6-bedroom detached house · SG11 2LT
For saleListed 165 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £2,500,000 - £2,650,000.Set within just under 3 acres in the conservation area of Patmore Heath, Penrose House is a country house of genuine scale and extraordinary character.
Approached via a long private driveway, the house sits in complete peace and tranquility, yet is only moments from Patmore Heath itself, an Area of Special Scientific Interest, and within walking distance of a local pub.
Privacy without isolation. A grand reception hall anchors the ground floor, from which five exceptional reception rooms flow: a family room, sitting room, study, conservatory and cinema room.
The kitchen and dining area is the heart of the house, extending to over 40ft and situated around a central island and AGA, with underfloor heating and utility room alongside.
Six bedrooms are arranged across the upper floors, the principal an extraordinary room in its own right, served by a luxurious en-suite.
A further en-suite, family bathroom and shower room serve the remaining rooms. Two attic rooms offer significant conversion potential, with lapsed planning permission in place.
Outside, the grounds are exceptional.
A front garden with a pond and sunken garden planted with mature acers, expansive formal lawns with herbaceous borders, a Hartley Botanic greenhouse, outdoor kitchen, tennis court and swimming pool.
The oak-framed barn provides garaging for eight cars, while the large open barn offers six further spaces, equally suited to a horse box.
Bishop's Stortford station is a 15-minute drive, with direct services to London Liverpool Street in around 38 minutes.
Outstanding independent schooling nearby includes Bishop's Stortford College, St Edmunds, Heath Mount and Haileybury. A home of rare quality. Grounds to match. EPC Rating: E Parking - Garage
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
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FAQ
About Patmore Heath, Albury, SG11
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