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See how verdicts work2-bedroom property · HP4 1AT
Sold STCListed 261 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fabulous, two double bedroom top floor retirement apartment, with a lift and enjoying views over the high street, whilst also benefiting from private parking and a delightful residents' lounge with direct access to communal gardens.
The property is situated a short level walk from the High Street amenities in the heart of Berkhamsted.
Gilhams Court has an onsite manager and is accessed directly from the High Street via a security entrance system, into the communal entrance, which in turn provides access via the lift or stairs to the front door of the apartment.
For the wellbeing of the occupier the apartment has a Careline 24 hour emergency call system.
The apartment enjoys a spacious and impressive double aspect sitting room, which is on the front corner of the development and enjoys views over the High Street.
This room has a feature fireplace as its main focal point and the dining area is directly adjacent to the well equipped kitchen with integrated appliances.
The bedrooms have further views and the main bedroom has a double wardrobe. The shower room has a walk-in shower, vanity wash hand basin and concealed cistern WC.
The property also benefits from efficient electric heating and hot water, sealed unit double glazed windows and attractive white painted panelled doors.
Directly off the communal hallway, on the ground floor, is access to a superb residents' lounge with an attached kitchen and library area, which in turn has doors leading directly out to a southerly facing courtyard-style garden.
Gilhams Court also has a laundry room and a guest suite, for visitors, which has an en suite. Should a resident be a car-owner, there is access to an underground garage, which has generous parking.
In addition to this, the second block of Gilhams Court also has parking outside. Situated in a tucked away position and just off the High Street in Berkhamsted.
The vibrant High Street has an eclectic mix of shops, restaurants, wine bars and public houses along with M&S, Waitrose and Tesco supermarkets.
Berkhamsted is surrounded by beautiful countryside, on the edge of the Chiltern Hills, including the National Trust administered Ashridge Estate and has the Grand Union Canal running through its centre.
The mainline railway station provides a regular service into London Euston in approximately 35 minutes and is just a short walk from the property.
General Information - Lease: 125 years from July 2005. Service Charge:- £6,312.22 per annum (paid half yearly 1st April and 1st October).
Ground Rent: £ 489.00 per annum Assignment Fee:- Owners of the lease are required to pay an assignment fee on the resale of the property, which is a percentage of the sale value, as defined in the lease of 2% on completion Leasehold | EPC Rating C | Council Tax Band E In line with UK Anti Money Laundering (AML) regulations, we are obligated to verify the identity of all prospective purchasers once an offer has been accepted.
To carry out this process, we use a trusted third-party identity verification system. A nominal fee of £40 per person (inclusive of VAT) applies for this service.
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 High Street, Berkhamsted, Hertfordshire, HP4
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