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See how verdicts work2-bedroom flat · SG13 8FQ
For saleReduced £10k (−2.5%) on 17 OctListed 138 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Edward House features purpose built apartments, exclusively for those over 70.
The apartments feature a modern bedroom, kitchen and living room, as well as fire detection equipment, an intruder alarm and a camera entry system that can be used with a standard TV.
The complex also has an on-site car park, landscaped gardens, bistro restaurant, guest suite for overnight visitors and a communal lounge with Wi-Fi and patio area.
There is also a lift access to all floors and a mobility scooter charging room.
This spacious 2 bedroom apartment is securely positioned on the second floor of this recently constructed retirement development by McCarthy & Stone located within easy access to Hertford town centre and Hertford East train station.
Accommodation comprises a spacious entrance hall, open-plan living/dining room opening out to a lovely balcony, separate fitted kitchen, two double bedrooms, walk-in wardrobe, well-appointed 3-piece shower room and a separate guest cloakroom/WC.
Outside The residents of Edward House enjoy the use of the wonderfully maintained landscaped communal gardens and this property benefits from a secure underground parking space.
Situation Lying on Hertfordshire’s border with Essex, Hertford boasts the best of country living within touching distance of the capital.
Hertford castle overlooks the town, whilst four rivers run through its heart, linking it to an assortment of country walks.
Two stations tie the town to Moorgate and Liverpool Street, making it a popular location for city workers.
The town's prestigious schools and market town architecture make it ideal for family life as well as those looking for a quiet home to settle down in.
The property is conveniently located within easy access to the highest rated and most sought after primary and secondary schools in the area (Simon Balle, Richard Hale and Presdales).
Property Ref Number: Ham-65630 Additional Information Local Authority: East Herts District Council Council Tax: Band D Service Charge: £1,157.24 Per Month Ground Rent: Included In Service Charge Lease Term: 999 Years From 1 January 2018 Lease Years Remaining: 990
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
Agent & docs
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FAQ
About 32, Edward House, Pegs Lane, Hertford
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