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See how verdicts work1-bedroom property · CM23 2XR
Listing removedListed 546 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Park Lane Property Agents are delighted to offer this superbly presented exclusive one bedroom 2nd floor luxury apartment.
The apartment is quite unique as there is no one above just one neighbour below & perfectly situated in the Town Centre, the property offers everything & presented to the highest of standards.
Front The property is set back away from the hustle & bustle with parking to the front aspect. Path leads to the apartments and communal area with lift to the apartment.
Path leads through to open parkland and just short walk to the town centre.
Entrance Step through to this superbly presented home you will feel at welcome straight away, the hallway is light and decorated to a high standard. Carpeted flooring flowing through.
Door opens through to the living room.
Living Room 16' 1" x 9' 4" (4.89m x 2.73m) The living room is an excellent size and shape is naturally light with widow to the rear aspect with views over the conservatory and gardens, Doorway through to the kitchen and door to the Master bedroom.
Carpeted flooring. Kitchen 9' 1" x 5' 8" (2.76m x 1.78m) This luxury kitchen comprises of a good selection of wall and base units with an array of storage options & complimentary work surfaces over.
Inset sink with drainer and mixer taps with window over with views over the Conservatory and gardens. Space for dishwasher & Fridge, kitchen is new and immaculately presented, part tiled walls.
Master Bedroom 15' 1" x 10' 0" (4.68m x 3.50m) A wonderfully spacious bedroom with two windows to the side aspect & rear aspects.
The bedroom is naturally light & has plenty of space for bedroom furniture and Carpeted flooring. Bathroom This luxury bathroom Comprises of Large double walk-in low line shower.
Vanity wash hand basin with mixer taps and storage cupboard under & Low-level wc. Tiled walls and non-slip flooring.
Parking To front Agents note: This property is a hidden gem, on its own being the only one of two apartments, no one above just your neighbour below making this home quite unique.
A property worth coming home too.
Living in this luxury apartment you will have everything on your doorstep, superbly positioned with a very Short walk to the Town Centre and short walk to the Main Line Rail with links to London Liverpool Street and Cambridge.
Viewings highly recommended Communal Facilities: Residents Conservatory - Located on the first floor but has direct access to the attractive courtyard garden.
Residents Lounge - Located on the first floor. Used by residents for meetings and social events.
Communal Gardens - The well maintained gardens surround the building and there are several seating areas. Guest Suite - This is available for booking via the house manager at a cost of £15 per night.
Laundry Room - Located on the ground floor. There are two high quality washing machines and tumble dryers in this room plus ironing table and wash basin that can be used by visiting hairdressers.
Lease Details - The lease is for a period of 125 years commencing in 1989. Ground rent is £100.00 per annum paid in two six monthly instalments.
Current Service charge from 1/4/2022 is £385.64 per month.
This includes buildings insurance, water rates, window cleaning, house managers costs, lighting, heating and maintenance of the communal areas and gardens.
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 Hockerill Street, Bishop's Stortford, Hertfordshire, CM23
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