1-bedroom flat · CM23 2UG
For saleReduced £8.9k (−6%) on 6 OctListed 790 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom retirement apartment located on the ground floor with access to communal gardens Elliott Court was constructed by McCarthy & Stone (Developments) Ltd and comprises 34 properties arranged over 3 floors each served by lift.
The Development Manager can be contacted from various points within each property in the case of an emergency.
For periods when the Development Manager is off duty there is a 24 hour emergency Appello call system. Each property comprises an entrance hall, lounge, kitchen, one or two bedrooms and bathroom.
It is a condition of purchase that residents be over the age of 60 years. Please speak to our Property Consultant if you require information regarding "Event Fees" that may apply to this property.
Accommodation Front door to Recarpeted Entrance Hall Door to airing cupboard housing insulated hot water cylinder with shelving. Security door entry system. Intruder Alarm.
Storage heater Recarpeted Living Room Access to communal gardens. Electric fire and surround. Power points. Storage heaterTelephone point. Emergency pull cord.
Kitchen With Window Tiled and fitted with sink unit, a range of wall and floor cupboards with drawers and work tops. Built-in electric oven with four ring hob and extractor hood over. Fridge/freezer.
Power points. Wall mounted heater. Ceiling light. Emergency pull cord. Bedroom Built-in wardrobe with mirrored doors, hanging space and shelving. Storage heater. Power points. Telephone point.
Ceiling light. Emergency pull cord. Shower Room Tiled and fitted with suite comprising walk in shower unit with hand grips, emergency pull cord; WC with low level flush; vanity unit.
Ceiling light and razor point over. Wall mounted heater.
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
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FAQ
About 9, Elliott Court, Bishops Stortford
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