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See how verdicts work2-bedroom flat · CM23 2UW
Sold STCListed 227 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Park Lane Property Agents are delighted to offer a ground floor spacious two-bedroom luxury apartment presented superbly, ready to move straight in.
This bright spacious home with quality fittings, Modern kitchen, Open plan living, two double bedrooms & luxury bathroom with two parking spaces ideally situated with short walk to the main line rail with links to London & Cambridge.
Front The apartment is ideally located near Bishops Stortford's town centre, short stroll to the main line rail and to the town centre. This apartment is only one of a few with two parking spaces.
Communal door opens to the hallway with lift or stairs rising to this luxury apartment.
Entrance Hallway A light hallway, presented immaculately, there are two large storage cupboards with one being a coat and shoe cupboard & storage cupboard with doors off to all rooms with beautiful wood veneer flooring flowing through.
Living Room 14' 5" x 13' 0" (4.41m x 3.99m) Step through to the stunning living room with French doors opening to the Juliet balcony with street views.
This light and bright room is immaculately presented with space for furniture with beautiful wood veneer flooring flowing through.
Open plan 23' 1" x 13' 0" (7.05m x 3.99m) Kitchen Open plan, yet separate 12' 10" x 10' 1" (3.91m x 3.24m) The kitchen is fitted with a wonderful modern range of eye and base level units with an array of storage options fitted with complimentary work surfaces over, Insert stainless steel sink with drainer and mixer taps.
Inset hob with extractor hood over and built-in oven under. The kitchen is fitted with integrated appliances, Fridge Freezer, Dishwasher and washing machine dryer.
Window to the rear aspect and tiled flooring flowing through.
Plenty of space for table & chairs & Open plan to the living room Master Bedroom 11' 4" x 10' 6" (3.47m x 3.19m) An excellent sized double bedroom with plenty of space for bedroom furniture.
There is a built in wardrobe & carpeted flooring flowing through. The window is to the side aspect.
Bedroom Two 9' 8" x 9'" (3.02m x 2.99m) A good sized double bedroom with plenty of space for bedroom furniture, window to the side aspect and carpeted flooring flowing through.
Luxury Bathroom A large bathroom presented superbly and comprises of: Panel enclosed bath with mixer taps and wall mounted shower over with fitted glass shower screen.
Pedestal style wash hand basin with mixer taps & Low level wc. Part tiled walls and complimentary tiled flooring.
Outside Communal Gardens There are well maintained gardens surrounding the property which are constantly looked after and well maintained.
Parking This property has parking and the luxury of a carport. Plenty of visitor parking Agents note: This wonderful apartment is one of the few that have two allocated parking spaces and a carport.
Immaculately presented and ready to move straight in. Ideally situated and within walking distance to the main line rail with links to London Liverpool Street and Cambridge.
Short walk into Bishops Stortford thriving Town with many shops and an array restaurants. Viewing now available. .
Monthly payments Rent £779.36 including service charges and the below Service charge Building insurance Management fee Reserve fund Please note that the main eligibility criteria for your purchaser(s) are: - * They cannot own nor have an interest in any property in the UK or abroad, however we will consider each case on its own merits.
* Their household income cannot exceed £80,000 per annum (difference income levels apply for shared ownership properties being purchased in areas of London) There are no staircasing restrictions, so a buyer can purchase 100%.
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 Newland Avenue, Bishop's Stortford, Hertfordshire, CM23
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