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See how verdicts work2-bedroom flat · SG12 7LR
Sold STCListed 31 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Keith Ian are pleased to present this beautifully presented two-bedroom flat, set within the historic Octagon in Ware and offered to the market chain free The Octagon has an interesting history, having originally formed part of Ware Union Workhouse, which was built in the 1830s to serve the local area.
The building later became known as Western House before undergoing extensive conversion in the 1990s, when it was sympathetically transformed into 33 residential apartments and opened as The Octagon in 1995.
The development retains much of the character and architectural presence of its historic past, whilst providing modern and practical accommodation.
The generous open-plan reception room and kitchen provide an excellent space for both relaxing and entertaining, with large windows allowing plenty of natural light.
The modern kitchen features sleek white cabinetry, integrated appliances and warm wooden worktops. Both bedrooms are well-proportioned, with large windows, fitted storage and plush carpeting.
The contemporary bathroom is finished with white tiling, a bath with integrated shower and heated towel rail. A useful reading nook with built-in shelving provides an additional versatile space.
Externally, the property benefits from landscaped communal grounds with mature trees and a well-maintained covered parking space.
The combination of historic surroundings, modern accommodation and a peaceful setting makes this an attractive home for professionals, couples or those looking for a well-presented and low-maintenance property.
Ware is a historic market town situated along the River Lea in East Hertfordshire, offering a blend of traditional character and modern amenities.
The town has a rich history dating back thousands of years, with its position on the River Lea playing an important role in its development and trade.
Ware was also historically renowned for its malting industry and retains a wealth of historic buildings, riverside walks and traditional streets.
Today, Ware provides a good range of shops, cafés, restaurants and everyday amenities, alongside the River Lea and surrounding open countryside.
Ware railway station provides regular services towards Hertford and London, making the town particularly convenient for commuters, while nearby Hertford, Harlow and the A10 provide further transport and amenities.
EPC Rating: C Lounge/Diner (4.87m x 2.87m) Kitchen (3.76m x 2.08m) Bedroom One (3.84m x 2.77m) Bedroom Two (3.84m x 1.91m) Agents Notes These particulars are believed to be correct but their accuracy is not guaranteed and they do not form part of any contract.
Whilst every effort is made to ensure the accuracy of these details, it should be noted that the above measurements are approximate only.
Any internal photographs are intended as a guide only and it should not be assumed that any of the furniture/fittings are included in any sale.
Where shown, details of lease, ground rent and service charge are provided by the vendor and their accuracy cannot be guaranteed, as the information may not have been verified and further checks should be made either through your solicitor.
Where appliances, including central heating, are mentioned, it cannot be assumed that they are in working order, as they have not been tested.
Please also note that wiring, plumbing and drains have not been checked.
Anti-Money Laundering (Aml) Notice In accordance with the Money Laundering Regulations 2017, all prospective purchasers must complete identity and verification checks before an offer can be progressed.
A £10 non-refundable aml verification fee per buyer is payable before checks are undertaken. Parking - Car Port
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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FAQ
About Flat 25, The Octagon Collett Road, Ware
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