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See how verdicts work2-bedroom flat · WD7 8BH
Sold STCListed 31 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two double bedroom south west facing apartment located on the second floor of this popular block. The apartment is within a few minutes of walk of Radlett's town centre.
The apartment has been recently renovated as so has the entire block with new lifts, lighting and new balconies.
The apartment consists of a principle bedroom with en-suite shower room, a second double bedroom, a guest bathroom, a fully fitted kitchen, a large bright and airy lounge and dining room with access via bi-folding doors to the large south west facing balcony which is not overlooked .
The apartment has the benefit of a secure underground parking space and storage room. There is also an abundance of visitors parking.
The apartments service charge is approximately £4,500 per annum and has 1/24th share of the freehold with a lease of circa 980 years.
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
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FAQ
About Gills Hill, Radlett
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