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See how verdicts work3-bedroom maisonette · AL3 7NY
For saleReduced £30k (−13.6%) on 9 OctListed 397 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary An interesting and rather unique three bedroom split level maisionette which feels like a town house in the popular village of Redbourn just off the main High Street and ideally located for all shops and amenities that Redbourn has to offer.
An over 55's property set within a popular central complex description An interesting and rather unique three-bedroom split level maisonette which feels like a town house in the popular village of Redbourn just off the main High Street and ideally located for all shops and amenities that Redbourn has to offer.
An over 55's property set within a retirement complex owned by Peabody Housing Association, this property offers tremendous living accommodation over three floors with the benefit of residents parking and a well maintained communal garden for all residents to use and is offered with vacant possession.
Agents note: This property is currently freehold but will revert to leasehold on completion of sale.
There will be 125 years remaining on the lease and the property will be subject to a £3768 service charge Entrance Hallway Stairs leading to first floor.
First Floor Galleried Landing Stairs to second floor, storage heater, UPVC window to side aspect.
First Floor Lounge 18' x 11' 9" ( 5.49m x 3.58m ) UPVC window to rear aspect, Telephone appointment, Carpeted and wall lights.
First Floor Kitchen / Dining 18' x 11' 3" ( 5.49m x 3.43m ) UPVC window to rear aspect, telephone point, carpeted and laminate flooring in kichen area.
Electric hob and oven, Space for washing machine, Storage heater.
Second Floor Landing L shaped in layout, Wall heater, under eaves storage, Airing cupboard with water tank, Velux window to rear aspect.
Second Floor Bedroom One 18' 4" x 11' not inc bay ( 5.59m x 3.35m not inc bay ) Box bay two sash windows to front aspect.
TV point, Telephone point, Storage heater, Second Floor Bedroom Two 11' 4" x 11' not inc bay ( 3.45m x 3.35m not inc bay ) Box bay sash window to front aspect, Under eaves storage, Storage heater.
Second Floor Bedroom Three 9' 5" x 7' 2" ( 2.87m x 2.18m ) UPVC box bay window to rear, Storage heater, Telephone point.
Communal Gardens Used for the enjoyment of all residents within the complex set in a secluded courtyard.
Mostly laid to lawn with shrubs surrounding with feature pond with water feature and garden benches. Parking Residents Parking Permit Scheme within the complex. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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 3, New Forge Place, St. Albans
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