2-bedroom flat · SG14 2LW
Listing removedReduced £10k (−3.8%) on 21 JunListed 165 days
Opportunity summary
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About
This modern, well specified apartment, conveniently located on a quiet cul de sac in Hertford. Each room is excellently sized and shaped and the block itself is excellently maintained.
It is set up for ease throughout with free car parking, close commute to the town centre and lots of living space to enjoy!
The flat is on the second floor and is larger than average, measuring approx.
650 square feet and is set out as follows: Entrance hall leading into living room, separate kitchen, two double bedrooms, spacious bathroom and two large storage cupboards.
The overall feel of the flat is one of space and set up for modern living, with the flat benefitting from copious natural daylight and tastefully decorated throughout.
The building itself is less than 20 years old so that flat would make an excellent low maintenance investment with low bills, whether to live in or rent out.
There is double glazing, gas central heating and the bedrooms, corridors and living room are all carpeted. The living room is bright and inviting with a good amount of space for dining and lounging.
The two bedrooms are both doubles with the master bedroom. The kitchen is well equipped and has space for a small dining area if preferred.
The apartment is located within a smart looking block surrounded by well-maintained communal gardens and a parking area where you can park one vehicle.
Hertford itself is a lovely place to be based with the town centre, a short walk away, offering excellent shopping, local markets, festivals, theatre, and leisure facilities.
This charming market town is situated 20 miles north of London allowing you to enjoy the East Hertfordshire countryside as well as getting into London using one of the nearby train stations.
Hertford North Train Station is approx. 0.8 miles and Hertford East Train Station approx. 1.6 miles.
For those that enjoy nature, the River Lea provides ample picturesque walking and cycling routes which include some lovely riverside pubs.
The flat is offered chain free, suits a first time buyer or investor and at this price first time buyers can benefit from zero stamp duty to pay!
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
Agent & docs
FAQ
About 18, Perrett Gardens, Hertford
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