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See how verdicts work2-bedroom flat · CM23 2SE
For saleReduced £25k (−6.7%) on 22 SepListed 72 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Impressive top floor apartment forming part of a former Victorian school building I Sought-after North West side of town I Share of freehold I No ground rent I Private residents' parking I Garage en-bloc An impressive two-bedroom top-floor apartment forming part of a former Victorian school building, occupying a sought-after position on the north-west side of town.
The property combines character and spacious accommodation with the benefits of modern living and is offered with a share of the freehold and no ground rent.
The well-presented accommodation includes two double bedrooms, a fitted kitchen with integrated electric oven, hob and extractor, a large separate sitting room and a bathroom.
Further benefits include well-maintained communal gardens with a delightful sun terrace, private residents' parking and a garage en-bloc.
A superb opportunity for a first-time buyer, professional couple or investor seeking a spacious and conveniently positioned home.
The Council Tax Band is C / The EPC Rating is E Entrance Hall With doors to all rooms, consumer unit and access to the loft space.
Open Plan Kitchen/Dining Room (5.40m max x 4.36 m max (17'8" max x 14'3" m max)) Includes a fitted kitchen with wall and base units and space for a dining table.
The kitchen has; - An integrated electric oven with electric hob and extractor over - Space for a washing machine - Space for a tall fridge/freezer Sitting Room (5.19m x 3.96m max (17'0" x 12'11" max)) Bedroom 1 (4.53m max x 4.22m max (14'10" max x 13'10" max)) Double bedroom with wardrobe cupboard, airing cupboard housing hot water cylinder and eaves storage.
Bedroom 2 (3.96m x 3.47m (12'11" x 11'4")) Double bedroom. Bathroom (2.34m x 1.70m (7'8" x 5'6")) Bath with wall mounted electric shower over, vanity unit with basin, heated towel rail and WC.
Communal Gardens Well maintained communal gardens including a sun terrace. The apartment benefits from a garage en bloc and private off road parking for the residents.
Tenure & Charges This apartment benefits from a share of the freehold so there is no ground rent payable. The remaining lease term is 104 years and the current service charge is £200 per month.
Garage En-Bloc (4.72m x 2.53m (15'5" x 8'3")) Single garage with up and over door.
Disclaimer For clarification, we wish to inform prospective purchasers that we have prepared these sales particulars as a general guide.
We have not carried out a survey, nor tested the services, appliances or specific fittings and any mention of such items does not imply that they are in working order.
Room sizes are approximate and should not be relied upon for carpets and furnishings.
Photographs are for illustration only and may depict items which are not for sale or included in the sale of the property.
Any stated plot size is intended merely as a guide and has not been officially measured or verified.
We have not checked the legal documents to verify the freehold/leasehold status of the property and purchaser is advised to obtain clarification from their solicitor or surveyor.
Money laundering regulations 2003. Intending purchaser will be asked to produce identification documents and we would ask for your co-operation in order that there be no delay in agreeing the sale.
Disclaimer For clarification, we wish to inform prospective purchasers that we have prepared these sales particulars as a general guide.
We have not carried out a survey, nor tested the services, appliances or specific fittings and any mention of such items does not imply that they are in working order.
Room sizes are approximate and should not be relied upon for carpets and furnishings.
Photographs are for illustration only and may depict items which are not for sale or included in the sale of the property.
Any stated plot size is intended merely as a guide and has not been officially measured or verified.
We have not checked the legal documents to verify the freehold/leasehold status of the property and purchaser is advised to obtain clarification from their solicitor or surveyor.
Money laundering regulations 2003. Intending purchaser will be asked to produce identification documents and we would ask for your co-operation in order that there be no delay in agreeing the sale.
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 7 Chantry Mount, Chantry Road, Bishop's Stortford
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