3-bedroom house · HP4 2GU
Listing removedListed 142 days
Opportunity summary
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About
A recently refurbished three bedroom chalet-style property, which has been completed to a high specification.
The property enjoys direct access to a private patio and forms part of the prestigious Castle Village retirement development (exclusively for the over 55's), centred around a magnificent Grade ll listed Mansion House and 28 acres of fabulous landscaped gardens.
GENERAL INFORMATION:- Purchasers must be 55 years of age or over to become a resident at Castle Village and acceptance is subject to an interview with the village manager.
It should be noted that the service charge includes, full onsite estate management, maintenance to the exterior of the buildings, grounds and Mansion House, buildings insurance, heating and lighting within the communal areas and external decoration and window cleaning.
In addition, there is one hours domestic cleaning per week, which includes a weekly collection of all bed linen, which is cleaned ironed and returned to the property.
For added peace of mind all properties have an emergency call and monitoring system, supported by 24 hour on site wellbeing advisors and a GP surgery onsite once a week for consultations and prescriptions.
Retirement Villages Group are the managing agents and Freeholders for Castle Village.
ASSIGNMENT FEE:- Owners of a Retirement Villages lease are required to pay an assignment fee on the re-sale of the property, which is a percentage of the sale value as defined in the lease.
The proportion of the sales price payable changes: it is 4% for a sale in the first year, 8% for a sale in the second year, 12% for a sale in the third year, 16% for a sale in the fourth year, and 20% for all sales after the fifth year.
LEASEHOLD:- With a new 999 year lease Management Fee: - £8,884.81 per annum GROUND RENT:- N/A.
COUNCIL TAX:- Band E EPC:- Rating C Castle Village is situated just off the Common, on the periphery of the town and about a mile from the town centre and mainline railway station, providing a regular service into London Euston in approximately 35 minutes.
The vibrant High Street has an eclectic mix of shops, restaurants, wine bars and public houses along with Waitrose, M&S and Tesco supermarkets.
Berkhamsted is surrounded by beautiful countryside, on the edge of the Chiltern Hills, including the National Trust administered Ashridge Estate and has the Grand Union Canal running through its centre.
There is excellent access to surrounding areas via the A41 bypass providing a fast link to the M25 and the M1. Luton and Heathrow airports are just 17 and 27 miles respectively.
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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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 Whybrow Gardens, Castle Village, Berkhamsted, Hertfordshire, HP4
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