We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom house · WD3 1SW
For saleListed 192 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**ONE BEDROOM SECOND FLOOR RETIREMENT APARTMENT WITH BALCONY** Welcome to Middlemarch Lodge!
This delightful one bedroom second floor retirement apartment is conveniently located near the stairs and is presented in very good order throughout.
The Living room offers ample space for living and dining room furniture and benefits from a feature electric fire with attractive surround.
A French door opens to a private balcony and dual aspect windows provide lots of natural light.
The Kitchen is accessed via the Living room and offers a range of eye and base level units with working surfaces over and tiled splashbacks.
There is a built in waist height oven, 4-ring electric hob with extractor hood over, a fridge and freezer. A window provides light and ventilation.
The Bedroom is a good sized double room with built in mirrored wardrobe. There is plenty of space for additional furniture if required and window keeps this lovely bedroom bright and airy.
The Shower room offers a curved shower with handrail, a WC, heated towel rail and wash basin with vanity until beneath.
Perfectly complementing this lovely apartment is a useful storage cupboard located off the Hallway. Call us today to book your viewing at Middlemarch Lodge!
Located in the town of Rickmansworth, in the Three Rivers district of Hertfordshire is this attractive development of 42 one and two bedroom Retirement apartments, ideally situated on the edge of the Town Centre.
Rickmansworth is a small town which offers a variety of leisure activities and amenities which range from Cassiobury Park, cycling along one of the most picturesque sections of the Grand Union Canal, The River Chess Valley, walks in the Chiltern Hill and Chorleywood Common to name a few.
The High Street hosts a range of restaurants for you to relax in and Rickmansworth contains a large public park called the Aquadrome, which covers 41 hectares and consists of lakes, grassland and woodland, making it an ideal place for walks.
The Lodge manager is on hand throughout the day to support the owners and keep the development in perfect shape.
They arrange many regular events in the Owners’ Lounge from coffee mornings to games afternoons. A Guest Suite is available for your friends and family to stay in.
In addition, you are entitled to use the Guest Suites at all Churchill Living developments across the country. Prices are available from the Lodge Manager.
Middlemarch Lodge has been designed with safety and security at the forefront.
The apartment has an emergency Careline system installed, monitored by the onsite Lodge Manager during the day and 24 hours, 365 days a year by the Careline team.
Careline integrated intruder alarm, secure video entry system and sophisticated fire and smoke detection systems throughout both the apartment and communal areas provide unrivalled peace of mind.
Middlemarch Lodge is managed by the award winning Churchill Estates Management, working closely with Churchill Living and Churchill Sales & Lettings to maintain the highest standards of maintenance and service for every lodge and owner.
Middlemarch Lodge requires at least one apartment resident to be over the age of 60 with any second resident over the age of 55.
Service Charges (Year Ending 31st May 2026) per annum: £2,835.42 Ground Rent £640.74 To be Reviewed April 2026 125 year Lease commencing 2012 Council Tax Band: D Please check regarding Pets with Churchill Estates Management Service charges include: Careline system, buildings insurance, water and sewerage rates, communal cleaning, utilities and maintenance, garden maintenance, lift maintenance, lodge manager and a contribution to the contingency fund.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Middlemarch Lodge, Rickmansworth, Hertfordshire
Explore nearby