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See how verdicts workDetached house · CM23 2QQ
For saleListed 339 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The property is offered for sale just for community use - having been used as an occasional Masonic meeting hall since 1934.
Description This building was originally believed to be the chapel to Bishop’s Stortford Grammar School which used to be adjacent to the property.
Since 1934 the building has been used occasionally as a Masonic meeting hall. The Hall is set back from the road and has access rights over the driveway for Springfield Court which is next door.
The building is set behind a set of gates, behind which there is a parking area. The entrance is at the side, leading into a lobby area which has toilet facilities.
There are two separate rooms on the ground floor. Agents note: This property is being sold with the current community useage only and subject to planning offers will not be considered.
Location The property is situated on the Hadham Road in a very concentrated residential area in the north west sector of Bishops Stortford.
It has a right of access though the adjoining development of flats known as Springfield Court. Square Footage: 1,535 sq ft Directions SAT NAV POSTCODE CM23 2QQ.
The property is to the left hand side of Springfield Court
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
FAQ
About Hadham Road, Bishop's Stortford, Hertfordshire, CM23
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