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See how verdicts work2-bedroom flat · AL10 9EJ
Listing removedListed 319 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Newly refurbished two bedroom top floor flat with en-suite shower/dressing room situated in a popular cul de sac with great access to major road links and the University of Hertfordshire.
The property is offered chain free with immediate vacant possession and a 963 year lease, and briefly comprises of a communal entrance hall, private entrance hall with security entryphone system and storage cupboard, 18' lounge/diner, a newly refitted kitchen with built in appliances, two bedrooms, master with en suite shower/dressing room, refitted bathroom/wc, newly installed electric radiator heating and uPVC double glazing throughout.
Outside there are well maintained communal gardens to the front and rear serving the four flats, and an allocated private space opposite..
Communal Entrance Hall - Entrance door to front, security entryphone system, post boxes, stairs to all floors, door to: Private Entrance Hall - Entrance door, security entryphone system, arched display recess, electric heater, storage cupboard, access to loft, doors to: Lounge/Diner - Double glazed window to rear, electric heater, arched display recess, door to: Newly Fitted Kitchen - Recently fitted with a range of white high gloss wall and base units, complimentary work surfaces and tiled splash backs, inset stainless steel sink/drainer with mixer tap, built in electric hob with oven under and integrated extractor over, space for fridge/freezer and washing machine, double glazed window to rear.
Master Bedroom - Double glazed window to front, electric heater, opening to: En Suite Shower/Dressing Room - Tiled shower cubicle, built in wardrobe.
Bedroom Two - Double glazed window to front, electric heater, wardrobe recess.
Refitted Bathroom - Comprising of panel enclosed bath with shower over and glazed screen, vanity wash hand basin with mixer tap, concealed cistern dual flush wc, complimentary wall tiling, extractor fan, airing cupboard housing water tanks.
Communal Grounds - Well kept and mainly laid to lawn, various bushes and evergreens greens, communal bin stores. Parking - Private allocated space for one vehicle.
Leasehold Information - 999 year lease from 1st October 1987 (963 years remaining. £0 ground rent Service Charge for period 01 10 2025 to 30 09 2026: £1,583.19 including external building insurance.
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.
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