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See how verdicts work2-bedroom house · AL7 2RG
Listing removedListed 541 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*extended lease* A fantastic opportunity to acquire this two bedroom first floor (top floor) retirement flat for the over 55's tucked away in a quiet spot.
Positioned in the garden side of the Roseacre development with easy stair lift access. Beautifully decorated and well maintained. Has the benefit of a separate kitchen.
Generous storage off the hallway. Lounge with French doors looking out onto the communal courtyard with pretty seasonal flowers and trees. Secure entry system.
Communal areas are kept to a high standard. On site manager and regular organised social events. Purchasers must be aged 55 or over. Energy rating C.
A must view property to appreciate the wonderful Roseacre community and lifestyle. Communual Entrance Secure entry door serving six apartments. Stairs and stair lift to first floor.
Apartment Entrance Security intercom handset. Airing cupboard. Loft access for private storage. Kitchen Well maintained kitchen with space for fridge freezer, washing machine and cooker.
Large window aspect which lets in plenty of natural light. Living Room Lovely large living room looking over the gardens with glass French doors . Juliette Balcony.
Bedroom One Large spacious double bedroom with built in cupboards . Window aspect Bedroom Two Perfect room for a guest, study or dressing room with window aspect.
Shower Room Three piece white and cream suite with shower. Partially tiled with an extractor fan. Lease Information New Lease granted in 2021 for 184 years Service charge: £315.04 per month.
Ground Rent: Included within the service charge. About Panshanger Panshanger was a large country house located between the outer edge of Hertford and Welwyn Garden City.
It was originally owned by Earl Cowper who later became Lord Chancellor of Great Britain.
After seven generations, with no heir, the estate was sold and demolished c.1953 Panshanger Park is presently owned by Lafarge.
Although Panshanger House was demolished, the orangery, nursery garden wall and stables remain along with a number of other cottages and estate buildings, all of which are listed by English Heritage.
Residential housing was established in the area in the seventies. Moneyhole park playing fields and Panshanger woodlands are within walking distance.
Local amenities Include a small parade of shops including a Doctors surgery, Chemist, Post office, Hair salon, Beauticians. There is also a Morrison’s supermarket and petrol station.
Buses into town are every half an hour, Monday to Saturday.
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 22, Roseacre Gardens, Welwyn Garden City
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