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See how verdicts work1-bedroom flat · AL7 2PQ
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**share of freehold and long lease** ground floor studio apartment which is located in a quiet location of Pansganger in a cul-de-sac.
Lovely starter home or investment property with plenty of potential to maximise the space in the apartment.
The location is incredibly convenient, with the Panshanger shops just around the corner, providing all the necessary amenities. Picturesque parkland walks are also nearby.
For commuters, the A414 and A1M are easily accessible, while the town center and mainline station are just a short drive away, ensuring convenient transit options. Energy rating C.
An investor could achieve in the region of £850 pcm. The property will be sold on a chain free basis. Communal Hallway Security intercom access. Security lights and tiled floors. Well maintained area.
Open Plan Living Area Plenty of space for a bed and furniture for a living area. Lovely bay window. Kitchen Kitchen has space for a fridge/ freezer, cooker.
A flexible room with plenty of space for reconfiguration. Shower Room A three piece suite. Airing cupboard which has space to put a washing machine.
Parking Arrangements Plenty of off street residents parking bays which are unrestricted. External Facilities Bin Store Bike Store Communal wash line.
Lease Details A buyer will benefit from a 999 Years from 1983 and a share of Freehold Of Andrewsfield ltd Service Charge: £844 for the annum. Zero Ground Rent.
About Panshanger Panshanger was a large country house located between the outer edge of Hertford and Welwyn Garden City.
It was originally owned by Earl Cowper who later became Lord Chancellor of Great Britain.
After seven generations, with no heir, the estate was sold and demolished c.1953 Panshanger Park is presently owned by Lafarge.
Although Panshanger House was demolished, the orangery, nursery garden wall and stables remain along with a number of other cottages and estate buildings, all of which are listed by English Heritage.
Residential housing was established in the area in the seventies. Moneyhole park playing fields and Panshanger woodlands are within walking distance.
Local amenities include a small parade of shops including a Doctors surgery, Chemist, Post office, Hair salon, Beauticians. There is also a Morrison’s supermarket and petrol station.
Buses into town are every half an hour, Monday to Saturday.
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 33, Andrewsfield, Welwyn Garden City
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