1-bedroom flat · AL5 3RA
For saleListed 32 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Much sought after ground floor retirement apartment for the over 60’s forming part of this popular and well managed block at Roundwood close to local shops and bus routes and just over a mile from the High Street.
Comprising entrance hall, living room with own door to an attractive sun trap terrace, fitted kitchen, double bedroom with wardrobes, ‘wet room’ with walk-in shower, electric heating, double glazing, communal gardens.
The development further benefits from entry phone system, passenger lift, residents lounge and laundry room, house manager and overnight guest suite. All apartments have direct access to ‘Careline’.
No chain involved Lease - 99 years from 1986 Service Charge - currently £1950.72 per 1/2 year Ground Rent - £249.68 per 1/2 year Council Tax Band - C
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 12 Homedell House, Roundwood Lane, Harpenden
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