2-bedroom flat · EN8 0UG
For saleReduced £10k (−3.7%) on 14 OctListed 58 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welsummer Way, Cheshunt En8 Christopher Stokes are pleased to present this well-proportioned two-bedroom ground-floor apartment in a popular residential location.
The property offers comfortable accommodation and represents an excellent opportunity for first-time buyers, downsizers, investors or those looking for a conveniently located home.
The property benefits from a practical and well-proportioned layout, offering comfortable living accommodation and two generously sized bedrooms.
Situated on the ground floor, it provides convenient, step-free access, while the current 86-year lease is in the process of being extended to 999 years.
For investors, the property also presents an attractive opportunity, with the potential to achieve a rental income of approximately £1,500 pcm, offering a strong rental yield.
The property is situated within easy reach of local shops, schools, bus routes and everyday amenities, while Cheshunt and the surrounding area provide excellent transport connections for commuters travelling towards London and the surrounding Hertfordshire and Essex areas.
Lounge - 3.15m x 5.60m Kitchen - 2.35m x 2.55m Bedroom - 2.60m x 3.40m Bedroom - 1.80m x 3.40m Bathroom - 2.35m x 2.05m Walk-in Wardrobe - 1.50 x 1.50m
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
FAQ
About 23 Welsummer Way, Cheshunt, Hertfordshire
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