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See how verdicts work2-bedroom flat · SG13 7QT
Listing removedListed 135 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent opportunity for buyers seeking a property with genuine scope to add value, this spacious two-bedroom ground floor apartment is situated within the highly regarded Harrington Court development in the heart of Hertford Heath.
Offered with a reduced asking price to reflect the opportunity for modernisation, the property presents an ideal prospect for first-time buyers, downsizers and investors alike.
With generous room proportions throughout and significant potential for refurbishment, purchasers have the opportunity to create a home tailored to their own tastes while enhancing the property's long-term value.
The accommodation comprises two well-proportioned double bedrooms, a spacious kitchen, a bright and generously sized reception room, a family bathroom and an abundance of built-in storage within the hallway.
Subject to the necessary consents, the layout may also offer potential to create a third bedroom, providing additional flexibility for growing families or those requiring home office space.
Further benefits include a newly granted 125-year lease, secure entry system, residents' parking to the rear and well maintained communal grounds.
This is a rare opportunity to acquire a generously proportioned apartment in a sought-after location, with considerable scope for improvement and future capital growth.
Early viewing is highly recommended. Lease - 125 Years Ground Rent - £0PA Service Charge - £127 pcm EPC Rating - C East Hertfordshire District Council
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
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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 12, Harrington Court, Hertford Heath
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