2-bedroom flat · AL7 2DL
Sold STCListed 222 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** CHAIN FREE ** Larger than average TWO DOUBLE BEDROOM FIRST FLOOR apartment that has been freshly redecorated and remodelled to create a Large Kitchen and dinning room .
Larger than average TWO DOUBLE BEDROOM FIRST FLOOR apartment with ample storage units in the hallway. This property is in a QUIET CUL-DE-SAC residential location easy access to the A414 and A1M.
Secure entry phone system. This apartment benefits from LOW SERVICE CHARGE and GROUND RENT. COMMUNAL GARDENS to enjoy and plenty of unrestricted residents bay and street parking.
Shops are within walking distance from the block and there are a selection of Ofsted "Good" schools within close proximity.
The town centre is just a short drive or a 20 minute brisk walk where you will find the mainline station serving Kings Cross and Moorgate.
This is a must see to appreciate the size of this property.An investor could achieve in the region of £1250 PCM. Energy Rating C. COMMUNAL ENTRANCE Newly replaced security intercom door.
Quarry tiled floors and staircase APARTMENT ENTRANCE Large entrance hall with replacement front door and large storage cupboard with light.
In the communal hallway there is also another large storage cupboard. LIVING ROOM Large windows facing the communal grounds.
DINING ROOM This space have been remodelled to create a large kitchen dining area.
KITCHEN Range of wall and base units, with space for fridge/freezer and cooker with window overlooking the communal gardens.
BEDROOM ONE Large alcove with window facing the to communal gardens BEDROOM TWO Large second bedroom with window facing the communal gardens Bathroom Three piece bathroom suite with bath and head over shower, towel rail, underfloor heading and window LEASE INFORMATION Years remaining 85 Years Commencement date 14th December 1985 Service charge and ground rent for the annum £640.00 COUNCIL TAX BAND C £2,037.07 ABOUT PANSHANGER Panshanger was a large country house located between the outer edge of Hertford and Welwyn Garden City.
It was originally owned by Earl Cowper who later became Lord Chancellor of Great Britain.
After seven generations, with no heir, the estate was sold and demolished c.1953 Panshanger Park is presently owned by Lafarge.
Although Panshanger House was demolished, the orangery, nursery garden wall and stables remain along with a number of other cottages and estate buildings, all of which are listed by English Heritage.
Residential housing was established in the area in the seventies. Moneyhole park playing fields and Panshanger woodlands are within walking distance.
Local amenities include a small parade of shops including a Doctors surgery, Chemist, Post office, Hair salon, Beauticians. There is also a Morrison’s supermarket and petrol station.
Buses into town are every half an hour, Monday to Saturday.
BUYER INFORMATION In accordance with the UK's Anti Money Laundering (AML) regulations, we must verify the identity of all potential buyers at the time an offer is accepted.
To achieve this, we utilise a third-party Identity Verification System. There is a nominal fee of £35 (per person) inclusive of VAT for this service.
Buyers must be made aware of this information prior to having their offer accepted as this will form part of the process of agreeing a sale in a timely manner.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Kingscroft, Welwyn Garden City, AL7
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