2-bedroom flat · CM23 2NE
Sold STCListed 53 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A TWO BEDROOM RETIREMENT APARTMENT SITUATED ON THE FIRST FLOOR St Catherines Court was constructed by Sovereign Homes and comprises 41 properties arranged over 4 floors each served by lift.
Conveniently situated to the Town Centre, local Parks and Grange Paddock Leisure Centre. The Development Manager can be contacted from various points within each property in the case of an emergency.
For periods when the Development Manager is off duty there is a 24 hour emergency Appello call system. Each property comprises an entrance hall, lounge, kitchen, one or two bedrooms and bathroom.
It is a condition of purchase that residents be over the age of 60 years. Please speak to our Property Consultant if you require information regarding "Event Fees" that may apply to this property.
ACCOMMODATION Front door to ENTRANCE HALL Door to airing cupboard housing insulated hot water cylinder with shelving. Additional storage cupboard. Security door entry system.
Power points. Ceiling light. LIVING ROOM Electric fire and surround. Storage heater. Power points. TV aerial point. Telephone point. Emergency pull cord. Ceiling light.
KITCHEN Part tiled and fitted with stainless steel sink unit. Range of wall and floor cupboards with drawers and work tops. Built-in electric oven with four ring hob and extractor hood over.
Fridge. Power points. Spot lights. BEDROOM ONE Built-in double wardrobe with hanging rails and shelves. Storage heater. Power points. Telephone point. Emergency pull cord. Ceiling light.
SHOWER ROOM Tiled and fitted with suite comprising Shower unit with grab rails. E mergency pull cord. WC with low level flush. Pedestal wash basin with mirror over. Ceiling light.
Wall mounted heater. BEDROOM TWO Storage heater. Power points. Telephone point. Emergency pull cord. Ceiling light.
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 St Catherines Court, Bishops Stortford
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