1-bedroom house · EN6 1BZ
Sold STCListed 71 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This west facing one-bedroom ground floor apartment with the use of two patio areas off the lounge and bedroom is located within this ever popular ' Living Plus' development built ten years ago by McCarthy Stone.
Exclusively for the over 70's offering independent living this is alongside the many of the communal benefits offered within the complex- Residents lounge & Function room with Wi-Fi, luncheon dining room, laundry room, in house hairdresser by appointment, mobility charging room, guest suite, gardens, Estates manager & 24-Hour on-site staffing, 24-Hour emergency call systems.
Offered Chain Free. Residents Facilities residents lounge with Wi-Fi . Spacious lounge with a focal point fireplace, sofas, chairs and tables, coffee and tea facilities.
Restaurant: Lunch time dining hall with a choice of daily menu. Pre - booking also available for family and friends. Laundry room: Equipped with a variety of washing machines and dryers.
Bathrooms: Residents' bathroom. Well being suite - Hair dressers by appointment. Mobility: Large scooter park with plugin power points, access from the from car park.
Function room: Available to hire for gatherings. Guest suite: Overnight guest suite, on a first come first served basis to rent for family and friends. Cost approx £25.00 per night.
Guest cloakroom: Sited on the ground floor. Book-swap library sited on level one, accessed via a choice of two lifts.
Large windows overlooking Darkes Lane where there is a resident 'book swap' area with seating with coffee table.
Garden: Landscaped gardens laid mainly to lawn with a range of flower, shrub and tree borders, several seating areas front patio seating area - Accessed via the resident’s lounge.
Care and services: Within the service charge homeowners are allocated 1 hour's domestic assistance per week, however, additional hours can be arranged by prior appointment.
There are a range of personal care packages to suit your requirements - these are provided by the onsite cqc registered care team.
For your reassurance the development has 24-Hour on-site staffing, secure camera entry systems and 24-Hour emergency call system provided by a personal pendant with static call points in bathroom and main bedroom".
Leasehold properties: Ground Rent: £435 Service Charges: £10,773.84 (£897.82 per month) Buildings Insurance: Inclusive Lease length: 113 material information Council Tax Band: C (Hertsmere) Parking arrangements: Permit parking Mains Gas: No Mains Electric: Yes Mains Water/drainage: Yes Heating Type: Electric heating Surface Water Flood Risk: Very Low Risk Rivers & The Seas Flood Risk: Very Low Risk (source: ) Broadband Availability: (FTTP is unavailable), Standard, Superfast (Source: Ofcom & BT Broadband Availability Checker) Mobile Availability: EE: Good outdoor variable in-home O2: Good outdoor 3: Good outdoor and in-home Vodaphone: Good outdoor variable in-home (Source: Ofcom) If you wish to ‘opt out’ from receiving any marketing material/property details from Hobdays Estate Agents email to advise us of your preferences.
If you wish to view our privacy statement, please visit our website.
From June 2017, In line with ‘The Money Laundering Regulations 2007‘ we are legally obliged to take formal identification from any person(s) wishing to purchase a property through Hobdays.
We will require one form of photographic identification (passport, photocard driving licence, national identity card, firearms certificate, Northern Ireland identity card issued by the electoral office) together with a recent document identifying your postal address (utility bill, bank statement, mortgage statement, council tax letter).
Alternatively, you can submit your identification to your solicitor for verification but they will need to confirm to us in writing that the identity checks have been carried out & provide us with certified copies.
Viewing strictly by appointment via Hobdays Unauthorised uses of the details, pictures or floor plans regarding this property is strictly forbidden & remain the property of Hobdays Estates Limited Whilst all reasonable care has been taken in the preparation of these details, their accuracy is not guaranteed.
All measurements are approximate and the descriptions are for general purposes only (A laser measure has been used).
None of the statements contained in these particulars are to be relied upon as statements or representations of fact.
Hobdays has not tested any apparatus, equipment, fixtures, fittings or services relating to this property and therefore cannot verify that they are in working order or fit for the purpose.
Prospective purchasers are strongly advised to satisfy themselves, by inspection or otherwise, as to the correctness of any statement herein and to take appropriate precautions to check anything which may be critical to their interest in the property.
All pictures are taken with the aid of a wide angled lens. Items shown are not necessarily included.
*Tenure of the property has not been checked; therefore this need to be verified by the buyers solicitor.
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 Flat 4 Mandeville Court, 261 Darkes Lane, Potters Bar
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