3-bedroom terraced house · CM23 5PR
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide £400,000 - £425,000 location If you commute into London or work at Stansted, this is a hard location to beat.
Bishop’s Stortford station is around a 10 minute walk away, with direct trains into London Liverpool Street and up to Cambridge, whilst Stansted Airport is only a short hop by train. Driving?
Junction 8 of the M11 is around five minutes away. Day to day, the town centre and its shops, cafés and restaurants are around a 15 minute walk, and there’s an Aldi on London Road.
For families, Thorn Grove Primary School is practically round the corner, with The Hertfordshire and Essex High School and Hockerill Anglo-European College both being within walking distance, and there are gp surgeries right on your doorstep at the Herts and Essex Hospital.
Overview of accommodation The house sits at the end of a small block paved courtyard.
The front door opens into the Entrance Hall, which has stairs rising to the first floor, a storage cupboard and doors to the Downstairs W/C, Kitchen and Lounge.
The Downstairs W/C has a toilet and washbasin, with a window to the front. The Kitchen faces front and is fitted with a range of white gloss wall and base units with dark worktops.
It has an integrated oven, gas hob and extractor, space for a fridge/freezer and room for a small table. The Lounge runs across the back of the house.
It has French doors out to the Rear Garden and a built in storage cupboard, and there’s plenty of room for sofas and a table. On the first floor there are two double bedrooms and the Bathroom.
The bedroom at the front is a great sized double with a built in cupboard, whilst the rear facing double looks out over the trees behind the house.
The Bathroom is fitted with a white suite, with a bath and shower over, a vanity washbasin and a toilet.
The second floor is given over to the third Bedroom, a front facing double with its own En-Suite Shower Room. The En-Suite has a shower cubicle, toilet and washbasin.
There’s also some eaves storage space. Outside, the Rear Garden has a patio area directly outside the French doors, with the rest laid to lawn and enclosed by panel fencing, backing onto mature trees.
Being an end of terrace, there’s gated side access, so you can bring things in and out of the garden without going through the house. The house comes with one allocated parking space.
In our view, this would suit anyone who needs to be close to the station or the M11. It is also a genuinely strong buy for an investor.
Investment potential This house was previously let as a four bed HMO, returning circa £32,500 per annum.
It is now being sold with vacant possession, so you can choose your own strategy, whether that’s a family let or a return to HMO use.
Anyone looking to run it as an HMO should check the current licensing and planning requirements with East Hertfordshire District Council.
Agents note We are legally obliged to carry out Anti Money Laundering checks on behalf of hmrc on persons or companies trying to buy a property through us.
A non-refundable charge of £48 including VAT (for up to two people) is therefore required when you have an offer accepted on a property through us.
Disclaimer With approximate measurements these particulars have been prepared in good faith by the selling agent in conjunction with the vendor(s) with the intention of providing a fair and accurate guide to the property.
However, they do not constitute or form part of an offer or contract nor may they be regarded as representations, all interested parties must themselves verify their accuracy.
No tests or checks have been carried out in respect of heating, plumbing, electric installations or any type of appliances which may be included.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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