2-bedroom flat · CM22 7EN
For saleReduced £15k (−6%) on 22 SepListed 81 days
Opportunity summary
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About
Folio: 15498 A two bedroom first floor maisonette located in a prime position in the village of Hatfield Heath.
Hatfield Heath has a thriving village centre with a Co-Op store, Post Office, tea room, two period inns, renowned jmi school and active churches.
There is easy access to the larger centres of Bishop’s Stortford and Harlow, each enjoying multiple shopping centres, schools, recreational facilities, mainline train station serving London Liverpool Street and Cambridge and of course, M11 leading to M25 access points.
The nearest station can be found at Sawbridgeworth which is approximately 5 minutes by car. As previously mentioned, 1a Wagon Mead is ideally located in the centre of Hatfield Heath.
The property has been recently renovated and offers a large sitting room, modern kitchen and bathroom, 2 double bedrooms, parking and communal garden. The property is offered with no onward chain.
Front Door UPVC front door leading into: Entrance Hall With a fitted carpet, single panelled radiator, airing cupboard, staircase to: Sitting Room 13' 0" x 13' 0" (3.96m x 3.96m) with double glazed windows to rear and side, double panelled radiator, t.v.
Aerial point, fitted carpet.
Kitchen 12' 6" x 9' 2" (3.81m x 2.79m) with a range of matching base and eye level units with a rolled edge work surface, single bowl, single drainer stainless steel sink with mixer tap over, double glazed window to front, integrated cooker with four ring electric hob and oven beneath, extractor, laminate flooring, single panelled radiator, cupboard housing boiler and water tank.
Bedroom 1 14' 6" x 13' 0" (4.42m x 3.96m) with a double glazed window to rear, double panelled radiator, fitted carpet.
Bedroom 2 12' 6" x 8' 10" (3.81m x 2.69m) with a double glazed window to front, single panelled radiator, t.v. Aerial point, fitted carpet.
Bathroom Comprising a panel enclosed bath with mixer tap and shower attachment, wash hand basin, double glazed window to front, button flush w.c., towel rail, tiled flooring.
Lease Approximately 88 years remaining. Ground Rent £38 per calendar month. Local Authority Uttlesford District Council Band ‘B’
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.
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About 1a, Wagon Mead, Bishop's Stortford
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