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See how verdicts work3-bedroom detached house · CM23 4AY
Listing removedListed 404 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Folio: 15733 A unique opportunity for cash buyers to acquire a two/three bedroom detached brick bungalow, in need of extensive renovation/modernisation.
This property could make an ideal building plot, subject to the necessary local planning consent.
It offers an excellent opportunity in a large, south facing plot in a country lane setting which has over recent years experienced considerable change.
Ideally situated between the popular towns of both Sawbridgeworth and Bishop’s Stortford, both enjoying mainline train stations serving London Liverpool Street and Cambridge, M11 access points, shops, schools, restaurants and public houses.
The property is also within close proximity to some beautiful countryside and properties of this nature are rarely available on the open market.
Front Door Door leading through into: Kitchen 8' 10" x 6' 0" (2.69m x 1.83m) with a window to rear, single sink, double drainer stainless steel sink unit with cupboard under, further range of cupboards.
Ground Floor Bathroom Comprising a panel enclosed bath with separate hot and cold taps, flush WC, wall mounted wash hand basin, opaque window rear.
Sitting Room 10' 10" x 9' 4" (3.30m x 2.84m) with a window to rear, built-in cupboard, electric fire. Inner Hallway With a front door, radiator, wooden flooring.
Living Room 10' 4" x 9' 10" (3.15m x 3.00m) with a window to front, electric fire, cupboards. Bedroom 1 10' 6" x 10' 0" (3.20m x 3.05m) with a window to front, radiator.
Bedroom 2 10' 0" x 8' 4" (3.05m x 2.54m) with a window to conservatory, single radiator.
Conservatory 8' 2" x 8' 0" (2.49m x 2.44m) Outside The property enjoys an extensive south facing plot which is 206ft x 48ft in width with various outbuilding.
There is formerly a timber garage, brick built shed, further timber shed and the remnants of three greenhouses.
There is plenty of soft fruits, including both black and white grapes, apple, pear and damsons. To the side of the property there is a gated driveway providing parking for at least 5-6 cars.
There is an extensive front garden which could be used to create further parking, if required.
Agents Note The property has a sceptic tank and is not connected to the mains, although we understand it would be easy to connect to the mains at the front.
No gas is laid on, but the property does have mains water and mains electricity. Local Authority East Herts District Council Band ‘E’
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 Spellbrook Lane West, Spellbrook, Bishop's Stortford, CM23
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