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 · AL2 3FL
Listing removedReduced £7.5k (−5.9%) on 20 JunListed 275 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Kings Langley Estates are delighted to offer this 50% shared ownership one bedroom top floor apartment located within the popular Barnes Wallis Way development in Bricket Wood built in 2019 by Crest Nicholson.
The well proportioned accommodation comprises: Entrance hallway, living room, fitted kitchen, bedroom and bathroom.
The property comes with an allocated parking space for one car and has access to communal gardens. The property is available to purchase with a 100% share with offers in excess of £250,000.
Viewings come strongly advised.
Entrance Hallway 2.78m x 2.49m - 9'1” x 8'2” Fitted carpets, video entryphone, built in cupboard housing Potterton combination boiler, plumbing for washing machine, Nvaire ventilation system.
Bathroom 2.76m x 1.7m - 9'1” x 5'7” Bath with mixer tap & shower attachment, shower screen, pedestal wash hand basin, WC, part tiled walls, tiled floor, heated towel rail, electric shave point.
Bedroom 4.07m x 3.38m - 13'4” x 11'1” Fitted carpets, fitted wardrobes radiator, double glazed windows to rear aspect.
Living Room 4.17m x 4.16m - 13'8” x 13'8” Fitted carpets, radiator, double glazed window and door opening to Juliette balcony.
Kitchen 2.87m x 2.11m - 9'5” x 6'11” Wall & base cupboards, roll top work surfaces.
Zanussi induction hob, oven, extractor, stainless steel 1/2 bowl sink with mixer tap, integrated fridge / freezer, tiled floor and radiator.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About Flat 12, Waddington House, 62 Barnes Wallis Way, St. Albans
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