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See how verdicts work1-bedroom flat · SG13 8FQ
For saleReduced £20k (−9.5%) on 25 SepListed 238 days
Opportunity summary
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About
A beautiful one bedroomed retirement apartment. Located on the third floor, this spacious apartment boasts a juliet balcony in the lounge, with a walk-in wardrobe within the bedroom.
**Entitlements Advice and Part Exchange available - speak to your Property Consultant for more information** Edward House Edward House features purpose built apartments, exclusively for those over 70.
The apartments feature a modern bedroom, kitchen and living room, as well as fire detection equipment, an intruder alarm and a camera entry system that can be used with a standard TV.
The complex also has an on-site car park, landscaped gardens, bistro restaurant, guest suite for overnight visitors and a communal lounge with Wi-Fi and patio area.
There is also a lift access to all floors and a mobility scooter charging room.
Retirement Living plus - Luxurious and low maintenance private apartments in great locations, exclusive to the over the 70’s.
Benefit from an onsite restaurant or bistro, plus the option of bespoke domestic and personal care packages Hertford is considered one of the best places to live in the UK and the McCarthy Stone Retirement Living plus development boasts an enviable position right in front of the Hertford Castle.
You'll also be within walking distance to everything Hertford has to offer, including a variety of shops, restaurants and pubs in the town centre, just moments away.
Development Highlights ~ Local amenities are close to the development ~ Bright and airy Wellness Suite coming soon ~ Spacious communal lounge ~ Fantastic bistro style restaurant serving hot food and snacks ~ Beautiful sunny landscaped gardens with communal patio ~ Friendly qualified team on site 24/7,365 days a year Entrance Hall Front door with spy hole leads to the large entrance hall - the 24-hour Tunstall emergency response pull cord system is situated in the hall.
From the hallway there is a door to a storage/airing cupboard with shelving. Illuminated light switches, smoke detector, apartment security door entry system with intercom are located in the hall.
Doors lead to the lounge, bedroom and wet room. Lounge Beautifully bright and spacious room with a Juliet balcony which allows lots of natural light in. The room provides ample space for dining.
Two ceiling light points. Focal point fireplace. TV point with Sky+ connectivity telephone point. A range of raised power sockets. Glazed wooden door opening to separate kitchen.
Kitchen The kitchen is offered in a like new condition. There are a range of base and wall units finished in a modern white high gloss. The wall units have under unit spot lighting.
Roll edge work surfaces with matching splash back. The stainless steel sink unit with drainer, is positioned in front of the double glazed window.
Built in waist height electric oven with microwave above and four ring hob with extractor hood. Integrated fridge and freezer. Central ceiling light point. Tiled floor.
Bedroom A generously sized double bedroom with a walk in wardrobe with shelving and hanging rails. This room has a full length window. Ceiling light points. TV and telephone point.
A range of raised power sockets. Emergency pull-cord. Wet Room A modern purpose built wet room with walk in shower fitted with grab rails. Wall hung WC with concealed cistern. Wash hand basin.
A fitted mirror is positioned above the wash basin. Emergency pull-cord.
Service Charge (Breakdown) •Cleaning of communal windows •Water rates for communal areas and apartments •Electricity, heating, lighting and power to communal areas •24-hour emergency call system •Upkeep of gardens and grounds •Repairs and maintenance to the interior and exterior communal areas •Contingency fund including internal and external redecoration of communal areas •Buildings insurance The annual service charge is £10,436.84 for the financial year ending 30/06/2026.
The service charge does not cover external costs such as your Council Tax, electricity or TV. To find out more about the service charges please contact your Property Consultant or House Manager.
**Entitlements Service** Check out benefits you may be entitled to!
Lease Information Lease: 999 years from 1st Jan 2018 Ground rent: £435 Ground rent review: 1st Jan 2033 Additional Service **Entitlements Service** Check out benefits you may be entitled too, to support you with service charges and living costs.
** Part Exchange ** We offer Part-Exchange service to help you move without the hassle of having to sell your own home.
** Removal Service** Get a quote from our Partner Removal Service who can declutter and move you in to your new home.
** Solicitors** Get a quote from our panel solicitors who have dealt with a number of sales and purchases and therefore familiar with the McCarthy Stone set up.
For more information check our webpage additional services or speak with our property consultant • Ultrafast Full Fibre Broadband available • Mains water and electricity • Electric room heating • Mains drainage
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.
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About 42 Edward House, Pegs Lane, Hertford
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