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See how verdicts work3-bedroom flat · EN11 0JD
Listing removedListed 166 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
840 sq ft | 3 Bed | 2 Bath Garden Flat | Patio & Parking | £415,000 Leasehold Property Description: Flat 1, 15 Rye Road is a brand new, lower ground floor 3 bedroom, 2 bathroom garden flat forming part of a small, high quality development of just four apartments in a convenient Hoddesdon location.
Offering approximately 840 sq ft of well designed accommodation, the property will appeal to first time buyers, downsizers and investors alike.
Accessed via a smart communal entrance, the flat opens into a generous hallway leading through to a bright, contemporary open plan living/kitchen area a sociable space for everyday living, entertaining and working from home.
The kitchen is fitted with modern units and work surfaces, with provision for integrated or freestanding appliances (full specification available on request).
There are three bedrooms in total: two well proportioned doubles and a versatile single/box room that would work well as a child`s bedroom, dressing room, guest room or dedicated home office.
The principal bedroom benefits from an en suite shower room, while the second double and single room are served by a stylish main bathroom with bath and shower.
A particular feature of this flat is the private lower ground patio/garden, providing a sheltered, low maintenance outdoor space suitable for seating, container plants and al fresco dining.
The building has been converted to create a boutique development of only four apartments.
Each flat will have an allocated off street parking space within the newly constructed parking area, and the wider Broxbourne/Hoddesdon area offers riverside walks, green spaces, schools and leisure facilities.
Hoddesdon town centre, with its shops, cafés, supermarkets and everyday amenities, is within easy reach, while Rye House station provides services towards London and other destinations, making this a convenient base for commuters.
New, individual EPCs for each flat at 15 Rye Road have been commissioned and are expected to achieve at least a Grade B rating, potentially Grade A. These will be provided to purchasers once issued.
Tenure & Price Tenure: Leasehold (full lease details available on request) Asking Price: £415,000 subject to contract Further information about the lease term, ground rent and service charge can be supplied to interested parties and their advisers.
All measurements are approximate and any appliances, fixtures or services have not been tested by the agent; buyers should satisfy themselves as to their condition and suitability.
Notice Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items.
All measurements are approximate and photographs provided for guidance only.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 15, Rye Road, Hoddesdon EN11
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