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See how verdicts work2-bedroom flat · EN6 1XW
For saleReduced £5k (−5.9%) on 23 OctListed 54 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Billy Lows Lane, Potters Bar This two bedroom ground floor retirement apartment is conveniently located within reach to Potters Bar High Street including local shops, gp surgeries, Potters Bar Library plus Oakmere Park and Parkfield Open space are close by.
The property is in need of modernisation throughout but does have the advantage of direct access to the communal gardens from the Lounge. Offered on a chain free basis. Viewing is highly recommended.
Leasehold properties: Ground Rent: £1 Service Charges: £3889.00 Buildings Insurance: Inclusive Lease length: 87 Material information Council Tax Band: D (Hertsmere) Parking arrangements: Residents & Visitor Parking Mains Gas: No Mains Electric: Yes Mains Water/drainage: Yes Heating Type: Surface Water Flood Risk: Very Low Risk Rivers & The Seas Flood Risk: Very Low Risk (source: ) Broadband Availability: (FTTP is unavailable), Standard (Source: Ofcom & BT Broadband Availability Checker) Mobile Availability: EE: Good outdoor and in-home O2: Good outdoor and in-home 3: Good outdoor variable in-home Vodaphone: Good outdoor and in-home (Source: Ofcom) If you wish to ‘opt out’ from receiving any marketing material/property details from Hobdays Estate Agents.
Please telephone us on or email to advise us of your preferences. If you wish to view our privacy statement, please visit our website.
In line with ‘The Money Laundering Regulations 2007‘ we are legally obliged to take formal identification from any person(s) wishing to purchase a property through Hobdays.
For compliance, we use a third party ‘Move Butler’ to carry out the Anti Money Laundering checks at a charge of £15 + vat per person.
Viewing strictly by appointment via Hobdays Telephone: Unauthorised uses of the details, pictures or floor plans regarding this property is strictly forbidden & remain the property of Hobdays Estates Limited Whilst all reasonable care has been taken in the preparation of these details, their accuracy is not guaranteed.
All measurements are approximate and the descriptions are for general purposes only (A laser measure has been used).
None of the statements contained in these particulars are to be relied upon as statements or representations of fact.
Hobdays has not tested any apparatus, equipment, fixtures, fittings or services relating to this property and therefore cannot verify that they are in working order or fit for the purpose.
Prospective purchasers are strongly advised to satisfy themselves, by inspection or otherwise, as to the correctness of any statement herein and to take appropriate precautions to check anything which may be critical to their interest in the property.
All pictures are taken with the aid of a wide angled lens. Items shown are not necessarily included.
*Tenure of the property has not been checked, therefore this need to be verified by the buyers solicitor.
Room details: - Area: Main entrance; Size: 0ft 0in x 0ft 0in - Area: Hallway; Size: 0ft 0in x 0ft 0in - Area: Kitchen; Size: 0ft 0in x 0ft 0in - Area: Lounge; Size: 0ft 0in x 0ft 0in - Area: Bedroom 1; Size: 0ft 0in x 0ft 0in - Area: Bedroom 2; Size: 0ft 0in x 0ft 0in - Area: Wet room; Size: 0ft 0in x 0ft 0in - Area: Communal areas; Size: 0ft 0in x 0ft 0in
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
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FAQ
About 10 Hertford Mews, 120 Billy Lows Lane, Potters Bar
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