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See how verdicts work2-bedroom flat · CM23 5FA
Listing removedListed 236 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
9 Pearse House is a beautifully presented luxury first floor apartment situated in this sought-after development on the edge of the town, yet within walking distance of the mainline station and excellent local schools.
The current owner has re-modelled the apartment which now provides good sized living space with high ceilings and double glazed windows.
There is a communal entrance door with video entry phone system leading a large communal entrance hall with sweeping staircase and lift to the first floor where the entrance door to the apartment leads to an entrance hall with door to the open plan living room and fitted kitchen with a large breakfast bar.
There is a large main bedroom with a dressing area and en suite shower room, a second bedroom and a bathroom. Outside, there are well-tended communal gardens with seating areas and outside lighting.
In addition, there is allocated parking, visitor parking and a garage en bloc. Agents note: The lease was 999 years from 2015. The service charge is £3000 per annum.
The owner of the apartment has a share of the freehold and there is no ground rent payable.
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, cinema, 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 Birchwood Mews, Bishops Stortford, Hertfordshire, CM23
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