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See how verdicts work2-bedroom flat · CM23 3GR
No longer listedListed 278 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to present this superb two-bedroom ground floor apartment, ideally positioned within the highly sought-after Knights Row development on Waytemore Road, Bishop’s Stortford.
Whether you are a first-time buyer, downsizer or investor, this property offers an excellent opportunity.
The apartment has the potential to achieve approximately £1,300 per calendar month in rental income, equating to an attractive gross yield of 5.89% and a net yield of approximately 5.59%.
The property benefits from a long lease of around 107 years remaining and a modest annual service charge of approximately £790.08, making it both a practical and cost-effective long-term option.
Accessed via a secure communal entrance with entry phone system, the accommodation is well laid out and includes two good-sized double bedrooms, a modern family bathroom, a well-appointed kitchen/diner and a bright living room.
From here, double doors open directly onto a private patio and seating area, providing a lovely connection to the well-maintained communal gardens — ideal for morning coffee or relaxing in the warmer months.
Additional features include a private storage shed within the communal garden and allocated parking conveniently positioned to the front of the block.
The location is a real highlight, with Bishop’s Stortford town centre within easy reach, along with a range of local amenities including Tesco Express on Havers Lane, independent shops, cafés and excellent transport links.
Please note that while we have been advised of the lease length and service charge details, we have not seen sight of the official documentation.
Prospective buyers are encouraged to verify these details independently.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 2 Waytemore Road
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