1-bedroom flat · AL7 2LB
Listing removedListed 77 days
Opportunity summary
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About
**chain free, extended lease and low charges** A larger-than-average top floor one-bedroom apartment, offering an impressive 491 sq.ft. Of well-planned accommodation.
Beautifully presented throughout, the property features a contemporary high-gloss fitted kitchen complete with part integrated appliances, a stylish fully tiled bathroom, and generous living space.
One of the standout features is the abundance of storage, including the added benefit of a versatile office/store room, ideal for home working or additional storage.
Situated within the popular Aldbury Grove development, residents enjoy a welcoming community atmosphere, ample unrestricted parking, EV charging points, well-maintained communal gardens, and convenient drying areas.
An excellent opportunity for first-time buyers, downsizers, or investors seeking a spacious, low-maintenance home in a desirable location.
Conveniently located, the local Panshanger shops and Morrisons supermarket are just a short walk away. The picturesque village of Tewin nearby offers tranquil Sunday walks and charming pub lunches.
Families will appreciate the proximity to Moneyhole playing fields Excellent transport links to the A414, A1(M), and the town centre mainline station ensure easy commuting.
With the benefit of a chain free transaction, a swift completion is being offered. For added peace of mind, there is a gas and electrical safety certificates available.
Welcome To Aldbury Grove Access the property via a secure entry phone system into a well-maintained, tiled communal hallway.
Upon entering the apartment, you are welcomed by a beautifully refurbished kitchen featuring an excellent range of sleek grey wall and base units, complemented by a generous larder cupboard providing superb storage.
Fully equipped with integrated appliances, the kitchen includes an inset gas hob, eye-level oven, integrated microwave, and under-cabinet mood lighting, creating a stylish yet practical space.
In addtion, there is a fridge freezer, washing machine and tumble dryer.
The bathroom is fitted with a modern white three-piece suite and benefits from fully tiled walls and flooring, a heated chrome towel rail, and a window providing natural light and ventilation.
The spacious living room enjoys a pleasant outlook over the attractive communal gardens, creating a bright and relaxing living space.
The generous double bedroom also overlooks the peaceful, leafy gardens to the rear and i...
In Addition Externally, residents can enjoy the well-maintained communal gardens and drying area, together with ample unrestricted residents' parking and convenient EV charging points.
Lease Information The lease is curently being extended from 84 years and a buyer will benefit from a new lease of circa 174 Years and a peppercorn ground rent of £1.00 per annum.
Service Charge: £453.62 for the annum, includes buildings insurance. 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 and Beauticians. There is also a Morrisons 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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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 38, Aldbury Grove, WELWYN GARDEN CITY
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