, or investors looking for a ready-to-move-into property close to excellent transport links.
The accommodation begins with a welcoming entrance hall, complete with useful built-in storage.
At the heart of the home is a bright, open-plan kitchen, living and dining area, featuring a stylish fitted kitchen with integrated appliances, including a dishwasher and fridge freezer.
The south-west facing aspect fills the living space with natural light throughout the day, creating a warm and inviting atmosphere.
Both bedrooms are generous doubles and benefit from fitted wardrobes, while the contemporary bathroom is finished to a high specification with modern fixtures and fittings.
Additional features include gas central heating, a secure entry phone system, an allocated parking space, visitor parking, and well-maintained communal areas.
Conveniently located approximately 0.2 miles from Elstree & Borehamwood Station, the apartment provides excellent rail connections into Central London and is within easy walking distance of a wide range of shops, restaurants, and everyday amenities.
Value & comps
No previous sales on record.
Returns
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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 Flat 3, Austen House, Borehamwood
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