1-bedroom house · CM23 2FP
For saleListed 90 days
Opportunity summary
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About
This immaculate one-bedroom retirement home is offered **for sale** in Bishop’s Stortford, providing purpose-built accommodation for residents aged over 60.
Situated in a sought-after position close to Stansted Road, the property forms part of a McCarthy & Stone development with a strong focus on comfort, accessibility and community.
Located on the first floor with lift access to all levels, the apartment is wheelchair accessible and benefits from underfloor heating throughout.
The layout includes an open-plan reception room with space for a table and chairs, ideal for everyday dining and relaxation.
Doors open onto a Juliette balcony, bringing in natural light and providing a pleasant outlook. A feature fireplace creates a central focal point in the living area.
The kitchen is arranged off the main living space and is fitted with integrated appliances and built-in pantries, offering practical storage and functionality.
Good natural light enhances the usability of this area. The double bedroom includes a walk-in closet, providing generous wardrobe and storage space.
The shower room features a rain shower and a heated towel rail. The development itself is designed specifically for the over 60s and was built by McCarthy & Stone.
A dedicated House Manager is on site during working hours to oversee the building and support residents.
Security and peace of mind are enhanced by a camera door entry system and a 24-hour emergency call system.
Residents can also enjoy the Homeowners’ lounge, which offers a communal space for socialising with neighbours, friends and family.
For visiting guests, there is a Guest Suite available (typically bookable for a nightly fee, subject to availability). Parking is available for residents.
Bishop’s Stortford offers a wide range of local amenities including supermarkets, independent shops, cafés and restaurants centred around the town centre and high street.
Attractive green spaces such as Castle Gardens and the riverside paths along the River Stort provide level walking routes, while local parks offer additional outdoor areas for recreation.
Public transport links are a key asset of this location.
Bishop’s Stortford railway station provides regular services to London Liverpool Street, with typical journey times of around 40–45 minutes, and to Cambridge in approximately 40 minutes, making it convenient for visiting family and friends.
Bus routes from the surrounding area offer connections to local shopping facilities and nearby neighbourhoods.
Road links are strong, with access towards the M11 and A120 for travel by car across Hertfordshire and to Stansted Airport.
This one-bedroom retirement apartment **for sale** presents an accessible, low-maintenance home with communal facilities and good access to Bishop’s Stortford’s amenities and transport connections.
Lease Information - Lease: 125 years from 1st June 2012 Ground rent: £495 per annum Ground rent review: 1st June 2027 Annual Service charge: £2,406.48 (for financial year ending 31/03/2027.
It is a condition of purchase that residents must meet the age requirement of 60 years or over.
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 Waggoners Court, Legions Way, Bishops Stortford, Hertfordshire
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