2-bedroom house · CM23 3GQ
For saleReduced £10k (−5%) on 23 SepListed 239 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Folio: 15727 This two bedroom mews style property is ideally located in the centre of Bishop’s Stortford town, within walking distance of all of its facilities including shops for all your day-to-day needs, restaurants, cafes, public houses and mainline train station serving London Liverpool Street and Cambridge.
As previously mentioned, 6 Regency Way is a two bedroom, two storey property with a long lease and offering open plan ground floor living with a lounge/dining room open to a fitted kitchen, downstairs WC.
To the first floor there are two bedrooms and a family bathroom. The property benefits from gas fired central heating and double glazing. Potential rental return of £1,000 per calendar month.
Only by internal viewing will this property be fully appreciated.
Front Door UPVC part double glazed multi-locking front door giving access through to: Entrance Hall With a carpeted staircase rising to the first floor, wall mounted double panelled radiator, fitted carpet, door through to: Open Plan Kitchen/Dining/Living Room 21' 7" x 10' 0" (6.58m x 3.05m) with a double glazed window to front, double panelled radiator, TV aerial point, fitted carpet, low voltage downlighting.
Kitchen Area Comprising a stainless steel sink with a mixer tap above and cupboard beneath, further range of matching base and eye level units with a granite worktop over and a tiled splashback surround, four ring gas hob with an oven beneath and a stainless steel extractor hood above, integrated fridge/freezer, recess and plumbing for washing machine, breakfast bar area, space for stools, low voltage downlighting, door giving access to a large under stairs storage cupboard, tiled flooring, door giving access to: Downstairs WC Comprising a button flush WC, pedestal wash hand basin with a monobloc tap above, wall mounted boiler supplying domestic hot water and heating, tiled flooring.
First Floor Landing With a hatch giving access to loft, fitted carpet.
Bedroom 1 13' 6" x 10' 8" (4.11m x 3.25m) with a double glazed window to front, double panelled radiator, TV aerial point, door giving access to built-in cupboard, space for wardrobe, fitted carpet.
Bedroom 2 10' 8" x 6' 8" (3.25m x 2.03m) with a window to rear, wall mounted radiator, fitted carpet.
Bathroom Comprising a panel enclosed bath with hot and cold taps and hand held shower attachment, flush WC, pedestal wash hand basin with a monobloc tap, Velux window, extractor fan, heated towel rail, tiled walls and flooring.
Outside The property benefits from a new communal decked roof terrace with space for tables and chairs. Lease Approximately 130 years remaining. Ground Rent Approximately £230 per annum.
Maintenance Approximately £75 pcm Local Authority East Herts District Council Band ‘C’
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 6 Regency Way, Riverside, Bishop's Stortford
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