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See how verdicts work2-bedroom flat · CM23 3BS
For saleReduced £2.5k (−1.9%) on 12 JulListed 253 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**50% share** A spacious and well presented two double bedroom apartment situated in the heart of the busy market town of Bishop's Stortford only a few minutes walk from the railway station and shops.
The accommodation comprises entrance hall with storage cupboard and laundry cupboard, open plan kitchen/lounge/diner, 2 double bedrooms (dressing area in the master) and a family bathroom.
Outside there are attractive communal gardens running alongside the River Stort, secure underground parking space and also visitors parking.
Additional features include UPVC double glazing throughout and gas central heating.
Situation The busy market town of Bishop's Stortford offers an excellent range of amenities including multiple shopping facilities, excellent schooling for all ages and many sports and social facilities.
The mainline railway station provides connections to London Liverpool Street, Stansted Airport and Cambridge.
The M11 intersection just outside of town offers connections to London and the M25 orbital motorway. Ground Floor Communal Entrance Secure door with entry phone, lift and stairs rising to all floors.
Third Floor Entrance Hall 2 x large storage cupboards, secure entry phone, laminate flooring, inset spot lights, door to Open Plan Lounge/Diner/Kitchen (7.00 x 3.52 (22'11" x 11'6" )) Lounge/Diner: 3.50m x 4.50m (11'5" x 14'9") UPVC double glazed French doors leading to a Juliet balcony, T.V.
Point, telephone point, radiator, opening to: Kitchen: 3.50m x 3.00m (11'5" x 9'10") Fitted with a modern range of base and eye level units with complementary working top surfaces over, inset stainless steel sink with mixer tap, tiled splash backs surround, built-in oven, inset electric hob with chimney style extractor fan over, space for fridge/freezer, space and plumbing for washing machine, cupboard housing gas boiler, tiled flooring, UPVC double glazed window to the side aspect.
Bedroom 1 (4.36m x 3.36m (14'3" x 11'0" )) UPVC double glazed window to the front aspect, T.V.
Point, radiator, opening to: Dressing Area (2.50m x 1.70m (8'2" x 5'6" )) Space for fitted wardrobes, radiator Bedroom 2 (3.25m x 2.60m (10'7" x 8'6" )) Bathroom Low flush WC, pedestal wash hand basin with tiled splash backs and shelf over, panel enclosed bath with shower attachment and fully tiled walls, wall mounted corner cupboard with mirrored door, tiled flooring, shaver point, extractor fan, chrome heated towel rail.
Outside Parking Allocated secure underground parking space and further visitors parking available. Communal Gardens Various communal gardens with seating overlooking the River Stort.
Lease Details Rent: £310.27 pcm Service charge: £233.64 pcm Lease: 109 years remaining Local Authority East Herts District Council Tax Band: C £2,079.67 Shared Ownership Shared ownership is a great way on to the property ladder.
You buy an initial share of a home ranging from 25% to 75% of its value – and have the option to own your home outright in the future.
Buying through shared ownership means you need a smaller mortgage and, therefore, a smaller deposit than if you were buying on the open market.
In addition to your mortgage, you pay a subsidised rent on the share of your home you don’t own. This rent is usually capped at 2.75% of the property value.
And, whenever you want, you can buy bigger shares in your home until you own 100% – this is known as staircasing.
**Potential purchasers must earn less than £80,000 per year (£90,000 in London) you must be 18 or older. And cannot be a homeowner.** Agent's Note 1.
Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property. 3.
Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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FAQ
About 17 Eider Court, John Dyde Close, Bishop's Stortford
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