2-bedroom flat · AL5 4XT
For saleReduced £15.1k (−4.8%) on 21 AugListed 156 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious two bedroom first floor maisonette with private entrance, off street parking and garage Description A spacious and bright two double bedroom first floor maisonette with its own independent entrance presented in great condition throughout.
Conveniently located approximately 0.9 miles from Harpenden high street and mainline station and 5 miles from London Luton airport.
Internally offering; entrance hall with large storage cupboard, a generously sized principal bedroom with walk-in wardrobe, a further double bedroom, bright living/dining room, a built-in kitchen and an attractive modern fitted white shower suite.
Externally offering; garage en-bloc, communal gardens and grounds.
Offered chain free Location In a purpose built development close to the open spaces of Batford Springs, approximately 0.9 miles from Harpenden town centre and station providing direct services to St Pancras International.
Square Footage: 707 sq ft Leasehold with approximately 963 years remaining. Directions From Harpenden mainline station, proceed up Station Road towards Lower Luton Road.
Continue along the road, over the bridge and the property is on the left hand side.
Additional Info Holding Deposit : £345.00 ( 1 week ) Deposit Payable : £1,725.00 ( 5 weeks ) Minimum Term : 12 months Rent must be paid monthly in advance
Value & comps
No previous sales on record.
Returns
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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 61,, Balfour Court, Harpenden
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