2-bedroom flat · CM23 2QJ
For saleListed 35 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-proportioned two-bedroom apartment in the popular Springfield Court development, just off Hadham Road and within easy reach of Bishop’s Stortford town centre.
Offering approximately 600 sq ft of accommodation, a private balcony and a particularly well-positioned garage, the property represents an excellent opportunity for a buyer looking to modernise and create a home to their own taste.
The apartment occupies a lovely position within the development, looking out across the established communal grounds to the front.
While the property would now benefit from updating and modernisation, the rooms are a good size and the existing layout provides a great starting point.
The living room is particularly generous, measuring approximately 15'3" x 12'11", with plenty of space for both sitting and dining furniture.
A door opens directly onto the private balcony, providing an attractive outlook across the greenery and a useful outside space.
There are two well-proportioned bedrooms, with the principal bedroom also enjoying direct access towards the balcony and both bedrooms benefiting from useful built-in storage.
The accommodation is completed by a separate kitchen and bathroom, while the central hallway provides further storage.
Externally, residents enjoy the established communal grounds and parking around the development.
The apartment also comes with its own garage, which is particularly conveniently positioned within Springfield Court and, in our opinion, one of the better garage locations on the development.
The property is offered with approximately 126 years remaining on the lease, with a current service charge of approximately £1,400 per annum and peppercorn ground rent.
Springfield Court is extremely well placed just off the popular Hadham Road, with Bishop’s Stortford town centre, local shops and amenities all within easy reach.
The mainline railway station is around a mile away, providing direct services towards London Liverpool Street, Cambridge and Stansted Airport.
A great opportunity for someone looking for a spacious two-bedroom apartment in a well-established development, with a balcony, garage and plenty of scope to put their own stamp on the property.
Parking - Allocated parking Parking - Garage en bloc Disclaimer Important Information: These particulars are intended as a general guide and do not form part of any contract.
While every effort has been made to ensure the information provided is accurate, prospective buyers or tenants should satisfy themselves as to the accuracy of any measurements, descriptions and other information provided before making any commitment.
AML Checks: In accordance with anti-money laundering regulations, all successful purchasers will be required to complete identity and anti-money laundering checks once an offer has been accepted.
A fee of £50 will be payable for these checks.
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
Agent & docs

FAQ
About Hadham Road, Springfield Court Hadham Road, CM23
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