2-bedroom flat · WD3 5TQ
Listing removedReduced £20k (−5.7%) on 25 AugListed 224 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This beautifully presented two-bedroom ground floor apartment benefits from a private balcony, which is directly accessed from the reception room.
The accommodation briefly comprises a modern kitchen, spacious reception room, two bedrooms, and two bathrooms. The property also features a video entry system for added security.
Further benefits include two underground parking spaces (there is lift access to the apartment) with remote-controlled security gates, communal gardens, and visitor parking in addition to the private balcony.
The property is offered to the market with no onward chain.
Situation: This property enjoys access to Chorleywood village centre, with its varied shopping facilities and railway station which provides a Chiltern Line/Met Line service into London.
For those who drive, there is access to the M25 at junctions 17 and 18. Schooling, both state and private, is available within the district and surrounding areas.
Leisure facilities are numerous, including several well-known golf courses, such as nearby Moor Park. Equestrian pursuits are also well catered for.
Viewings: By appointment only please via the Vendors' Agents, John Roberts & Co, 47B Lower Road, Chorleywood, Herts WD3 5LQ. Tel.
Opening times: Monday to Friday 9:00am to 6:00pm Saturday 9:00am to 4:00pm. Tenure: Leasehold: 114 Years Remaining Service Charge: Tbc Ground Rent: Tbc Council: Three Rivers DC
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
Agent & docs
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FAQ
About 3, Castle Gate, Chorleywood
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