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See how verdicts work2-bedroom flat · HP3 9WE
For saleListed 64 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located within the popular Apsley Lock development, this well presented first-floor two-bedroom apartment offers well-presented accommodation in a convenient location, just a short walk from The Marina and Apsley Train Station.
The property comprises a Lounge/Dining Room, Kitchen, Main Bedroom with Ensuite, a second bedroom and Family Bathroom. Further benefits include a parking permit.
Communial Entrance Secure communal door to hallway, stairs rising to first floor. Entrance Door to: Entrance Hall Doors to all rooms, airing cupboard housing hot water cylinder.
Lounge/Dining Room Two double glazed windows to rear aspect. Electric radiator, door to kitchen. Kitchen Two double glazed windows to rear aspect.
Fitted with a range of wall-mounted and floor standing units with rolled edge work surface over, stainless steel sink with drainer, integrated electric oven with extractor hob over, space for washing machine and fridge freezer.
Bedroom 1 Three double glazed windows to rear aspect. Electric radiator, door to en-suite.
En-Suite Low level WC with concealed cistern, pedestal wash hand basin, shower unit with electric shower and tiled walls, extractor fan. Bedroom 2 Double glazed window to rear aspect.
Electric radiator. Bathroom Tiled floor, part tiled walls, paneled bath with shower over, low level WC, built in storage, extractor fan, hand wash basin
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 5 Barge House, Evans Wharf, Hemel Hempstead
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