3 Bed Detached House, Planning Permission, Bishop's Stortford, CM22 6TA, £975,000

Bullocks Lane, Hope End, Takeley, Bishop's Stortford, CM22 6TA - 2 views - 20 days ago

Planning
ROI: 2%
~93 m²
+23 photos

ValuationOvervalued

Sold Prices£315K - £580K
Sold Prices/m²£3.4K/m² - £6K/m²

 

 

Square Metres

~93 m²
Price/m²£10.5K/m²

Value Estimate

£403,316

 

 

End Value (After Refurb)

£585,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£243,750

Stamp Duty & Legal Fees

£69,200

Refurb Costs

£44,800

Bridging Loan Interest

£25,594

Total Cash In

£385,094

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£585,000

Mortgage (After Refinance)

£438,750

Mortgage LTV

75%

Cash Left In

£385,094

Equity

£146,250

Rent Range

£1,200 - £4,199

Rent Estimate

£2,955

Running Costs/mo

£2,439

Cashflow/mo

£516

Cashflow/yr

£6,191

ROI

2%

Gross Yield

4%

Local Sold Prices

27 sold prices from £315K to £580K, average is £380K. £3.4K/m² to £6K/m², average is £4.3K/m².

PriceDateDistanceAddressBeds 
£388.5K06/210.51 mi7, Foxwood Gardens, Little Canfield, Dunmow, Essex CM6 1DD3
£388.5K06/210.51 mi7, Foxwood Gardens, Little Canfield, Dunmow, Essex CM6 1DD3
£365K01/210.57 miThe Willows, Dunmow Road, Little Canfield, Dunmow, Essex CM6 1TA3
£425K12/220.62 mi17, Hubberd Road, Little Canfield, Dunmow, Essex CM6 1GW3
£377.5K06/210.64 mi11, Clarendon Road, Little Canfield, Dunmow, Essex CM6 1GA3
£380K03/230.64 mi15, Clarendon Road, Little Canfield, Dunmow, Essex CM6 1GA3
£340K06/210.64 mi10, Clarendon Road, Little Canfield, Dunmow, Essex CM6 1GA3
£345K06/210.64 mi15, Clarendon Road, Little Canfield, Dunmow, Essex CM6 1GA3
£365K07/210.67 mi4, Wintershutt Road, Little Canfield, Dunmow, Essex CM6 1GE3
£420K06/210.67 mi1, Hamilton Road, Little Canfield, Dunmow, Essex CM6 1SY3
£340K03/210.72 mi6, Stokes Road, Little Canfield, Dunmow, Essex CM6 1FG3
£580K09/220.79 miConiston, Jacks Lane, Takeley, Bishop's Stortford, Essex CM22 6NT3
£315K02/210.82 mi11, St Valery, Takeley, Bishop's Stortford, Essex CM22 6RY3
£468K11/200.84 miThe Chestnuts, Green Street, Great Canfield, Dunmow, Essex CM6 1LE3
£390K10/220.84 mi24, Sycamore Close, Takeley, Bishop's Stortford, Essex CM22 6QA3
£400K06/230.87 mi18, Saffron Way, Little Canfield, Dunmow, Essex CM6 1HF3
£350K05/210.88 mi56, Long Croft, Takeley, Bishop's Stortford, Essex CM22 6RX3
£475K11/220.88 mi42, Long Croft, Takeley, Bishop's Stortford, Essex CM22 6RX3
£370K12/220.88 mi12, Elm Close, Takeley, Bishop's Stortford, Essex CM22 6SF3
£375K02/230.88 mi28, Long Croft, Takeley, Bishop's Stortford, Essex CM22 6RT3
£475K05/210.93 mi39, Roseacres, Takeley, Bishop's Stortford, Essex CM22 6QZ3
£495K01/230.93 mi48, Roseacres, Takeley, Bishop's Stortford, Essex CM22 6QZ3
£380K01/230.97 mi38, Hawthorn Close, Takeley, Bishop's Stortford, Essex CM22 6SD3
£325K03/210.97 mi16, Hawthorn Close, Takeley, Bishop's Stortford, Essex CM22 6SD3
£385K12/200.97 mi10, Hawthorn Close, Takeley, Bishop's Stortford, Essex CM22 6SD3
£345K12/200.97 mi7, Hawthorn Close, Takeley, Bishop's Stortford, Essex CM22 6SD3
£365K04/210.97 mi28, Hawthorn Close, Takeley, Bishop's Stortford, Essex CM22 6SD3

Local Rents

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

RentDateDistanceAddressBeds 
£3,40012/240.4 miCanfield Road, Takeley5
£4,19912/240.55 mi-3
£4,19911/240.55 mi-3
£4,00002/250.55 mi-3
£3,99902/250.55 mi-3
£2,20012/240.71 miHaddesley Road, Little Canfield, Dunmow, Essex, CM64
£1,79503/250.86 mi-4
£1,60012/241.23 miGarnetts, Takeley, CM223
£1,20012/241.6 miBambers Green, Takeley, CM222

Local Area Statistics

Population in CM22

13,712

Population in Bishop's Stortford

54,088

Town centre distance

5.10 miles away

Nearest school

0.70 miles away

Nearest train station

2.28 miles away

 

 

Rental growth (12m)

+4%

Sales demand

Buyer's market

Capital growth (5yrs)

+4%

Property History

Listed for £975,000

February 25, 2025

Floor Plans

Description

  • Three Double Bedrooms +
  • Newly Constructed Detached Country Home +
  • Detached Home Office +
  • Double Garage With Gated Driveway Parking +
  • Wraparound Gardens +
  • High Specification Finish +
  • Modern Living Layout +
  • Abundance Of Natural Light Throughout +
  • No Onward Chain +
  • Quiet Country Location +

*No Onward Chain*Located in the quiet hamlet of "Hope End Green" is this stunning three double bedroom detached country home that has been constructed and finished to the highest standard throughout. Accessed via electric gates is a generous driveway leading to a double garage and a detached ultra modern home office/studio with covered veranda. The property offers a modern living layout with an elegant style finish and an abundance of natural light. Externally the property further benefits from landscaped wraparound gardens with a covered seating area and is fully enclosed brick walls & estate fencing. Planning permission has been granted for a single storey rear extension Ref:- UTT/23/0448/HHF.

The Property - Accessed via a partly stained glass front door is a spacious L-shaped entrance hall with bi-folding doors leading to the covered seating area, stairs rising to the first floor landing, opening to kitchen and double sliding doors to the living room. The living room has a continuation of the beautiful tiled flooring from the entrance hall with an additional set of bi-folding doors leading to the covered seating area, media wall with extensive shelving and benefits from and abundance of natural light from a large window to side aspect. The bespoke kitchen has been meticulously designed to cater for modern needs whilst retaining a country home style which is epitomised with the AGA & Butler sink with Victorian style taps. Open to the kitchen is a fantastic entertaining space with a handmade media wall, bi-folding doors with bespoke blinds leading to a secondary covered seating area with the continuation of the tiled flooring. A well-equipped utility room is tucked away off the kitchen and is accessed via double doors matching the kitchen units. A cloakroom is well-positioned off the entrance hall. To the first floor are three well-proportioned bedrooms with en-suite facilities to the principal bedroom and a family shower room. The two main bedrooms benefit from vaulted ceilings with full height window & fitted shutters, a range of fitted wardrobes and wood effect flooring. A luxurious en-suite is accessed off the principal bedroom with high standard fittings. The third bedroom has been converted into a dressing room with two banks of full height wardrobes. A family shower room is accessed off the landing serving bedroom two & three. The shower room has been finished to the same high standard as the en-suite.

Detached Home Office - To the side of the property is a detached home office/studio. The home office/studio boasts a vaulted ceiling, tiled flooring with underfloor heating, power points, lighting and black Aluminium heritage style windows & French doors. A store room is accessed off the home office/studio via a sliding door. To the front is a tiled Veranda area with stone walls & ceiling, tiled flooring, electric roller shutter door providing extra security and relief from adverse weather conditions.

Double Garage With Gated Driveway Parking - To the front of the property is a detached double garage with electric roller shutter door, power, lighting and a pitched roof for storage. The generous tarmac driveway provides parking for several vehicles and is is accessed via electric wrought iron gates with intercom system.

Wraparound Gardens - The beautifully landscaped walled gardens wraparound the property proving various seating areas and formal lawns. To the rear of the property are two covered seating areas with an additional patio section. The gardens further benefit from an outside toilet, side access to both elevations via wrought iron gates, extensive feature lighting and an outside water tap.

Specification - Seven Years Remaining On New Build Warranty
Underfloor Heating Throughout
Air Source Heat Pump Heating
Bespoke Fitted Kitchen With Appliances
Tiled Flooring Throughout The Ground Floor
Fitted Shutters & Fitted Blinds
Modern Styled Bathrooms
LED Light Fittings
Bi-Folding Doors
External Lighting
Electric Car Charging Point
Estate Fencing & Brick Walls

Agents Notes - Planning permission granted for a single storey rear extension. Please visit Uttlesford District Council Website and use the planning reference UTT/23/0448/HHF.

Agent Details

Daniel Brewer Estate Agents, Essex

01371 708267

Next Steps?

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