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See how verdicts work2-bedroom flat · CM23 3GN
Sold STCListed 100 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An opportunity to acquire a well presented 2 double bedroom 2 bathroom apartment in the very popular Riverside development with a impressive terrace of just under 330 ft2 with stunning views overlooking the River Stort.
Situated in the heart of the town and is only 2 minutes from the train station, bus station and all other local amenities.
This property is on the first floor and comprises entrance hall, 2 double bedrooms, 2 bathrooms (one en-suite), open plan lounge/diner/kitchen, fully fitted with oven, hob, fridge/freezer, dishwasher and washer/drier.
Additional features include gas central heating, UPVC windows throughout, attractive communal gardens and one secure allocated parking space.
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 providing connections to London Liverpool Street, Stansted Airport and Cambridge. The M11 intersection just outside of town offers connections to London and the M25.
Entrance Hall Oak effect laminate flooring, cupboard housing unvented hot water cylinder and washing machine, entry door phone, doors off to: Lounge/Diner/Fully Fitted Kitchen (7.65 x 3.50 (25'1" x 11'5")) Kitchen area: Fully fitted kitchen with base and eye level units and working top surfaces over, one and 1/4 bowl inset stainless steel sink with tiled splash backs, built-in electric oven with electric hob and stainless steel extractor over, built-in fridge/freezer, built-in dishwasher, inset ceiling lights, tiled flooring.
Lounge/dining area: Oak laminate flooring, radiator, TV & telephone points, sliding patio doors to the impressive terrace overlooking the river.
Terrace (10.00 x 3.00 (32'9" x 9'10")) A most impressive terrace of just under 330 square feet with stunning views overlooking the River Stort .
Bedroom 1 (4.70 x 2.65 (15'5" x 8'8")) Window to the rear aspect, Oak laminate flooring, TV & telephone points, radiator, door into: Ensuite Shower Room Walk-in shower with tiled surround, pedestal wash hand basin with tiled splash back, Low flush WC, extractor fan, chrome heated towel rail, tiled floor.
Bedroom 2 (4.10 x 2.55 (13'5" x 8'4")) Window to rear aspect, Oak laminate flooring, TV & telephone points, radiator.
Bathroom Bath with shower over, pedestal wash hand basin with tiled splash backs, low flush WC, chrome heated towel rail, part tiled walls, tiled floor. Outside Parking One allocated parking space.
Communal Gardens Attractive communal gardens running the length of the building along the River Stort. Lease Details Lease: 134 years remaining Ground Rent: £325 p.a.
Service charge: £3,074 p.a Local Authority East Herts District Council Tax Band: C 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
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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.
Area
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FAQ
About 14 Riverside Wharf, Riverside, Bishop's Stortford
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