1-bedroom flat · EN6 2HS
Listing removedListed 572 days
Opportunity summary
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About
A ground floor retirement flat comprising of entrance hall, one bedroom, lounge/diner, kitchen and shower room.
Entrance to the block is via a communal security entrance door into the communal entrance hall with access to a communal lounge, where the residents meet up daily for tea and cake.
To the exterior is a communal garden and a parking area. Communal Entrance Door Communal entrance hall via a security system. Entrance Hall Private entrance door leading into entrance hall.
Walk in storage cupboard housing electric fuse board and a year old water storage heater. Lounge/Diner Double glazed door (leading onto patio area) and window to rear. Decorative fireplace.
Two wall mounted electric heaters Kitchen Double glazed window to rear. Wall and base units with work surfaces over. Single bowl with single drainer sink with mixer tap. Space for fridge and freezer.
Built in electric oven (6 months old). Four ring electric hob with extractor above. Part tiled walls. Bedroom Double glazing window to rear. Electric wall mounted heater.
Floor to ceiling fitted wardrobes. Fitted chest of drawers and matching Ottoman. Bathroom Double glazed frosted window to side. Wash hand basin. Low level W.C. Tiled walls.
Separate shower cubicle with wall mounted shower. Exterior Communal gardens which are mainly laid to lawn with seating areas. There is parking for the residents and visitors to the rear.
Leasehold Lease Term; 125 years from 01 March 2001.
Term Remaining; 101 years Ground Rent £390.00 every 6 months (£780.00 per year) Service Charges £1229.00 every 6 months (£2858.00) Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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 30, Potters Court, Potters Bar
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