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See how verdicts work2-bedroom flat · WD6 1SD
For saleListed 10 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offering close to 830 Sq Ft (77 Sq M) of internal space is this generously proportioned two double bedroom, two bathroom apartment situated on the first floor of a modern development benefiting from a concierge, gym and an allocated parking space.
This modern flat would make an ideal first time purchaser and further benefits from an impressive open plan kitchen/reception room with bi-folding doors opening onto a delightful private balcony, a spacious master bedroom with en-suite with built in wardrobes and a large second bedroom.
The owners love .."starting our mornings with a coffee on the balcony and having friends and family over for dinner. Having the gym so close by is another real bonus.
It's been a wonderful place to call home, and we've loved the little everyday moments that make it so special." We have been advised of the following: Lease - Circa 115 years remaining Service charge - Circa £4,000 per annum Ground rent - Circa £125 per annum Elstree House is conveniently located on Elstree Way, within easy reach of Borehamwood town centre, offering a wide selection of shops, cafés, restaurants and leisure facilities.
Elstree & Borehamwood station provides excellent transport links into Central London, whilst the nearby A1 and M25 offer convenient road connections.
*Please note that certain images have been virtually furnished for illustrative purposes 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
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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 Elstree Way, Borehamwood, WD6
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