1-bedroom flat · EN8 0BE
For saleReduced £3k (−3.3%) on 8 OctListed 77 days
Opportunity summary
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About
Shepherds are delighted to offer for sale this well-presented one bedroom over 55's retirement apartment, ideally situated on Cheshunt High Street, offering convenient access to a wide range of local shops, amenities, transport links, and healthcare facilities.
Located on the top floor, the property benefits from lift access, providing easy and convenient access throughout the building.
Internally, the accommodation comprises of a spacious entrance hall, a bright lounge diner, a fitted kitchen, a generous double bedroom with fitted wardrobes and separate dressing area and a modern fitted shower room.
Designed specifically for retirement living, the development offers a welcoming and secure environment with the added benefit of a secure entry phone system, an on site house manager and excellent communal facilities, including a residents' lounge where owners can socialise and take part in community activities, as well as a communal laundry/wash room for added convenience.
Externally the building also benefits from well-maintained communal gardens. To be sold chain free.
Lease Information Lease : 103 Years Remaining Ground Rent: £385 Per Year Maintenance: £1,522 Per Year Services connected Mains drainage, water, electricity All information on the lease and charges have been provided verbally via the owner and will need to be confirmed via solicitors.
Secure Entry Phone System Communal Entrance Communal Lobby Lift Access Top Floor Front Door Entrance Hall Lounge Diner (5.79mx 3.33m (19'x 10'11)) Kitchen (2.87m x 2.46m (9'5 x 8'1)) Bedroom (5.87m x 2.90m (19'3 x 9'6)) Dressing Area Shower Room (2.08m x 1.70m (6'10 x 5'7)) Storage Cupboard Residents Lounge Communal Laundry Room House Manager External Communal Gardens
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Flat 47, Cliff Richard Court, High Street, Cheshunt
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