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See how verdicts work2-bedroom bungalow · CM23 5JQ
Sold STCListed 49 days
Opportunity summary
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About
THE OLD LIBRARY Steeped in local history and offering considerably more character than a typical modern bungalow, The Old Library is a rarely available two-bedroom detached home situated within the highly regarded Nightingales development in Bishop’s Stortford.
The origins of the wider site date back to the 19th century, when it was developed as Bishop’s Stortford Union Workhouse.
It subsequently evolved into the Herts and Essex Hospital and played an important role during the Second World War, when the hospital was expanded to accommodate and care for servicemen.
This particular building formerly served as the hospital’s library and has retained The Old Library as its name—a wonderful reminder of its fascinating past.
The historic building has since been thoughtfully converted into a distinctive single-storey home, preserving its handsome red-brick exterior, elegant arched windows and impressive ceiling heights while providing spacious and practical modern accommodation.
The property is approached through beautifully maintained communal grounds and has its own private entrance.
The front door opens into a welcoming entrance hallway, from which the principal rooms are arranged in a practical and well-planned sequence.
Positioned immediately to the left is the generous kitchen/dining room.
The kitchen is fitted with an extensive range of shaker-style wall and base units, complemented by timber-effect work surfaces, an integrated oven and an inset sink.
There is ample room for a dining table and chairs, making this a comfortable and sociable space for both everyday meals and entertaining.
The excellent ceiling height adds to the light and spacious atmosphere.
To the right of the entrance hall is the second bedroom, a well-proportioned double room featuring one of the property’s particularly attractive arched windows.
This flexible room would also make an excellent guest bedroom, study or hobby room.
Conveniently located alongside is the spacious main bathroom, fitted with a panelled bath, wash basin, WC and useful built-in vanity storage.
Continuing through the bungalow, the impressive sitting room offers generous proportions and ample space for multiple sofas and additional furniture.
Its high ceiling reinforces the sense of scale, while French doors allow natural light to fill the room and provide direct access to the private courtyard.
The enclosed courtyard has been designed for ease of maintenance and offers a secluded outside space for seating, container planting and outdoor dining.
It is ideal for those wanting a private garden area without the upkeep associated with a larger plot. Beyond the sitting room is the substantial principal bedroom.
This beautifully proportioned room benefits from an extensive wall of fitted wardrobes, providing an exceptional amount of storage while maintaining an uncluttered appearance.
The principal bedroom also has its own en-suite shower room, fitted with a large shower enclosure, wash basin with vanity storage and WC. A window provides natural light and ventilation.
Outside, the property benefits from one allocated parking space, with additional visitor parking available within the development.
The communal surroundings are attractively landscaped and maintained as part of the development’s management arrangements.
Nightingales is conveniently positioned for Bishop’s Stortford town centre, which offers an excellent selection of shops, restaurants, cafés and leisure facilities.
The mainline railway station provides direct services towards London Liverpool Street, Cambridge and Stansted Airport, making the location equally appealing to commuters and those seeking convenient access to the wider area.
With its remarkable history, detached design and generous single-storey accommodation, The Old Library is a genuinely unique home.
It will particularly appeal to downsizers, professional buyers or anyone searching for a character property that is both manageable and conveniently located.
TENURE: Leasehold LEASE LENGTH: Approximately 128 years remaining MAINTENANCE CHARGE: Approximately £158 per month PARKING: One allocated parking space plus visitor parking
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.
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FAQ
About Nightingales, Bishop's Stortford, CM23 5JQ
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