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See how verdicts work1-bedroom flat · AL5 3RA
For saleListed 366 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An updated ground floor flat forming part of this popular retirement development for the over 60’s situated in the Roundwood area of Harpenden under a mile from the High Street and within close proximity of local shops and bus stop outside.
Homedell House is blessed with a range of communal facilities including residents lounge, laundry room, secure entry phone system, guest facilities and ample parking.
The property has its own door onto the communal terrace and comprises entrance hall, living room with door to the communal gardens, re-fitted kitchen, double bedroom with built in wardrobe and a re-fitted shower room.
Electric storage heaters and double glazed and is being offered for sale with no chain.
Length of lease – 99 years from 1986 Service charge - £3,785.64 Ground rent - £249.68 per ½ year Council Tax band C
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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
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FAQ
About 13, Homedell House, Harpenden
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