2-bedroom terraced house · CB9 7DQ
Listing removedListed 184 days
Opportunity summary
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About
PROPERTY OVERVIEW Address: 27 Chapel Street, Steeple Bumpstead, Essex, CB9 7DQ Property Type: Two-bedroom mid-terraced house Tenure: Freehold Asking Price: £195,000 INVESTMENT SUMMARY Current Rental Income: £1,025 pcm (£12,300 per annum) Gross Yield: 6.3% Tenant Status: Tenant in situ - in occupation for approximately one year This property represents a genuinely compelling investment proposition.
With a gross yield of 6.3%, it comfortably outperforms the current UK average buy-to-let yield of approximately 5%, offering strong returns from day one.
There is no void period to contend with, no costs associated with finding a new tenant, and no delays, rental income begins immediately upon completion.
The existing tenancy provides immediate stability, with a reliable tenant already settled in the property for over a year.
For an investor looking for a hassle-free acquisition that starts generating income from the moment the keys are handed over, this is exactly that.
LOCATION Steeple Bumpstead is a well-regarded village on the Essex and Suffolk border, situated approximately 10 miles from Saffron Walden, 20 miles from Cambridge and within easy reach of Haverhill.
The area benefits from strong rental demand, good local amenities, and a stable tenant base — all key factors in sustaining long-term rental income and capital value. WHY INVEST?
6.3% gross yield - above the UK national average Tenant in situ - immediate rental income from day one Freehold - no ground rent or service charge liabilities Council Tax Band B - low running costs for tenants Pre-1900 character property with enduring appeal Established village location with consistent rental demand Opportunities like this, where yield, tenure security, and a sitting tenant combine, are increasingly rare in the current market.
We would strongly encourage early enquiries to avoid disappointment.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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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 27, Chapel Street, Steeple Bumpstead, Essex
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