1-bedroom bungalow · CM23 5JQ
Listing removedListed 210 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Chain free Park Lane Property Agents is a family run business, offering a friendly & professional service.
We are delighted to present a wonderful one-bedroom bungalow, hidden away & new to the market. This spacious bungalow has a large living room, fitted kitchen, double bedroom & bathroom.
Outside space and allocated parking. Front Path leads through the Nightingales red brick building with path winding around to the front entrance door. There is a green area just to the front.
Entrance Hall 14' 7" x 4' 1" (4.49m x 1.30m) An inviting entrance hall with doors off to all rooms. Window to the front aspect, large walk-in storage cupboard & carpeted flooring flowing through.
Living Room 12' 6" x 8' 7" (3.80m x 2.62m) A rather large living room, well presented with two windows to the front making the living room very naturally bright. Carpeted flooring flowing through.
Fitted Kitchen 11' 8" x 8' 4" (3.56m x 2.54m) The kitchen has a good range of wall and base level units with complimentary work tops over. Inset hob and oven under with extractor over.
Integral fridge/ freezer and space for the washer dryer. Inset sink and drainer. Part tiled walls and tiled flooring.
Master Bedroom 12' 6" x 8' 7" (3.80m x 2.62m) A spacious and well-presented large double bedroom with window to the front aspect & carpeted flooring.
Bathroom Modern fitted bathroom suite that includes a panel enclosed bath with mixer taps and wall mounted shower over & fitted glass shower screen, low level WC, vanity wash hand basin with mixer taps.
Part tiled walls and complimentary tiled flooring. Rear Step out to the courtyard garden, space to sit and relax Parking Private parking space and visitor spaces.
Long lease 130 years remaining Maintenance charge £563 x 2 (every six months) Ground rent £200 pa
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
Agent & docs
FAQ
About 19, Nightingales, Bishops Stortford
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