2-bedroom flat · SG13 7FZ
For saleListed 110 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Folio: 15908 A top floor, two double bedroom penthouse apartment with far reaching views in this sought after modern development.
The property has been beautifully finished with two double bedrooms, two luxury bath/shower rooms and offers a superb blend of style, space and practicality.
Finished to an extremely high specification with a brand new kitchen and bathrooms.
Outside the property benefits from communal gardens and electronically operated underground gated parking, storage area and bike storage.
Only a two minute walk to Hertford East train station and the river and just a three minute walk to the town centre.
There is also easy access to Hartham Common Park which has some beautiful country walks along the River Lea. There is also easy access to the A10 and A414.
The area offers a wide selection of renowned private and state schooling. Shopping is also within walking distance where you’ll find a good range of restaurants, cafes and deli’s to choose from.
Communal Entrance With lifts rising to the third floor, carpeted hallway with a wooden door leading through into: Large Entrance Hall With superb wide boarded oak flooring, generous ceiling height, cloaks hanging space, utility cupboard housing electric boiler and space and plumbing for washer/dryer.
Large 'l' Shaped Open Plan Kitchen/Living Room 22' 6" x 22' 0" (6.86m x 6.71m) (narrowing to 11’4 x 11’0) a bright room with a unique curved ceiling, double-glazed window to rear providing views and lovely sunsets, LED lighting, wide planked oak flooring, space for plenty of sofas and dining table and chairs.
Kitchen Area Comprising brand new shaker style units, some 3⁄4 height, with a quartz textured worksurface over, integrated fridge and freezer, integrated dishwasher, inset stainless steel sink with a mixer tap above, Range cooker with mirrored backer and integrated extractor hood with lighting, two lit larder cupboards with LED lighting and bespoke shelving, moveable breakfast bar with a quartz worksurface and seating area, radiator with cover, wide planked wood flooring.
Bedroom 1 12' 6" x 11' 5" (3.81m x 3.48m) with a double-glazed window to rear providing far reaching views and beautiful sunsets, generous ceiling height, built-in wardrobes with mirror sliding doors, radiator, oak flooring.
Luxury En-Suite Shower Room Comprising a vanity sink unit with a mixer tap and backer, wall mounted Hans Groher WC with surface mounted flush, large walk-in shower cubicle with a wall mounted double headed shower, heated towel rail, mirror, ceramic tiled flooring.
Bedroom 2 11' 1" x 10' 5" (3.38m x 3.17m) with a large mirror fronted built-in wardrobe, wide plank oak flooring, LED lighting, double-glazed window to rear with far reaching views.
Luxury Bathroom Recently re-fitted to a high standard and comprising a freestanding bath with standpipe mixer tap with shower attachment and pop-up waste, designer vanity wash hand basin, fitted mirror, Hans Grohe flush WC with surface mounted flush, contemporary contrasting tiled walls and flooring.
Parking The property benefits from underground gated electric car parking providing allocated parking. There is also a large lockup cupboard and bike storage area. Lease 125 years from 2009.
Maintenance £1,310 per six months. Ground Rent £700 per annum. Local Authority East Herts District Council Band ‘D’
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 114 Elder Court, Mead Lane, Hertford
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