1-bedroom flat · EN6 1BZ
Sold STCListed 170 days
Opportunity summary
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About
RECENTLY DECORATED AND CARPETED second floor retirement apartment benefitting from VIEWS OF COMMUNAL GARDENS from a WALK OUT BALCONY, modern kitchen with BUILT IN APPLIANCES, double bedroom with a WALK-IN WARDROBE and a contemporary shower room completes this lovely apartment.
The development offers EXCELLENT COMMUNAL FACILITIES including a dining room, landscaped gardens and a communal lounge where SOCIAL EVENTS take place.
Mandeville Court - Mandeville Court in Potters Bar, Hertfordshire, is just 18 miles north of Central London.
Being just half a mile from the main line train station should satisfy those who enjoy a day trip into the city.
Potters Bar itself benefits from an array of shops and amenities, including a swimming pool and leisure centre, a tennis club, cricket club and golf course.
Mandeville Court is one of McCarthy Stones Retirement Living PLUS range (formally Assisted Living) and is facilitated to provide it's homeowners' with extra care.
An Estates Manager is on hand to manage the day to day running of the development and attend to any queries you may have.
Within the service charge homeowners are allocated 1 hours domestic assistance per week, however, additional hours can be arranged by prior appointment.
There are a range of personal care packages to suit your requirement, speak to your Estate Manager for further details.
The development has a homeowners' lounge which is a superb venue for socialising with friends and family.
If your guests have travelled from afar, they can extend their stay by booking into the development Guest Suite (usually for a fee of £25 per night - subject to availability) which has an en-suite shower room, tea and coffee making facilities and a TV.
For added convenience there is an onsite waitress service restaurant with freshly cooked meals provided everyday.
It is a condition of purchase that residents must meet the age requirement of 70 years of age or over.
Living Room - Spacious living room benefits from a double glazed door which leads to the walk out balcony providing views over the well maintained communal gardens.
There is also ample room for a dining table. TV and telephone points. Two ceiling lights. Power sockets. Access to the open plan kitchen.
Kitchen - Offered in a like new condition, this fitted kitchen with tiled floor comprises; stainless steel sink unit with drainer; double glazed window; built-in oven with easy access side opening door; ceramic hob with chrome 'chimney style' extractor hood over; integrated fridge and freezer, free standing dishwasher.
Ceiling spot lighting. Bedroom - Bright and airy bedroom with a double glazed door providing direct access to the balcony. TV and telephone point. A range of power sockets. Emergency pull-cord.
Central ceiling light fitting. Door to the spacious walk-in wardrobe with fitted shelving and hanging rail.
Shower Room - Fully tiled purpose built wet room comprising; shower with fitted curtain; WC; vanity unit wash hand basin and fitted mirror above. Heated towel rail. Emergency pull-cord.
Service Charge - • Cleaning of communal windows • Water rates for communal areas and apartments • Electricity, heating, lighting and power to communal areas • 24 hour emergency call system • Upkeep of gardens and grounds • Repairs and maintenance to the interior and exterior communal areas • Contingency fund including internal and external redecoration of communal areas • Buildings insurance The annual service charge for this property is £10,773.83 (for financial year ending 31/03/2027.) The Service charge does not cover external costs such as your Council Tax, electricity or TV, but does include the cost of your Estates Manager, your water rates, our 24 hour emergency call system, the heating and maintenance of all communal areas, exterior property maintenance and gardening.
To find out more about the service charges please contact your Property Consultant or Estates Manager. Car Parking Scheme - Parking is by allocated space subject to availability.
The fee is usually £250.00 per annum. Permits are available on a first come, first served basis. Please check with the Estates Manager on site for availability.
Ground Rent - Leasehold 125 Years from 1st January 2014 Ground rent £435 per annum Ground rent review: 1st Jan 2029 Additional Information & Services - • Fibre Broadband available • Mains water and electricity • Electric room heating • Mains drainage
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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.
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FAQ
About Mandeville Court, Darkes Lane, Potters Bar, Hertfordshire, EN6 1BZ
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