# 1 bedroom apartment for sale (CM24 8AE) ## Property Details | Key | Value | |-----|-------| | Address | 1, OLD COURT HOUSE, CHAPEL HILL, STANSTED, ESSEX CM24 8AE | | Price | £235,000 | | Bedrooms | 1 | | Bathrooms | 1 | | Council tax | B | | Last sold | £230,000 Jan 2026 | ## Description Part of a Grade II Listed property with a wealth of history in the village of Stansted, is this stunning one-bedroom apartment. The accommodation has been completely updated and refurbished by the current owner and offers an imposing entrance with double doors leading to the entrance hall. The sitting/dining room is dual aspect with wood flooring, fitted kitchen, luxury bathroom and a dual aspect double bedroom with an integrated wardrobe system. Recently installed is a new heating system which is fully electric and controlled via an app. The property also benefits from high ceilings and shared underground cellar storage. Outside is allocated parking. The apartment has a long lease and a share of the freehold. There are 961 years remaining on the lease, the service charge is £1680 per annum and there is no ground rent. Council Tax Band B. EPC Exempt. 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. **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: All properties are available for a minimum of six months, with the exception of short term accommodation. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any 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. IST240292/5 ## Property Photos - ![Picture No. 12](/listings/photos/161289056/404804) - Picture No. 12 - ![Picture No. 09](/listings/photos/161289056/404805) - Picture No. 09 - ![Picture No. 07](/listings/photos/161289056/404806) - Picture No. 07 - ![Picture No. 06](/listings/photos/161289056/404807) - Picture No. 06 - ![Picture No. 05](/listings/photos/161289056/404808) - Picture No. 05 - ![Picture No. 08](/listings/photos/161289056/404809) - Picture No. 08 - ![Picture No. 03](/listings/photos/161289056/404810) - Picture No. 03 - ![Picture No. 04](/listings/photos/161289056/404811) - Picture No. 04 - ![Picture No. 14](/listings/photos/161289056/404812) - Picture No. 14 - ![Picture No. 11](/listings/photos/161289056/404813) - Picture No. 11 ## Floorplans - ![Floorplan](/listings/photos/161289056/404814) - Floorplan ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | OLD COURT HOUSE 1 CHAPEL HILL, STANSTED, UTTLESFORD, ESSEX, CM24 8AE | £230,000 | 16/01/2026 | Flat | | OLD COURT HOUSE 1 CHAPEL HILL, STANSTED, UTTLESFORD, ESSEX, CM24 8AE | £195,000 | 30/06/2017 | Flat | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | [Same street] 53 CHAPEL HILL, STANSTED, UTTLESFORD, ESSEX, CM24 8AE | £1,075,000 | 24/07/2025 | Semi-detached | | [Same street] OLD COURT HOUSE 5 CHAPEL HILL, STANSTED, UTTLESFORD, ESSEX, CM24 8AE | £178,000 | 25/10/2023 | Flat | | [Same street] OLD COURT HOUSE 3 CHAPEL HILL, STANSTED, UTTLESFORD, ESSEX, CM24 8AE | £195,000 | 08/04/2022 | Flat | | [Same street] OLD COURT HOUSE 2 CHAPEL HILL, STANSTED, UTTLESFORD, ESSEX, CM24 8AE | £200,000 | 10/12/2021 | Flat | | [Same street] OLD COURT HOUSE 6 CHAPEL HILL, STANSTED, UTTLESFORD, ESSEX, CM24 8AE | £243,000 | 20/07/2021 | Flat | **Street average:** £378,200 (5 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £261,500 (4 Flat, CM24, 2024–2026) - **Deviation:** -10.1% ## Rental Range *ONS Price Index of Private Rents (Uttlesford). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,154/mo - **Realistic:** £1,282/mo - **Optimistic:** £1,410/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Harlow & Stortford (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £808/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 1 Bed Flat, Chapel Hill, CM24 | £1,200/mo | 1 | 0.04 miles | OpenRent | | Studio Flat, Bayford Way, CM24 | £750/mo | 1 | 0.68 miles | OpenRent | **Average rent: £975/mo (2 listings)** ## 1% Rule - **Rent ratio:** 0.41% (weak for cashflow) - **Max investor price (0.8%):** £121,875 - **Target investor price (1%):** £97,500 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £975/mo).* - **Gross yield:** 5% - **Cost-to-rent:** 20.1× - **Monthly cashflow:** £-73/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -1.3% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 17.5% - **10y growth:** 20.5% ## House Price Index (HM Land Registry) *Official index for Uttlesford; Flats and maisonettes series; as of March 2026.* - **1y growth (index):** -6.2% - **5y growth (index):** -1.8% - **10y growth (index):** 10.8% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)