1-bedroom flat · AL7 2JU
Sold STCListed 131 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**No Ground Rent Or Service Charge** A credit to its current owner, this well-presented one bedroom maisonette is ideally situated in the sought-after Panshanger area, within close proximity to local schooling, amenities and picturesque woodland walks.
The property offers a welcoming entrance hall leading into a bright and spacious open-plan lounge/diner, enhanced by recently skimmed ceilings and contemporary spotlights.
There is also the added benefit of useful under-stairs storage. The modern kitchen is well maintained and thoughtfully arranged, while the bathroom is fitted with a shower over the bath, basin and WC.
An airing cupboard houses a recently installed combination boiler.
The double bedroom benefits from built-in storage and direct access to the rear garden via patio doors, allowing for an abundance of natural light.
Externally, the property enjoys a private rear garden featuring a patio area, lawn, and a generous storage shed.
There is also convenient side access leading to the front of the property, where bin storage is located. Further benefits include an allocated parking space.
This property would make an ideal first-time purchase or investment opportunity. The new owner will benefit from an extended lease that is currently in progress upon completion.
Welcome To Ramblers Way This inviting ground floor maisonette offers an open plan lounge / dining area, ideal for relaxing or entertaining, practical entrance hall - ideal for shoes and coats.
The modern fitted kitchen has been well maintained and has ample storage. There is an airing cupboard which also houses the combi boiler.
The bathroom is fully tiled with a shower over the bath, basin and w/c. The double bedroom has generous built in storage and is flooded with plenty of natural light from the large patio doors.
External To the front is a well maintained small grass area, really adding to its curb appeal . There is gated side access to the garden and convenient bin storage.
The private rear garden can also be accessed from the property and boasts a patio, laid to lawn and generous shed - ideal for storage. There is the added bonus of an allocated parking space.
About Panshanger Panshanger, a grand country estate situated on the outskirts of Hertford and Welwyn Garden City, held a prestigious past as the former residence of Earl Cowper, who later ascended to the esteemed position of Lord Chancellor of Great Britain.
Over the course of seven remarkable generations, the legacy of Panshanger eventually met a new chapter when the property transitioned hands and underwent a transformative sale and demolition process around 1953.
Today, Panshanger Park finds itself under the ownership of Lafarge, preserving remnants of its storied history through the enduring structures of the orangery, nursery garden wall, and stables that still grace the landscape alongside various cottages and estate edifices, all meticulously recognized and safeguarded by the esteemed English Heritage.
The evolution of the locale continued to unfold, witnessing the establishment of residential housing in the 1970's, 1990's and up to recent years.
Buyer Information In accordance with the UK's Anti Money Laundering (AML) regulations, we must verify the identity of all potential buyers at the time an offer is accepted.
To achieve this, we utilise a third-party Identity Verification System. There is a nominal fee of £35 (per person) inclusive of VAT for this service.
Buyers must be made aware of this information prior to having their offer accepted as this will form part of the process of agreeing a sale in a timely manner.
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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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
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FAQ
About Ramblers Way, Welwyn Garden City, AL7
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