1-bedroom property · SG13 8FQ
For saleListed 253 days
Opportunity summary
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About
OFFERED CHAIN FREE and with SUPERB VIEWS and OUTLOOK over Hertford Town Centre and castle grounds.
An immaculately presented one double bedroom third floor retirement apartment set within this highly desirable McCarthy and Stone development built in just 2018.
This modern apartment is exclusively available to the over 70's and offers well specified accommodation throughout to include under floor heating and with spacious 25' sitting room with Juliet style balcony with far reaching views, a contemporary gloss white kitchen with a range of integrated appliances, bedroom with walk in wardrobe and a modern wet room.
The development offers an extensive range of amenities to residents to include communal lounge, bistro restaurant with table service, onsite shop, attractive landscaped gardens with patio, guest suite for overnight visitors and mobility scooter charging points.
Accessed via secure entry phone system with both stairs and lift access leading to third floor and private front door into: Entrance Hall: - Recessed spot lights, emergency pull cord, entry phone handset and doors to: Walk In Cupboard: - A large walk in storage cupboard housing wall mounted gas boiler.
Lounge: - 7.70m x 3.10m (25'3 x 10'2) - Far reaching views over Hertford Castle and beyond in this spacious sitting room with UPVC double glazed door and windows, television and telephone points and door to: Kitchen: - 2.97m x 2.21m (9'9 x 7'3) - UPVC double glazed window to rear, fitted with an extensive range of contemporary style gloss white base and wall units with contrasting work surfaces over incorporating single drainer stainless steel sink unit with mixer tap, tiled flooring, extractor, under unit and plinth lighting, built in stainless steel oven with separate ceramic hob and stainless steel extractor hood, built in stainless steel microwave and integrated fridge freezer.
Bedroom: - 5.08m x 2.92m (16'8 x 9'7) - UPVC double glazed window to rear with views towards Hertford Castle and beyond, television point, large walk in wardrobe.
Wet Room: - 2.16m x 2.13m (7'1 x 7'0) - Fitted with a modern suite comprising concealed cistern WC, vanity wash hand basin with mixer tap and cupboard under, shower area with rainfall head and hand attachment, extensively tiled walls, extractor, wall mounted mirror with light and chrome heated towel rail.
Communal Facilities: - The development offers an extensive range of facilities to include: Bistro restaurant with table service, onsite shop, guest suite for overnight visitors, communal lounge with Wi-Fi, mobility scooter charging points.
Outside: - Attractive communal gardens for residents use with patio. Tenure: - Leasehold - 999 years from 2018.
(993 years remaining) Service Charge - £7247.00 Ground rent - to be confirmed The service charge includes cleaning of communal windows, water rates for communal areas and apartments, electricity, heating, lighting and power for communal areas, 24 hour emergency call system, upkeep of gardens and grounds, buildings insurance and contingency fund including internal and external redecoration of communal areas.
Council Tax: - East Herts District Council tax band C
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 Edward House, Pegs Lane, Hertford
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