1-bedroom house · CM21 0AB
For saleListed 1195 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are pleased to be able to offer this one bedroom ground floor retirement apartment, situated in the highly regarded development of Orchard Lea.
The apartment benefits from having direct access onto extremely well kept communal grounds via patio doors as well as the benefit of private resident’s parking to the front.
Orchard Lea Retirement Village is just one mile from the picturesque village of Sawbridgeworth which offers shops, restaurants and leisure facilities.
Orchard Lea is a scenic area of over 20 acres which also includes the Rivers hospital, specialist nursing centre and The Lodge community centre where residents can meet and take in all kinds of activities, if desired.
Payments of a monthly service charge take away the worries of heating, lighting costs in your home plus external maintenance including window cleaning, gardening, building insurance, water rates, telephone rental and one meal per day is provided for each resident in the restaurant, if required.
An emergency call facility operates 24 hours a day and there is a daily good neighbour check made. Further assistance can be arranged, if required. Internal viewing is highly recommended.
Front Door Main front door leading to: Communal Lounge Area Communal lounge and lobby areas with seating, lighting and fitted carpets, leading to solid wooden entrance door taking you to the front door of the flat with a key safe.
Spacious Carpeted Entrance Hall With a large airing cupboard with immersion cylinder, shelving, meter boxes and consumer unit, leading through into: Bright & Spacious Sitting Room 15' 0" x 11' 2" (4.57m x 3.40m) with sliding double glazed doors onto patio and communal gardens, full height double glazed window to side, fitted carpet, t.v.
Aerial point, door leading through into: Kitchen 11' 6" x 8' 0" (3.51m x 2.44m) comprising a single bowl, single drainer sink with hot and cold taps, matching base and eye level units with a rolled edge worktop over, four ring electric hob with extractor hood, built-in oven and grill, recess and plumbing for washer/dryer, position for fridge/freezer, window to side, wooden effect vinyl flooring.
Bedroom 10' 4" x 9' 10" (3.15m x 3.00m) with a double glazed window to side, fitted carpet, built-in wardrobes.
Shower Room Comprising a tiled shower cubicle with a thermostatically controlled shower, pedestal wash hand basin, flush w.c., tiled flooring and walls, extractor fan, heated towel rail.
Lease 125 years from 1992. Service Charge For a one bedroom unit, single occupancy is £267.54 per week and double occupancy is £374.50 per week.
This fee covers a daily three course luncheon, all heating and lighting, water rates, telephone rental, 24-hour aid call, buildings insurance, external maintenance, external window cleaning and gardening.
There is also a wide range of additional services available as and when you require including housekeeping, hairdressing and handyman services, prices of which depend on requirements.
Outside There are large sunny communal gardens with pathways through to seating areas. They are beautifully landscaped, easterly facing and are kept in good condition weekly by a gardener.
Local Authority East Herts District Council Band ‘D’
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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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 7, Orchard Lea, High Wych Road, Sawbridgeworth
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