Summary - Burford Street, Hoddesdon, EN11 EN11 8HP
1 bed 1 bath Mixed Use
Town-centre mixed-use with immediate income and clear value-add potential.
Shop produces £24,000 pa rent; long-lease, no VAT due on building
Two-bed currently holiday-let producing approx £24,000 pa
One-bed owner-occupied; currently no rental income
Total internal area about 850 sq ft; terrace and rear parking/communal area
Chain free; sold on a long lease — buyer to verify lease length
Area: town centre location; excellent mobile and fast broadband
Higher local crime and area deprivation may affect lettings and insurance
Potential for further conversion/refurbishment subject to consents
A central mixed-use building on Burford Street offering immediate rental income and further upside from conversion or active management. The ground-floor lock-up shop is let and produces a strong headline rent, while the two-bedroom flat has been run successfully as a holiday let. The one-bedroom flat is owner-occupied and currently produces no income, giving a buyer short-term flexibility to relet or refurbish.
The property is chain free and sold on a long lease with no VAT due on the building. Accommodation totals about 850 sq ft (shop 79 m2; flats 33 m2 and 58 m2), with a private terrace and rear communal/parking area. Recent refitted shower room, modern kitchen in the two-bed and usable layout throughout reduce immediate capital spend for an investor choosing to keep lettings operational.
Location is Hoddesdon town centre, close to local transport, shops and amenities; mobile signal and broadband speeds are good, supporting holiday-let or serviced-accommodation demand. Note the local area is classified as a transitional Eastern European neighbourhood with higher crime levels and general area deprivation; these factors can affect lettings, yields and management costs.
This is a practical buy-to-let or small portfolio addition for an investor willing to manage tenants and operations directly. There is scope to increase value through re-letting the owner-occupied one-bed, potential internal conversion subject to consents, and tighter management of the holiday-let. Buyers should confirm lease details, verify title and check occupancy/tenancy arrangements prior to exchange.
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