1-bedroom flat · EN6 1XW
For saleListed 253 days
Opportunity summary
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About
This delightful one bedroom apartment on the second floor of the popular development Hertford Mews, located just a short walk to shops and restaurants and both Highview & Annandale Medical Centres and Parkfield Open Space.
The property is offered in immaculate condition and benefits from a recently fitted modern kitchen with Neff appliances, southerly views over the award winning gardens, recently remodelled shower room and new hot and cold water tanks.
Hertford Mews is a retirement block with assisted living, there is a manager on site and pull cords in the rooms in case of emergencies monitored 24hrs a day 365 days a year, there is a communal residents lounge and award wining gardens, residents laundry room and overnight guest suites available for visitors along with guest and resident off street parking.
COMMUNAL BENEFITS AT HERTFORD MEWS There is a Residents Lounge with a range of tables and chairs, a communal Kitchenette with range of wall & base units, stainless steel inset sink unit, tea and coffee making facilities, electric oven.
Communal landscaped gardens with a range of raised brick built flower & shrub beds, lawn areas, seating areas, outside lighting.
Overnight guest suites There are 2 available, comprising of twin beds, with tea and coffee making facilities, en-suite shower room. Available by appointment and for a small charge per night.
Laundry room with washing machines and dryer for residents use. Weekly program of residents social events.
Pull Chord emergency system is monitored 24Hrs / 365 days LEASE 89 YEARS REMAINING FROM MARCH 2024 COUNCIL TAX BAND: C GROUND RENT:£1 per annum SERVICE CHARGES: £ 2809.89 (subject to annual review) BUILDINGS INSURANCE: Inclusive
Value & comps
No previous sales on record.
Returns
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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 Billy Lows Lane, Potters Bar, EN6
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