1-bedroom flat · WD6 3GA
For saleReduced £20k (−9.1%) on 16 JulListed 471 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the Lucas Court development in Elstree, this charming one-bedroom first-floor flat offers a rare blend of privacy, greenery, and convenience.
Set in a small block comprising only four flats, the property enjoys a peaceful setting with great neighbours and a real sense of community.
From the bright and spacious living room, you can take in scenic views across the vast open greenery of Elstree, providing a serene backdrop to daily life.
The flat benefits from access to well-maintained communal gardens perfect for relaxing on a sunny day or enjoying the outdoors without leaving home.
Parking is available on-site, adding a welcome layer of practicality.
Located immediately next to the local gp surgery, this home offers excellent accessibility, especially for those who value nearby essential services.
Commuters are well catered for, with Elstree & Borehamwood station just one mile away, providing direct links into London.
Radlett station lies approximately 2.9 miles away, while Mill Hill Broadway is around 3 miles from the property, offering further options for travel.
For those who love the outdoors, Aldenham Country Park is within easy walking distance, with the main entrance less than a mile away and scenic walking routes that loop around the reservoir in under an hour.
This is a fantastic opportunity to secure a beautifully located flat that combines the calm of countryside views with the convenience of urban living.
Ideal for first-time buyers, downsizers, or investors seeking a peaceful yet well-connected home.
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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
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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 4 Lucas Court, Romeland, Elstree
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