2-bedroom flat · EN11 8PD
For saleListed 119 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ideal Investment Purchase. This bright 2 bedroom, ground floor apartment is to be sold, ideally with the tenant in situ, who have been residing in the property since 2018.
The letting is under an Assured Periodic Tenancy. This is a Beautifully presented, modern ground floor apartment, which is in a quite position, in a small bespoke development.
It is ideally situated within walking distance of the town centre, shops and amenities within Hoddesdon Town Centre.
It is also a few minutes walk to the picturesque Barclay Park, Hoddesdon Tennis and Cricket Clubs and Hoddesdon Town fc.
The property offers a spacious lounge with a modern kitchen/dining, two double bedrooms with an en-suite to principal bedroom and a family bathroom. The property also benefits from a long Lease.
Lease, Maintenance & Service Charge information: Annual service charge £1,675.35, Annual Ground Rent £251.85, Lease is 125 Years from 2015 so 114 years remaining.
The Property is presently let for £1125 per month. Mains services connected include gas, water, electricity and sewage.
Communal Entrance Entrance Hall Lounge Area (16'2 x 13'1) Kitchen Area (10'11 x 6'11) Bedroom One (12'9 x 9'7) En-Ssuite (6'9 x 4'8) Bedroom Two (14'11 x 9'1) Bathroom (6'3 x 5'6) External Allocated Parking Photos Taken Prior To Tenancy
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 1, Creaven Court, Hoddesdon
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