2-bedroom flat · AL2 3FL
Listing removedListed 291 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***35% shared ownership*** Welcome to Flat 8 Waddington House, a modern first-floor flat located in the desirable area of Bricket Wood.
This property, built in 2018, offers a contemporary living experience with a generous 710 square feet of space, making it an ideal choice for first-time buyers or those looking to downsize.
The flat features an inviting open-plan living area that seamlessly combines the reception room and kitchen, creating a perfect space for relaxation and entertaining.
The kitchen is equipped with integrated appliances, ensuring convenience and style.
There are two well-proportioned bedrooms, providing ample space for rest and personalisation, along with a modern bathroom that meets all your needs.
One of the standout features of this property is the 35% shared ownership option, which makes it an attractive opportunity for those looking to enter the property market.
With no upper chain, you can move in without delay. Additionally, the flat benefits from off-street parking for two vehicles, a valuable asset in this sought-after location.
Waddington House is conveniently situated close to local amenities, ensuring that you have everything you need within easy reach.
The area also boasts good road links, making commuting and travel straightforward.
With 118 years remaining on the lease and the housing association linked to the shared ownership being Clarion, this property presents a fantastic opportunity to secure a modern home in a vibrant community.
Don’t miss your chance to view this lovely flat and make it your own.
RICS Full market value: £345,000 Percentage for sale: 35% Rent: £660.07 per calendar month Service charge: £174.16 per calendar month Ground rent: £150.00 per annum Reception Room/Kitchen (6.55mx4.47m (21'6x14'8)) Bedroom One (3.94mx3.73m (12'11x12'3)) Bedroom Two (3.94mx2.21m (12'11x7'3))
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 Flat 8, Waddington House, Barnes Wallis Way, Bricket Wood
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