1-bedroom flat · SG12 9FP
Under offerListed 135 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This bright and well-presented one bedroom apartment is now available in East Herts, Hertfordshire through Shared Ownership.
The property on the third floor comprises an entrance hall, an open-plan kitchen, lounge and dining room leading to the south facing balcony, one bedroom and a bathroom.
Perfect for singles or couples. Outside, the property also benefits from an allocated off-street parking space and shared garden area.
Available for £60,000 for 25% share based on the marketing figure of £240,000.
Monthly rent - £539.54 Monthly Service Charge - £130.66 Total Monthly Charge - £670.20 plus mortgage required for 25% share.
On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge.
Where charges are not billed monthly, purchasers will be informed before proceeding.
An annual rent increase takes place every April Location The property is located in a residential area close to Ware town centre which is 2.5 miles east of Hertford.
The area benefits from a range of local amenities, including supermarkets, gyms, and healthcare facilities, all within 3 miles.
Ware Railway Station offers direct trains to London Liverpool Street in approximately 45-50 minutes, while the A10, A414 and M25 providing easy road links to London and beyond.
Hertford and Harlow town centres are only a 10-17 minute drive away providing additional shopping and dining options.
There are are several green spaces nearby to enjoy outdoor activities including Ware Priory Gardens and Christ Church Playing Fields. In addition, there are several schools within a 10 minute drive.
Perfect for families with small children.
EPC rating Energy rating band - B Environmental impact band - B Other information How we allocate Shared Ownership homes We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria.
Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority.
All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.
If the home is managed by SO Resi and MTVH You can read the Shared Ownership allocation policy on the MTVH website. SO Resi is the Shared Ownership brand of MTVH, a housing association.
If the home is managed by another provider Visit their website to find their allocation policy. Contact us if you have any questions.
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home.
We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
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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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 Navigation Drive, East Herts, Hertfordshire, SG12
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