2-bedroom flat · EN11 8EF
For saleListed 19 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in a charming area close to the New River in Lampits this delightful two-bedroom flat offers a perfect blend of comfort and convenience, the property boasts a long lease and sensible service charges, making it an attractive option for both first-time buyers and those looking to downsize.
Upon entering, you will find a good-sized living room with dining area, ideal for entertaining guests or enjoying quiet evenings at home.
The flat features two well-proportioned bedrooms ensuring a restful retreat, a good size kitchen and Bathroom, There is also a deep storage cupboard off the Hall, handy for bikes/ folding prams, storage etc.
One of the standout features of this property is the inclusion of a garage located nearby, providing valuable off-street parking or additional storage space.
The Lampits development is well-regarded, offering easy access to local amenities, transport links, shops, restaurants and excellent choice of well known brand supermarkets.
Residents can enjoy the convenience of nearby facilities while benefiting from the tranquillity of a residential setting close to the New River spring water course with riverside walks to Broxbourne and its well served overground rail Station.
Agents Note; The photographs depicted are for reference purposes taken prior to the existing tenant moving in- any intending purchasers should inspect the property internally.
# Unexpired Lease approx 940 years # £21 Annual Ground Rent # £1504.00 per annum service charges # Mains water # Mains drainage# #Mains electricity connected.
Entrance Hall Walk In-Storage Cupboard Lounge/Dining Room (6.68m x 3.58m max (21'11" x 11'9" max)) Kitchen (10'4 x 7'1) Bedroom One (3.05m x 2.90m inc wds (10'0" x 9'6 inc wds)) Bedroom Two (10'2 x 7'4) Bathroom (7' x 6'1) Outside Communal - unallocated parking
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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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 165, Lampits, HODDESDON
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