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 work1-bedroom flat · CM23 4HT
Listing removedReduced £20k (−8.3%) on 8 JulListed 215 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
55 Ellenborough Close is a one double bedroom ground floor maisonette tucked away in this popular cul-de-sac on the Thorley Park development.
The property benefits from its own private and good sized rear garden and also a carport.
The accommodation currently comprises of a front entrance door into an entrance lobby with a door through to the sitting room, a dual aspect room with double-glazed windows to the side and rear aspect, a fitted kitchen with integrated appliances.
There is a good sized inner hallway with a large storage cupboard and doors off to three piece shower room. And the double bedroom with fitted wardrobes.
Externally, the garden has a sun terrace at the immediate rear of the property, and the garden extends to approx.
20ft in depth, mainly laid to lawn with flower and shrub areas and mature trees and enjoys a southerly facing aspect.
As previously mentioned, there is a car port close by providing parking for one vehicle. The property benefits from gas central heating, double glazing and does require some refurbishment.
Agents note: There is approx. 957 years remaining on the lease. There is ground rent payable of £20p.a.
Bishop’s Stortford is an historic market town lying beside the River Stort, offering a range of shopping, educational, recreational facilities and amenities including The Bishop’s Stortford College, golf club, swimming pool, hospital, arts centre, health and fitness club, theatre groups, restaurants, garages etc.
In addition, there is a mainline station providing regular services to London's Liverpool Street, and the M11 is on the eastern outskirts of the town giving access to London, M25, Cambridge and the Midlands.
Stansted Airport is about 4 miles from the town and provides an ever-increasing number of destinations.
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 55, Ellenborough Close, Hertfordshire
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