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See how verdicts work2-bedroom flat · CM17 9RX
Sold STCListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**(Guide Price £250,000 - £260,000)** Offered with no chain is this two bedroom, penthouse apartment with two private balconies, an en-suite shower room and allocated parking.
The accommodation comprises a welcoming entrance hall leading to a spacious lounge/diner with access to a private balcony, a modern fitted kitchen and a bathroom with a white three-piece suite.
There are two bedrooms, with the main bedroom benefitting from fitted wardrobes, an en-suite shower room and access to an additional private balcony.
Chelsea gardens is located in the popular Church Langley development, within walking distance of local shops, schools and open fields. Lease Remaining: 98 years. Service Charge: £1613 per year.
Ground Rent: £250 per year. To reserve this property exclusively - fees apply.
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 48, Chelsea Gardens, Church Langley
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