2-bedroom flat · EN6 5NP
For saleReduced £14k (−4.7%) on 12 OctListed 231 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well presented good sized two bedroom first floor flat with separate outside space and store is conveniently located for shops, schools and transport links.
Would make an ideal investor or first time buyer purchase. Benefits from having a long lease. Offered chain free. Wooden front door with central glazed leaded light window.
Opens into entrance hallway. Hallway Single radiator. Laminate wood flooring. Door through to Lounge / Diner Continuation of laminate wood flooring. Single radiator.
White UPVC double glazed window to side. White UPVC double glazed full length window to side. Wall mounted shelving, . Kitchen Comprising wall and base units in white high gloss with black worktops.
Stainless steel sink with mixer tap and drainer. Space for fridge / freezer. Integrated dishwasher. Integrated Bosch electric oven with induction hob above, Integrated washing machine.
Continuation of laminate wood flooring. Tiled splashbacks. Large larder with shelving, Cupboard housing Valliant combination boiler. White UPVC double glazed window to side.
Bedroom One Single radiator. White UPVC double glazed window to side. Storage cupboard with shelving. Bedroom Two Single radiator. Continuation of wood laminate flooring. Wall mounted shelf.
White UPVC double glazed window to rear. Family Bathroom Comprising of white suite featuring close couple W.C. Bath with mixer tap and handheld shower attachment.
Sink with mixer tap set within vanity unit with cupboards below. Heated towel rail. Wal mounted vanity mirror. White UPVC double glazed obscure glass window to rear.
Outside On external landing area there is a storage cupboard. Garden Area Lawned area with patio. Further storage cupboard. Tenure - Leasehold - 172 years remaining. Service charge £485.60 per annum.
Property Misdescriptions Act As Agents we have not tested any apparatus, equipment, fixtures, fittings or services, and so cannot verify that they are in working order or fit for the purpose.
As a buyer you are advised to obtain verification from your Solicitor/Conveyancer or Surveyor if there are any points of particular importance to you.
Reference to the tenure of the property is based on information given to us by the seller as we will not have had sight of the title documents.
Before viewing a property, do please check with us as to its availability and also request clarification or information on any points of particular interest to you to save you a wasted journey.
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 124, Chace Avenue, Potters Bar
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