1-bedroom flat · CM23 4HT
Sold STCListed 95 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious one bedroom ground floor maisonette, tucked away in a quiet cul-de-sac on the popular Thorley Park area of Bishop's Stortford, close to local amenities and schooling.
Internal accommodation comprises enclosed entrance lobby with door through to a dual aspect lounge and adjoining kitchen, with door to an inner hallway, which incorporates a large storage cupboard and further doors into a double bedroom with fitted wardrobes and a shower room.
Externally, the property enjoys a private garden with a paved patio and enclosed lawn area and additionally benefits from a close by carport. Offered with vacant possession and no onward chain.
The property is leasehold with a share of the freehold. There are 957 years on the lease. The annual ground rent is £20.
Lease, ground rent and maintenance details have been provided by the seller, but their accuracy cannot be guaranteed, as we may not have seen a copy of the original lease.
Should you proceed with the purchase of this property, lease details must be verified by your solicitor.
Council Tax Band B & EPC Band C Bishop's Stortford is an affluent market town, situated between London and Cambridge offering fast rail links to London Liverpool Street and close proximity to both M11 motorway and Stansted Airport.
The town provides reputable primary and secondary schooling, a variety of shops, both high street names and long established independents, regular market days, leisure facilities and a good choice of cafes, bars and restaurants.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: Properties are offered in line with current legislation, including the Renters Rights Act.
Tenancies will typically be granted as periodic (rolling) agreements, unless otherwise agreed. A security deposit will be required, capped in line with current legislation.
It is the tenant’s responsibility to insure their personal possessions.
BUYERS INFORMATION To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers.
We use the services of a third party, Lifetime Legal, who will contact you directly at an agreed time to do this. They will need the full name, date of birth and current address of all buyers and ID.
There is a nominal charge of £80 inc VAT for this (for the transaction not per person), payable direct to Lifetime Legal.
Please note, we are unable to advertise a property or issue a memorandum of sale until the checks are complete.
REFERRAL FEES We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying.
We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider.
The ancillary service provider may be an associated company of Intercounty. IBS260028/5
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Ellenborough Close, Bishop's Stortford, Hertfordshire, CM23
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