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See how verdicts work2-bedroom flat · AL3 7NR
Listing removedListed 464 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This excellent ground floor apartment looks out onto lovely communal gardens and is ideally positioned a short stroll from village amenities and Redbourn Common.
The accommodation is spacious and includes a large living room with part glazed door leading out to a pretty communal garden.
A fully fitted kitchen sits just off the living room with built-in oven and hob and space for washing machine, dishwasher and fridge/freezer.
There are two good size bedrooms and a modern re-fitted shower room. An allocated parking space belongs to the property with a rental charge of ÔøΩ44.88 twice yearly.
The lease was renewed on both the flat and the parking space in 2010.
Service Charge: £963 pa Ground Rent: £75 pa Located just off the High Street in Redbourn, within easy reach of local amenities and the village Common.
Redbourn offers excellent amenities including a Co-op, chemist, post office facilities and a variety of shops, restaurants, pubs and doctors surgery and dentist all within a short walk.
The nearby towns of Harpenden and St Albans are a short drive away and offer wider amenities and efficient rail links into London St Pancras (approximately 30 minutes).
The M1 and M25 motorways and Luton Airport are also close by.
Buyers Information: In compliance with the UK's Anti Money Laundering (aml) regulations, we are required to confirm the identity of all prospective buyers at the point of an offer being accepted and use a third party, Identity Verification System to do so.
There is a nominal charge of £48 (per person) including VAT for this service. For more information, please refer to the terms and conditions section of our website.
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
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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
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FAQ
About 25, The Priory, Redbourn
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