3-bedroom terraced house · CM23 4TP
For saleListed 138 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Solo Homes are pleased to offer this BRAND NEW 3 bedroom end terrace house at the eagerly anticipated development of Maltings Place at St James' Park .
Available on a shared ownership basis, this is a great opportunity to make your next home purchase more affordable.
Located on the edge of the market town of Bishop's Stortford , this excellent location is close to the town centre and close to fantastic road and rail links to Cambridge and London.
Property Specification Kitchen - Contemporary fitted kitchen units with worktops - Integrated washing machine, dishwasher and fridge/freezer - Built-in electric oven & ceramic hob - Integrated cooker hood - Stainless steel splashback to hob - 1 ½ bowl stainless steel sink - Amtico vinyl flooring Bathroom - White sanitary ware - Glass shower screen - Thermostatic shower over bath - Full height wall tiles around bath & half height to other walls with sanitary ware - Amtico vinyl flooring Downstairs W/C - White sanitary ware - Wall tiles as splashback to wash hand basin - Amtico vinyl flooring Interiors - 80/20 carpet to all living areas - Smoke detector - Carbon monoxide detector - Boiler and hot water cylinder - Gas fired central heating - BT phone sockets to hall cupboard (where applicable), living room and bedroom 1 - TV points to living room and bedroom 1 Exteriors - Double glazed UPVC windows - Turf to rear garden with patio area - Shed - Solar panels - 990 year lease - 2 parking spaces - LABC Hertfordshire Building Control - NHBC for Buildmark Choice warranty & insurance cover Local Area Bishop's Stortford is an ancient historical market town.
With its landmark Corn Exchange overlooking the town square, the River Stort providing lovely riverside walks, and excellent amenities, Bishop's Stortford has something for everyone from cricket, football, hockey, rugby and golf.
Shoppers, too, are well served by the many retail outlets in Jackson's Square, and market days are Thursdays and Saturdays.
Located in the town centre is Anchor Street Entertainment, a multiplex which contains a cinema, health club, bowling alley, and a number of food outlets.
The town is home to two amateur dramatics groups; The Water Lane Theatre Group and Bishop's Stortford Musical Theatre Company.
There are 13 primary and 5 secondary schools in Bishop's Stortford, making Coopers Grange the perfect location for families.
There is also an independent school, the Bishop's Stortford College, which covers the whole educational spectrum from ages 4 to 18. Easy connections Bishop's Stortford has fantastic transport links.
It is only 40 miles from London and less than 35 minutes to Junction 27 of the M25 via the M11 motorway.
Bishop's Stortford railway station is on the London Liverpool Street to Cambridge main line operated by Greater Anglia.
Epping tube station is about 15 miles away from Bishop's Stortford, which means some residents prefer that to the mainline station.
Shared Ownership The full market price of this property is £460,000 with shares available from 40% subject to affordability.
Based on a 40% share there is a monthly rent of £805.00, and a monthly service charge of £67.60. Interested parties are requested to complete a short financial assessment prior to application.
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 Maltings Place @ St James Park, Alderberry Way, Bishops Stortford
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