2-bedroom house · SG14 1HS
Listing removedReduced £50 (−3.1%) on 29 JunListed 157 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Steven Oates are pleased to offer for let this charming two bedroom end of terrace cottage, situated within a tucked away position close to Hertford Town Centre and Hertford East station.
Formerly part of an old bakery, the property offers a wealth of character and quirky features throughout.
The accommodation comprises a spacious living area, fitted kitchen, two bedrooms and a family bathroom.
Externally, the property benefits from a well-maintained front garden, off street parking and a single garage.
Located within easy reach of Hertford’s popular shops, restaurants, bars and transport links, the property combines character living with excellent convenience.
Offered unfurnished and available mid-June.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About 12 Castle Cottages, Water Lane, Hertford
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