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Hertfordshire Village, Hertfordshire AL1 - Image 1

Hertfordshire Village, Hertfordshire AL1

East of England

£799,000

Listed on 26/04/2023

Property details

Bedrooms
N/A
Type
Pub

Features

  • Garden
  • Parking

Description

This characterful pub features a well-appointed three-bedroom accommodation alongside two self-contained Airbnb apartments, all situated on a generous 0.89-acre site. The property is enhanced by ample parking space for over 20 vehicles and private gardens, nestled in a scenic semi-rural village within Hertfordshire. Recognized as a public house for more than a century and designated as Grade II*, the premises have been lovingly maintained by the same owners since 2014, who have invested significantly in upgrades and expansions. These improvements include the construction of two modern Airbnb apartments in 2020, each capable of generating up to £120 per night plus cleaning fees. This presents an immediate income opportunity with potential for further revenue growth through additional vacation rentals or enhancements to existing accommodations. The property's location offers distinct advantages, being centrally positioned in a charming village that attracts both locals and visitors alike. There is considerable scope for development beyond its current use; possibilities such as establishing additional Airbnb units, transforming the venue into a unique dining destination or pub, or even converting it into a wedding venue may be explored with the appropriate planning permissions. This property represents an enticing investment opportunity for those looking to capitalize on its existing framework while exploring new concepts and developments. Early viewing is recommended for serious inquiries only.

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Location

Hertfordshire Village, Hertfordshire AL1
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£3,019
Based on a loan of £599,250 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp duty calculator

This calculation uses non-residential (land/commercial) tax rates.

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