3 Bed Detached House, Single Let, Bishop's Stortford, CM22 6FU, £450,000

Godfrey Crescent, Takeley, Bishop's Stortford, Essex, CM22 6FU - 4 months ago

BTL
~93 m²
+16 photos

ValuationOvervalued

Sold Prices£265K - £580K
Sold Prices/m²£3.4K/m² - £6K/m²

 

 

Square Metres

~93 m²
Price/m²£4.8K/m²

Value Estimate

£401,785

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£24,700

Total Cash In

£137,200

 

 

Cash Out

 

Rent Range

£1,200 - £4,199

Rent Estimate

£1,600

Running Costs/mo

£1,746

Cashflow/mo

£-146

Cashflow/yr

£-1,755

Gross Yield

4%

Local Sold Prices

32 sold prices from £265K to £580K, average is £378.8K. £3.4K/m² to £6K/m², average is £4.3K/m².

PriceDateDistanceAddressBeds 
£388.5K06/210.47 mi7, Foxwood Gardens, Little Canfield, Dunmow, Essex CM6 1DD3
£388.5K06/210.47 mi7, Foxwood Gardens, Little Canfield, Dunmow, Essex CM6 1DD3
£425K12/220.5 mi17, Hubberd Road, Little Canfield, Dunmow, Essex CM6 1GW3
£365K07/210.53 mi4, Wintershutt Road, Little Canfield, Dunmow, Essex CM6 1GE3
£365K01/210.54 miThe Willows, Dunmow Road, Little Canfield, Dunmow, Essex CM6 1TA3
£377.5K06/210.6 mi11, Clarendon Road, Little Canfield, Dunmow, Essex CM6 1GA3
£380K03/230.6 mi15, Clarendon Road, Little Canfield, Dunmow, Essex CM6 1GA3
£340K06/210.6 mi10, Clarendon Road, Little Canfield, Dunmow, Essex CM6 1GA3
£345K06/210.6 mi15, Clarendon Road, Little Canfield, Dunmow, Essex CM6 1GA3
£390K10/220.65 mi24, Sycamore Close, Takeley, Bishop's Stortford, Essex CM22 6QA3
£315K02/210.66 mi11, St Valery, Takeley, Bishop's Stortford, Essex CM22 6RY3
£580K09/220.66 miConiston, Jacks Lane, Takeley, Bishop's Stortford, Essex CM22 6NT3
£420K06/210.68 mi1, Hamilton Road, Little Canfield, Dunmow, Essex CM6 1SY3
£370K12/220.7 mi12, Elm Close, Takeley, Bishop's Stortford, Essex CM22 6SF3
£340K03/210.7 mi6, Stokes Road, Little Canfield, Dunmow, Essex CM6 1FG3
£350K05/210.71 mi56, Long Croft, Takeley, Bishop's Stortford, Essex CM22 6RX3
£475K11/220.71 mi42, Long Croft, Takeley, Bishop's Stortford, Essex CM22 6RX3
£375K02/230.72 mi28, Long Croft, Takeley, Bishop's Stortford, Essex CM22 6RT3
£475K05/210.76 mi39, Roseacres, Takeley, Bishop's Stortford, Essex CM22 6QZ3
£495K01/230.76 mi48, Roseacres, Takeley, Bishop's Stortford, Essex CM22 6QZ3
£380K01/230.78 mi38, Hawthorn Close, Takeley, Bishop's Stortford, Essex CM22 6SD3
£325K03/210.78 mi16, Hawthorn Close, Takeley, Bishop's Stortford, Essex CM22 6SD3
£385K12/200.78 mi10, Hawthorn Close, Takeley, Bishop's Stortford, Essex CM22 6SD3
£345K12/200.78 mi7, Hawthorn Close, Takeley, Bishop's Stortford, Essex CM22 6SD3
£365K04/210.78 mi28, Hawthorn Close, Takeley, Bishop's Stortford, Essex CM22 6SD3
£400K06/230.81 mi18, Saffron Way, Little Canfield, Dunmow, Essex CM6 1HF3
£325K10/200.87 mi1, South Road, Takeley, Bishop's Stortford, Essex CM22 6RB3
£355K05/230.9 mi4, East View, Takeley, Bishop's Stortford, Essex CM22 6RE3
£265K06/210.92 mi23, North Road, Takeley, Bishop's Stortford, Essex CM22 6RG3
£468K11/200.93 miThe Chestnuts, Green Street, Great Canfield, Dunmow, Essex CM6 1LE3
£460K01/210.99 mi66, Garnetts, Takeley, Bishop's Stortford, Essex CM22 6RN3
£386.5K05/210.99 mi65a, Garnetts, Takeley, Bishop's Stortford, Essex CM22 6RN3

Local Rents

9 rents from £1.2K/mo to £4.2K/mo, average is £3.4K/mo.

RentDateDistanceAddressBeds 
£3,40012/240.25 miCanfield Road, Takeley5
£4,19912/240.5 mi-3
£4,19911/240.5 mi-3
£4,00002/250.5 mi-3
£3,99903/250.5 mi-3
£1,79503/250.69 mi-4
£2,20012/240.7 miHaddesley Road, Little Canfield, Dunmow, Essex, CM64
£1,60012/241.05 miGarnetts, Takeley, CM223
£1,20012/241.56 miBambers Green, Takeley, CM222

Local Area Statistics

Population in CM22

13,712

Population in Bishop's Stortford

54,088

Town centre distance

4.92 miles away

Nearest school

0.60 miles away

Nearest train station

2.14 miles away

 

 

Rental growth (12m)

+4%

Sales demand

Buyer's market

Capital growth (5yrs)

+4%

Property History

Listed for £450,000

December 16, 2024

Description

  • 3 Bedroom Link Detached Property +
  • Bathroom & Ensuite +
  • Garden +
  • Driveway +
  • Potential Rental Income £1600 PCM +
  • Council Tax Band D +
  • EPC Rating B +

A very well presented three bedroom link detached property on a popular development with easy accessibility to Bishop's Stortford, M11 and mainline railway stations. Accommodation comprises entrance hall, WC, modern kitchen and extended reception room creating a large living area. On the first floor there are three bedrooms, an ensuite and a family bathroom. Externally there is a lawned rear garden, a garden with studio and driveway to the front and side.

Council Tax Band D. EPC Rating B.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum of six months, with the exception of short term accommodation. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
BUYERS INFORMATION

To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers. We use the services of a third party, Lifetime Legal, who will contact you directly at an agreed time to do this. They will need the full name, date of birth and current address of all buyers. There is a nominal charge of £60 plus VAT for this (for the transaction not per person), payable direct to Lifetime Legal. Please note, we are unable to issue a memorandum of sale until the checks are complete.

REFERRAL FEES

We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying. We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider. The ancillary service provider may be an associated company of Intercounty.'

IBS240620/5

Agent Details

Intercounty, Stansted

01279 594576

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪