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See how verdicts work2-bedroom flat · CM23 3GN
For saleListed 53 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ideal for first-time buyers or investors, this well presented first-floor apartment offers two double bedrooms, two bathrooms and two balconies with uninterrupted views across the River Stort.
Set within the sought-after Riverside development, the property is just two minutes’ walk from the train station and conveniently located for the town centre and local amenities.
Accommodation includes an entrance hall, a spacious open-plan living/dining/kitchen area, two double bedrooms, and two bathrooms, including an en-suite to the principal bedroom.
The fully fitted kitchen includes an oven, hob, fridge/freezer, dishwasher and washer/dryer.
Further benefits include gas central heating, UPVC double glazing throughout, attractive communal gardens and one secure allocated parking space.
**no onward chain** Situation Riverside Wharf is ideally located in the popular market town of Bishop’s Stortford, offering an excellent range of shopping, dining, leisure and recreational facilities, along with highly regarded schooling for all ages.
The mainline railway station is just a two minute walk away, providing direct connections to London Liverpool Street, Cambridge and Stansted Airport.
The M11 junction is also close by, offering convenient access to London, the M25 and routes north.
Communal Entrance Lift and stairs to all floors Enrance Hall Oak laminate floor, laundry cupboard housing hot water tank and plumbing for washing machine, doors off to: Lounge/Diner/Kitchen (7.00 x 3.70 (22'11" x 12'1")) Oak laminate flooring, radiator, TV & telephone points, window to side aspect, sliding patio doors to one of the balconies overlooking the river.
The kitchen area comprises range of eye and base level cupboards and drawers with complimentary granite effect rolled worksurface and tiled splashback, 1 1/2 bowl stainless steel sink unit with mixer tap, four ring electric hob with oven under and extractor fan above, integrated fridge/freezer and dishwasher.
Balcony 1 (2.13m x 1.52m (6'11" x 4'11")) Wrought iron railings surround, decked flooring, overlooking the river.
Bedroom 1 (4.30 x 3.70 (14'1" x 12'1")) Window to the rear aspect, sliding patio doors to the larger of the two balconies, fitted wardrobe, radiator, TV & telephone points, sliding patio doors to: Balcony 2 (3.61m x 2.79m (11'10 x 9'2)) Wrought iron railings surround, decked flooring, overlooking the river.
Ensuite Shower Room Walk-in shower with tiled surround, pedestal wash hand basin with tiled splash back, low flush WC, chrome heated towel rail, tiled floor, extractor fan, inset spots.
Bedroom 2 Window to rear aspect, built-in wardrobe, radiator.
Bathroom Panel enclosed bath with mixer tap and further integrated shower over, tiled surround with glazed shower screen, pedestal wash hand basin with mixer tap and tiled splashback, low flush WC, extractor fan, chrome heated towel rail, electric shaving point, tiled flooring.
Outside Communal Gardens Attractive gardens running the length of the building by the River Stort. Parking One allocated parking space. Lease Details Lease: 134 years remaining Ground Rent: £325 p.a.
Service charge: £3,074 p.a Local Authority East Herts District Council Tax Band: C
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 12 Riverside Wharf, Riverside, Bishop's Stortford
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