We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · WD3 3FG
Listing removedReduced £2.5k (−0.8%) on 20 JunListed 492 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No upper chain and share of freehold Looking for a secure luxury ground floor apartment within a exclusive gated development, close to local shops and Croxley Met Line station, then this lovely home could be just what you are looking for.
Set right in the heart of Croxley Green.
Enjoying many benefits including it's own private entrance, a private sunny terrace, lovely bright and expansive lounge, appliance fitted kitchen, a spacious double bedroom with fitted wardrobes and a contemporary bathroom.
One allocated parking space and communal gardens. A must view, so call us today to book an appointment. Service Charge: £1,440 pa (service and maintenance, includes ground rent).
Entrance Secure entrance door into own private entrance hall with storage cupboards and door into: Reception Room Substantial room with wood effect flooring, small window to front and patio style doors onto private patio area.
Recessed ceiling lights and fitted with fixed storage and display shelving and opening into: Kitchen Window to side elevation and fitted with a range of wall and base units finished in high gloss white with dark laminate worktops and upstand.
Inset stainless steel sink with chrome mixer tap, ceramic hob with vented extractor over, fitted under oven and grill. Integrated tall fridge freezer and washing machine.
Tall cupboard with hot water pressure cylinder. Bedroom Fitted wardrobes with mirror sliding doors, ceiling lights, and carpet flooring. Window to rear.
Bathroom Fitted with a modern suite to including corner bath with shower over, WC and pedestal basin, all with chrome fittings. Part tiled walls Tiled floor, ceiling lights and extractor fan.
Outside The apartment has exclusive use of the private patio surrounded by low hedging.
The block sits within well maintained communal gardens front and rear shared with the other 17 apartments which are well maintained by the management company.
Parking 1 allocated parking space and generous provision of visitor spaces within the grounds.
Local Authority Three Rivers District Council Band C Lease Lease:108 years remaining Ground Rent: Included in service charge Service Charges: £1,440 pa (service and maintenance) (should you wish to proceed with the purchase of this property, these details must be verified by your solicitor) Agency Notes Feedback - after all viewings we appreciate feedback either verbally or by email.
Offers - we are happy to discuss initial offers verbally but all formal offers should be in writing with the full name of purchasers, written evidence of deposit and mortgage amount, position/status of purchaser and any related or associated sale.
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
Agent & docs
FAQ
About 8, Southam Mews, Rickmansworth
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