4-bedroom detached house · CM23 4GF
Sold STCListed 158 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £900,000 - £950,000 An immaculately presented family home on the popular development of St Michaels Mead.
Drovers Way is within easy walking distance of local amenities, well-regarded schooling, and the picturesque Southern Country Park.
The town centre of Bishop's Stortford is within walking distance, or a short drive, and offers shops, restaurants, leisure facilities and the mainline railway station with links to Cambridge, Stansted, Tottenham Hale and London Liverpool Street.
This 'turn key' family home has been well maintained throughout and offers spacious accommodation arranged over two floors and enjoys the benefit of a light and airy open plan kitchen/dining room.
Internally, the entrance hall, with understairs storage and wc, leads to the lounge with a bay fronted window; a fitted boot room and access to the kitchen/dining room.
The fully fitted kitchen/breakfast room with an island/breakfast bar has integrated appliances and a range of base and eye level units; a separate utility room sits off the dining room and an office sits off the kitchen.
Three sets of French doors open up onto the patio entertainment area and garden. Stairs ascend to the first floor landing, four good size bedrooms and a family bathroom with both a bath and shower.
The principal bedroom benefits from a range of fitted wardrobes and an ensuite shower room.
Externally, to the rear the garden is laid to lawn with gravel borders and planting, a composite decked entertainment area and fence surround.
A door leads to the garage and a personal gate leads to the front driveway, which allows parking for a number of vehicles, and access to the entrance of the garage, with storage space over.
Agents Note : We have been advised that planning permission was granted as follows: 3/24/1485/HH Ground floor car port to side of property with first floor side extension above incorporating a front facing dormer, alterations to garage roof incorporating rear facing rooflight windows.
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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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 Drovers Way, Bishop's Stortford, Hertfordshire, CM23
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