3-bedroom flat · EN11 0JD
Listing removedListed 161 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Description: Flat 2, 15 Rye Road is a brand new, raised ground floor 3 bedroom, 3 bathroom apartment with a private patio/garden and allocated parking, forming part of a small, high quality development in a convenient Hoddesdon location.
A welcoming entrance hall leads through to a generous open plan living/dining space with modern fitted kitchen, creating a sociable area for everyday living and entertaining.
The kitchen is styled for contemporary living with fitted cabinetry, worktops and integrated cooking appliances (oven, hob, extractor).
Purchasers should note that freestanding appliances such as fridge/freezer and washing machine are not included in the sale; some units may include an integrated dishwasher, but this is not guaranteed and should be checked for Flat 2 at viewing stage.
The layout offers three bedrooms, each with convenient access to bathroom facilities.
In total, the apartment provides three contemporary bathrooms/shower rooms, giving an excellent level of comfort and privacy particularly suited to families, a professional couple needing extra space, or compatible sharers.
To the rear, the flat enjoys a private, mainly paved patio/garden, providing a practical, low maintenance outdoor area for seating, dining and container planting.
Each apartment at 15 Rye Road will benefit from an allocated off street parking space within the newly created parking area, which is being completed as part of the overall development.
In the meantime, there is generally good on street parking available on Rye Road and neighbouring streets.
The development is well placed for Hoddesdon town centre, with its range of shops, cafés, supermarkets and local services, while Rye House mainline station offers fast, frequent services into London Liverpool Street.
The wider area provides riverside walks, parks, schools and leisure facilities. The EPC currently advertised for 15 Rye Road relates to the building in its former use as a single dwelling.
New EPCs have been commissioned for each individual flat and are expected to achieve at least a Grade B rating, potentially Grade A; these will be provided to interested purchasers once issued.
Tenure & Price Tenure: Leasehold (full lease details available on request) Asking Price: £400,000, subject to contract Further information regarding lease term, ground rent and service charge can be supplied to interested parties and their advisers.
All measurements are approximate; fixtures, fittings and services have not been tested by the agent and purchasers should satisfy themselves as to their condition and suitability.
Notice Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items.
All measurements are approximate and photographs provided for guidance only.
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
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FAQ
About 15, Rye Road, Hoddesdon EN11
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