2-bedroom flat · EN6 3DB
Let agreedListed 35 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented, newly decorated, first floor two double bedroom apartment, set within a well maintained purpose built block situated on Mimms Hall Road, Potters Bar, offering excellent practical accommodation in a convenient residential location.
The property comprises a bright well sized reception room with small balcony, a separate fitted kitchen with all new appliances, a fully tiled bathroom with bath and shower attachment.
Two bedrooms both with excellent storage, gas central heating and double glazing. The property is well located for local amenities and transport connections.
Nearby transport links include Potters Bar railway station, offering regular services into London Kings Cross and Moorgate, as well as excellent access to the A1(M) and M25 for road travel.
Local bus routes also provide convenient links to surrounding areas. £1750PCM, deposit £2000. Council tax band C. EPC rating band C.Client Money Protection scheme membership A4262.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 3 Lexington Court, Mimms Hall Road, Potters Bar
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