3-bedroom terraced house · CM23 5PZ
Let agreedListed 39 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are pleased to offer for let this bright-and-airy 3 bedroom house located within the popular Cavell Drive development.
The ground floor of the property comprises of a hallway with staircase leading to all ground floor rooms, a modern kitchen with integrated appliances including a fridge/freezer, electric oven, gas hob, dishwasher and washing machine, a downstairs toilet and a spacious lounge/diner which benefits from 2 large storage cupboards and door opening on to a pleasant rear garden.
The first floor comprises of a good size double bedroom with fitted wardrobes, a second double bedroom, a good size third bedroom overlooking the garden and a bathroom which benefits from a shower over the bath.
Externally, there is a good size front garden, a pleasant rear garden and back gate which offers access to the 2 allocated parking spaces.
The property is within walking distance of Bishops Stortford town centre, train station and bus terminal offering great transport links - there are also local bus stops close by.
The property is also close to preferred schools. Please do not hesitate to contact us should you have any queries.
TENANCY COSTS 1 Month Rent in Advance - £1,950.00 Security Deposit - £2,250.00 Holding Deposit - £450.00 (Refundable Against 1st Months Rent)
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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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 Cavell Drive, Bishop's Stortford, Hertfordshire, CM23
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