1-bedroom flat · CM23 3GT
Sold STCListed 172 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Positioned in the very heart of Bishops Stortford, this exceptional apartment at Freight House offers the perfect blend of modern comfort and unbeatable convenience, just moments from the town centre and within walking distance of the station.
Set within a sought after development with concierge service, this property stands out due to its modern and bright open plan layout, making this ideal for both relaxing and entertaining.
Upon entering the building, a lift provides access to the first floor where you are welcomed by a spacious hallway complete with entry phone system, creating an immediate sense security.
You walk into a bright and contemporary open-plan kitchen and living area, fully equipped and thoughtfully designed to suit both everyday living and entertaining.
From here, doors lead directly onto a covered balcony, creating another room for entertaining.
The main bedroom is notably spacious, offering a calm and comfortable retreat, while the bathroom is finished to a high standard, reflecting the quality throughout.
Living at Freight House places you just a short walk from the bustling town centre, with its array of shops, cafés and restaurants, while Bishops Stortford railway station is a stone throw away, making commuting into London Liverpool Street in under 40 minutes both quick and convenient.
This prime location, combined with the size and finish of the apartment, makes it an ideal choice for professionals seeking both lifestyle and connectivity.
Early viewing is highly recommended to fully appreciate the space, setting and convenience this superb apartment has to offer.
Please note that any buyer who is interested will need to undergo a financial assessment in order to qualify.
Full Market Value is £250,000 25% Sale Price £62,500 Rent on 75% Unowned Share £449.18 per month Service Charge £1629 per annum Shared ownership provides an affordable way for you to become a home owner, by buying a share in a home and paying a subsidised rent on the remaining share.
You will then have an opportunity to purchase further shares in your home in the future up to 100%, which we call "staircasing", as further shares are purchased the rent reduces accordingly.
Communal Entrance Entry phone system, access to post boxes, lift and stairs to upper floors.
Hallway Storage cupboard, utility cupboard housing washing machine, electric radiator, doors into: Open Plan Lounge/Diner/Kitchen 15'3" x 18'0" (4.66m x 5.50m) Lounge Area: Doors opening onto Balcony, electric radiator, open into Kitchen Area: range of wall & base units with work surface over incorporating a stainless steel sink and drainer unit with mixer tap.
Inset electric hob with oven under and over head extractor hood, space for fridge freezer, vinyl flooring.
Bedroom 12'8" x 13'4" (3.88m x 4.08m) Window to front aspect, electric radiator, alcove for wardrobe.
Bathroom 6'4" x 7'1" (1.94m x 2.18m) Enclosed panelled bath with shower over and splash screen and tiled surround, pedestal wash hand basin, low-level WC, vinyl flooring, electric ladder style radiator.
Communal Garden Located on first floor. Paved patio areas and laid to lawn.
Agents Note Council Tax Band B Full Market Value £250,000 25% Share £62,000 Rent on unowned share £449.18 per month Service Charge £1629 per annum.
Lease 125 years from and including 27 April 2023 (122 years remaining) All figures correct at the point of instruction.
Please note that any buyer who is interested will need to undergo a financial assessment in order to qualify.
Shared ownership provides an affordable way for you to become a home owner, by buying a share in a home and paying a subsidised rent on the remaining share.
You will then have an opportunity to purchase further shares in your home in the future up to 100%, which we call "staircasing", as further shares are purchased the rent reduces accordingly.
Disclaimer haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Brunel Drive, Bishop's Stortford
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