1-bedroom flat · CM23 2FP
For saleListed 99 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Top floor retirement apartment with private balcony I High quality McCarthy & Stone retirement development on a regular bus route I Underfloor heating I Fitted kitchen with integrated appliances I Double bedroom with walk in wardrobe I Wet Room I Parking available I Guest suite I Lift Hallway Sitting/Dining Room (5.82m x 3.38m (19'1" x 11'1")) Fitted carpet and double glazed doors leading onto the private balcony.
Balcony (1.96m x 1.65m (6'5" x 5'5")) A decked balcony with safety rail.
Fully Integrated Kitchen (2.46m x 2.24m (8'1" x 7'4")) Built-in single oven, 4 ring ceramic hob with extractor hood above, slimline dishwasher, fridge/freezer, wall and base cupboards, tiled floor, double glazed windows.
Double Bedroom (5.03m x 2.87m max dimensions (16'6" x 9'5" max dim) N.B. The measurement includes a large walk-in wardrobe. Fitted carpet, double glazed window.
Shower/Wet Room (2.18m x 2.08m (7'2" x 6'10")) A fully tiled 'wet room' with a shower cubicle, wash basin set into a vanity store unit, low flush wc, spotlights to ceiling.
Communal Areas Residents Lounge A large area for socialising and frequent events, with a kitchen area. Laundry Room Several washing machines and tumble driers.
Guest Suite This room can be reserved via the house manager. The suite costs £25 per night and there is a small booking fee.
Communal Gardens Always delightfully maintained consisting of lawn and patio seating areas. Mobility Scooter Room A useful storage area for cycles, shopping trolleys etc.
There is plenty of room for parking mobility scooters with wall mounted charging points. Parking Parking spaces are allocated by arrangement but can be subject to availability (rarely an issue).
There are also several visitors spaces. Private parking spaces can be rented for £250.00 per year. Lease/Service Details There is a 125 year lease which commenced in 2013.
The ground rent is believed to be £495.00 per annum & is collected in two six monthly instalments. The service charge is £2412.90 per annum and is collected by monthly direct debit payments.
The service Charge includes: Maintenance and cleaning of communal areas and gardens, buildings insurance, window cleaning & water rates.
Relocation Agent Network Why you should choose A relocation agent network member * Independently selected as the best local agents. * Now affiliated to over 600 offices across the UK.
* Local reputation, experience and commitment. * Independent owner managed business. * More out of town buyers through links with Cartus who are the premier provider of global relocation services.
* Access to the largest property website of its kind in the UK - . * Not owned by a financial institution. * Regularly 'mystery shopped' to ensure high standards.
* Committed to meeting your needs this year, next year and for many more to come.
Disclaimer For clarification, we wish to inform prospective purchasers that we have prepared these sales particulars as a general guide.
We have not carried out survey, not tested the services, appliances or specific fittings and any mention of such items does not imply that they are in working order.
Room sizes are approximate and should not be relied upon for carpets and furnishings.
Photographs are for illustration only and may depict items which are not for sale or included in the sale of the property.
Any stated plot size is intended merely as a guide and has not been officially measured or verified.
We have not checked the legal documents to verify the freehold/leasehold status of the property and purchaser is advised to obtain clarification from their solicitor or surveyor.
Money laundering regulations 2003. Intending purchaser will be asked to produce identification documents and we would ask for your co-operation in order that there be no delay in agreeing the sale.
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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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 advisors 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.
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FAQ
About 44, Waggoners Court, Legions Way, Bishop's Stortford
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