1-bedroom house · SG14 3YH
Listing removedListed 80 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Chain Free - Situated within the ever-popular Millmead Way development and just a stone's throw from Hertford North station, this beautifully presented one bedroom freehold home offers an excellent opportunity for first-time buyers, commuters and investors alike.
Benefitting from two allocated parking spaces, shared visitor parking and a private rear garden, properties like this are rarely available in such a convenient location.
The accommodation is arranged over two floors and is bright, well presented and ready to move straight into.
The spacious living room provides an excellent space to relax and entertain, whilst the separate fitted kitchen offers ample storage and workspace with direct access to the rear garden.
Upstairs, there is a generous double bedroom served by a modern shower room.
The current owners have continued to improve the property, with all windows, external doors and radiators having been recently replaced.
The home also benefits from an alarm system, providing additional peace of mind.
Externally, the attractive private rear garden offers an ideal space for outdoor dining, entertaining or simply unwinding, whilst the two allocated parking spaces and shared visitor parking add further practicality.
The location is one of Hertford's most convenient, with Hertford North station just moments away providing direct rail links into London.
Hertford's bustling town centre is also within easy walking distance, offering an excellent selection of independent shops, cafés, restaurants, bars and leisure facilities.
Combining a freehold title, private garden, generous parking and an exceptional location, this is a fantastic opportunity to purchase a home that is perfectly suited to modern day living.
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 45, Millmead Way, Hertford
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