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See how verdicts work1-bedroom flat
For saleListed 11 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available chain free is this purpose built 1 bedroom maisonette in the village of South Mimms which is on the outskirts of Potters Bar and therefore benefits from good access to road and rail links.
The property does require some updating but will benefit from a new 125-year lease and would suit either an investor or first-time buyer.
White UPVC partially glazed in obscure glass front door opening into Entrance Lobby Half flight of stairs to further lobby area.
Wooden front door with obscure glass glazed panels opening into the property itself. Cupboard concealing consumer unit and electricity meter.
Stairs rising to Landing White UPVC double glazed window to front. Dimplex wall mounted storage heater. Airing cupboard with rack shelving housing hot water cylinder. Access to loft space.
Doorway through to Lounge Coving to ceiling. Dimplex storage heater. Wood laminate flooring. Cupboard with shelving. White UPVC double glazed window to rear with countryside views beyond.
Bi-folding door leading through to Kitchen Fitted with range of white wall, drawer and base units. Space for an electric cooker. Space for washing machine. Space for slimline dishwasher.
Space for fridge / freezer. Coving to ceiling. One and a half bowl white sink with drainer and mixer tap. Tiled walls. Double glazed white UPVC window to rear. Bedroom Coving to ceiling.
Wood laminate flooring. Dimplex electric heater. Cupboard with shelf and hanging rail. Bay fronted white UPVC double glazed window to front.
Bathroom Fitted with white suite comprising of bath with corner mounted mixer tap. Wall mounted electric shower. Glazed pivoting screen.
Sink set within vanity unit with mixer tap and storage cupboard below. W.C. Tiled walls. Double glazed white UPVC obscure glass window to side. Exterior Pathway leading to front door.
Pathway extends to rear of property with access to a garage with up and over door. Covered gas meter. Tenure - Leasehold - 125 years. Council tax band C - Hertsmere Council.
Property Information We believe this information to be accurate, but it cannot be guaranteed.
If there is any point which is of particular importance we will attempt to assist or you should obtain professional confirmation. All measurements quoted are approximate.
The fixtures, fittings, appliances and mains services have not been tested. These Particulars do not constitute a contract or part of a contract.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Blackhorse Lane, South Mimms
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