1-bedroom flat · CM23 4DT
Listing removedListed 183 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic opportunity to purchase a well presented ground floor maisonette, ideally positioned within the popular Wheat Croft development in the highly regarded Thorley area of Bishop’s Stortford.
This attractive home benefits from a recently extended lease of approximately 177 years, with no ground rent or service charge, making it an excellent option for first time buyers, downsizers or investors alike.
The accommodation begins with a useful entrance porch, leading through into a bright and spacious open plan living, dining and kitchen area.
This space is well designed for modern living, with a large window to the front aspect overlooking the private front garden and allowing plenty of natural light to fill the room.
The kitchen itself is modern, well maintained and seamlessly incorporated into the living space.
The property also offers a good sized double bedroom with built in wardrobe storage, along with a fitted three piece bathroom suite.
Externally, the home benefits from its own private front garden, which is gated and laid with a combination of patio and lawn, creating a lovely spot to enjoy a morning coffee or to entertain friends and family.
Further benefits include an allocated parking space located in a nearby car park, along with additional visitor parking.
Wheat Croft is conveniently located within walking distance of the Thorley Park neighbourhood centre, offering a Sainsbury’s supermarket, a range of shops, food outlets and public houses, as well as well regarded local primary and secondary schooling.
Bishop’s Stortford town centre and mainline train station are just over a mile away, providing excellent links into London and Cambridge.
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
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FAQ
About Wheat Croft, Bishop's Stortford, Hertfordshire
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