We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom flat · AL10 0SG
Under offerReduced £5k (−2.6%) on 27 AugListed 314 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This chain free, spacious three bedroom flat is an excellent opportunity for investors seeking a reliable, ready made rental.
Sold with tenants in situ, the property provides an immediate steady income from day one and is positioned in a convenient residential setting close to local amenities, green spaces and transport options.
Inside, the flat offers a generous layout with three well proportioned bedrooms, a bright lounge and a private balcony overlooking the communal gardens.
Practical features such as gas radiators, plentiful storage, an entry phone system and on street parking make this a low maintenance purchase ideal for expanding or starting a rental portfolio.
With strong rental demand in the area and spacious accommodation throughout, this flat represents a dependable long term investment with returns from the moment the sale completes.
Outside Secure entry phone system and stairs leading to all floors. Attractive communal gardens for shared use.
Entrance Hall Carpeted hallway with doors to all rooms, entry phone, two storage cupboards and radiator.
Bedroom One Carpeted double bedroom with built in wardrobe, gas radiator and window overlooking the rear.
Bathroom Wood laminate flooring, low level wc, pedestal wash basin, panel bath with shower over, tiled walls, radiator and window to the front.
Lounge Carpeted reception room with window to the rear, storage cupboard and radiator.
Kitchen Wood laminate flooring with a range of base and eye level units, tiled splash backs, roll over work surfaces, and space for fridge, washer and dryer.
Electric hob with extractor, stainless steel sink with drainer, two storage cupboards and window to the front.
Bedroom Two Carpeted bedroom with radiator, window to the rear and door leading to: Balcony Private outdoor space with metal railing and pleasant views over the communal gardens.
Bedroom Three Carpeted bedroom with window to the side and radiator. Material Information Part A Council Tax Band: B Leasehold Lenth of Lease: 125 Years Left: 82 Ground Rent £: When is it payable?
Expected to increase?
Yes/No Increase Amount £: Service Charges: Yes Service Charge £: 149.61 Part B Type: Flat Physical Characteristics: Purpose Build Construction Type: Standard Rec Rooms: 1 Bedrooms: 3 Bathrooms: 1 Kitchens: 1 Parking: On street EV Charger: No Permit Details: Council Mobile Signal: Okay Are the following Services connected: Electricity Yes Renewable / Batteries No Gas Yes Water Yes Telephone No Broadband No Drainage Yes Does the property have Central Heating Yes What Fuel does it use: Gas Part C Are there any known safety issues: No If Yes What: Has the property been adapted for accessibility: No Is the property in a Conservation area: No Is the property a listed building: No Are there any planning applications, which of approved would affect the property: No Is the access road made up and adopted: Is the property affected by any rights of way: Are there any proposals or disputes which affect the property (either with an individual or public body): Are there any shared or communal facilities: Yes Are there any covenants affecting the property: Are there any preservation orders affect the property: No Has the property been extended: No Was planning permission granted: Did it comply with Building Regs: Copies of the planning permission available: What was the date of the extension: Have you carried out any alteration to the property: No Has the Property ever Flooded?
No Are there any flooding risks?
No Is there any coastal erosion risk: No Has there been any mining in the area: No Has Japanese Knotweed ever been identified at the property or adjoining land: No Other: To your knowledge is there anything else that has occurred at the property that would affect the transactional decision of the average buyer: No Are there any material issues with the property that any potential should be aware of: No what3words /// sofa.stews.buddy Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
.png)
FAQ
About 61, Meadow Croft, Hatfield
Explore nearby