We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · SG13 8FQ
Listing removedListed 370 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Kings Group are Delighted to present this sought after chain free, two bedroom first floor retirement apartment.
(over 70's only) Welcome to this spacious and well-presented two-bedroom first-floor retirement apartment, perfectly designed for comfortable and convenient living in a friendly community setting.Step inside the welcoming entrance hall, which immediately gives a sense of space and light.
To your right is a useful storage cupboard, ideal for coats, shoes, and household essentials.
To your left, you’ll find a separate WC, perfect for guests, followed by the main bathroom, fitted with a modern suite and easy-access features for convenience and safety.
Both bedrooms are set quietly to the rear of the property, providing a peaceful retreat.
The master bedroom offers generous proportions and ample wardrobe space, while the second bedroom makes an excellent guest room, hobby space, or study.
To the right of the hallway, you enter the heart of the home - a bright and spacious open-plan lounge and kitchen area.
This well-designed living space offers plenty of room for both seating and dining, complemented by a contemporary fitted kitchen with integrated appliances and ample storage.
From the lounge, patio doors open onto a private balcony, providing a lovely spot to sit and enjoy the fresh air and views - the perfect place to relax with a morning coffee or evening drink.
Residents also benefit from an excellent range of on-site facilities designed to make life easier and more enjoyable.
These include: A residents’ car park for convenience and peace of mind, Beautifully landscaped communal gardens to enjoy throughout the year, A welcoming bistro-style restaurant, ideal for socialising or dining with friends, A comfortable communal lounge with Wi-Fi access and a patio area, perfect for relaxing or meeting neighbours, A well-appointed guest suite available for visiting family and friends, Lift access to all floors for easy mobility.
Location Edward House is very well-placed for someone who values town-centre living with strong transport links, a walkable location and access to amenities, yet still within a building that feels like it’s set apart for residential comfort.
Its position on Pegs Lane offers ease of access without being in the very heart of the busiest retail zone, making it a strong choice for convenience and lifestyle.
You’ll find a variety of shops, cafés, and services within walking distance-being so close to the town centre means everyday conveniences are readily available.
For recreation, heritage and local character feature strongly: Hertford offers historic architecture, riverside spots, and green spaces, all within a short walk.
The immediate area around Pegs Lane is serviced and maintained, making it suitable for both local living and slightly more formal/residential-use properties.
Travel Links Train access is very good: The nearest station (Hertford?East?station) is approximately 1 km away from SG13 8FQ.
Road links are also favourable: Hertford sits off the A414 connecting the A1 and A10 corridors.
Bus services and local stops are easily reachable from the address, making both local errands and wider travel convenient.
Council Tax Band - D Construction Type - Standard (Brick, Tile) Flood Risk - Rivers & Seas: Very Low, Surface Water: Very Low Lease Length - 992 Years Ground Rent - £510 Per Annum Service Charge - £13,886.88 Per Annum (Breakdown) • Estate Manager who ensures the development runs smoothly • cqc Registered care staff on-site 24/7 for your peace of mind • 1 hour cleaning / domestic assistance per week, per apartment • 24hr emergency call system • Monitored fire alarms and door camera entry security systems • Maintaining lifts • Heating and lighting in communal areas • The running costs of the onsite restaurant • Cleaning of communal areas daily • Cleaning of windows • Maintenance of the landscaped gardens and grounds • Repairs & maintenance to the interior communal areas • Contingency fund including internal and external redecoration of communal areas • Buildings insurance, water and sewerage rates
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.
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FAQ
About 23 Edwards House, Pegs Lane, Hertford
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