4 Bed HMO, Bishop's Stortford, CM23 2DN £400,000

Masterman Wharf, Bishop's Stortford, Hertfordshire, CM23 2DN - 6 views - 8 months ago
HMO
ROI: 4%
~129 m²
Property image

ValuationUndervalued

Sold Prices£395K - £1.4M
Sold Prices/m²£2.7K/m² - £9.7K/m²

 

 

Square Metres

~129.26 m²
Price/m²£3.1K/m²

Value Estimate

£531,250
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£100,000

Stamp Duty & Legal Fees

£31,200

Total Cash In

£131,200

 

 

Cash Out

 

Room Rate

£719

Gross Rent

£2,876

Running Costs/mo

£2,368

Cashflow/mo

£508

Cashflow/yr

£6,099

ROI

5%

Gross Yield

9%

Local Sold Prices

50 sold prices from £395K to £1.4M, average is £659K. £2.7K/m² to £9.7K/m², average is £5.2K/m².

Price
Date
Distance
Address
Beds
 
£840K04/230.2 mi46, Portland Road, Bishop's Stortford, Hertfordshire CM23 3SJ4
£615K05/250.24 mi3, Red Close, Bishop's Stortford CM23 5FG4
£615K05/250.24 mi3, Red Close, Bishop's Stortford CM23 5FG4
£720K06/210.26 mi6, Sandle Road, Bishop's Stortford, Hertfordshire CM23 5HY4
£775K08/250.29 mi12, Windhill, Bishop's Stortford CM23 2NG4
£795K01/230.33 mi14, Crescent Road, Bishop's Stortford, Hertfordshire CM23 5JU4
£745K08/250.35 mi1, Newbury Close, Bishop's Stortford CM23 2RA4
£1.2M04/230.37 mi14a, Northgate End, Bishop's Stortford, Hertfordshire CM23 2EU4
£887.5K07/230.37 mi3, Regency Close, Bishop's Stortford, Hertfordshire CM23 2NP4
£575K06/210.38 mi8, The Chase, Bishop's Stortford, Hertfordshire CM23 3HT4
£425K03/250.42 mi11, Elm Grove, Bishop's Stortford CM23 5JB4
£660K11/210.44 mi32, Havers Lane, Bishop's Stortford, Hertfordshire CM23 3PB4
£1.1M01/230.45 mi34, Foxley Drive, Bishop's Stortford, Hertfordshire CM23 2EB4
£620K06/210.47 mi49, The Stewarts, Bishop's Stortford, Hertfordshire CM23 2NU4
£725K06/250.49 mi109, Stansted Road, Bishop's Stortford CM23 2AL4
£725K06/250.49 mi109, Stansted Road, Bishop's Stortford CM23 2AL4
£477.5K03/250.5 mi188, Stortford Hall Park, Bishop's Stortford CM23 5AS4
£535K06/210.51 mi146, Stortford Hall Park, Bishop's Stortford, Hertfordshire CM23 5AP4
£580K06/230.52 mi1, Great Eastern Close, Bishop's Stortford, Hertfordshire CM23 5JP4
£600K01/230.52 mi35a, Elm Road, Bishop's Stortford, Hertfordshire CM23 2SS4
£699K11/210.53 mi102, Stortford Hall Park, Bishop's Stortford, Hertfordshire CM23 5AN4
£580K04/230.54 mi1a, Rhodes Avenue, Bishop's Stortford, Hertfordshire CM23 3JL4
£605K06/230.58 mi10, Boundary Road, Bishop's Stortford, Hertfordshire CM23 5LE4
£658K03/250.58 mi1, Boundary Road, Bishop's Stortford CM23 5LE4
£790K08/230.58 mi10, The Sycamores, Bishop's Stortford, Hertfordshire CM23 5JR4
£492K06/230.59 miHill House, 1a, Parsonage Lane, Bishop's Stortford, Hertfordshire CM23 5AA4
£640K06/210.59 mi55, Church Manor, Bishop's Stortford, Hertfordshire CM23 5AF4
£605K03/230.59 mi48, Hallingbury Road, Bishop's Stortford, Hertfordshire CM23 5LA4
£607.5K03/250.61 mi19, Church Manor, Bishop's Stortford CM23 5AF4
£750K05/230.62 mi78, Thorley Hill, Bishop's Stortford, Hertfordshire CM23 3NB4
£870K07/230.64 mi7, Willow Close, Bishop's Stortford, Hertfordshire CM23 2RY4
£675K12/220.66 mi28, Lindsey Road, Bishop's Stortford, Hertfordshire CM23 2TA4
£395K12/240.67 mi84, Cavell Drive, Bishop's Stortford CM23 5PX4
£1.4M06/210.68 mi30, Maze Green Road, Bishop's Stortford, Hertfordshire CM23 2PJ4
£825K05/230.69 mi43, The Hedgerows, Bishop's Stortford, Hertfordshire CM23 5FD4
£450K01/230.69 mi34, Chinnery Hill, Bishop's Stortford, Hertfordshire CM23 3PS4
£450K06/230.69 mi5, Chinnery Hill, Bishop's Stortford, Hertfordshire CM23 3PS4
£480K07/230.71 mi85, Wentworth Drive, Bishop's Stortford, Hertfordshire CM23 2PD4
£490K05/210.71 mi15, Mill Croft, Bishop's Stortford, Hertfordshire CM23 2BP4
£850K03/250.71 mi207, Stansted Road, Bishop's Stortford CM23 2AP4
£662K11/220.71 mi137, Cannons Close, Bishop's Stortford, Hertfordshire CM23 2BL4
£1.1M05/230.72 mi43, Maze Green Road, Bishop's Stortford, Hertfordshire CM23 2PG4
£897.5K05/230.72 mi14, Matching Lane, Bishop's Stortford, Hertfordshire CM23 2PP4
£464K07/210.74 mi39, Lower Park Crescent, Bishop's Stortford, Hertfordshire CM23 3PU4
£820K12/240.75 mi4, Haycroft, Bishops Stortford CM23 5JL4
£650.5K06/210.76 mi26, Heath Row, Bishop's Stortford, Hertfordshire CM23 5DE4
£555K03/250.76 mi2, Linkside Road, Bishop's Stortford CM23 5LP4
£665K12/220.76 mi7, Manston Drive, Bishop's Stortford, Hertfordshire CM23 5EJ4
£755K08/250.78 mi9, Norris Close, Bishops Stortford CM23 5RE4
£475K06/210.78 mi15, The Nobles, Bishop's Stortford, Hertfordshire CM23 4HG4

Local Area Statistics

Population in CM23

40,374

Population in Bishop's Stortford

54,088

Town centre distance

0.15 miles away

Nearest school

0.20 miles away

Nearest train station

0.21 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Seller's market

Capital growth (5yrs)

+18%

Property History

Price changed to £400,000

June 12, 2025

Listed for £425,000

March 21, 2025

Description

Call to book your viewing!

A rare investment opportunity, this spacious 4-bedroom townhouse is sold as a fully compliant HMO, making it perfect for investors seeking strong rental returns. Boasting stunning views of the River Stort, a prime town centre location, and private parking, this property offers modern interiors, excellent transport links, and no onward chain.

Key Features:

*Sold as an HMO – Turnkey Investment Opportunity

*Four Spacious Bedrooms

*Breathtaking River Stort Views

*Prime Town Centre Location – Walk to Shops, Parks & Schools

*Private Off-Road Parking

*Juliette Balcony with Stunning Views

*Low-Maintenance Patio Garden Extending to the River

*Minutes from Bishop’s Stortford Station (Direct to London Liverpool Street)

*No Onward Chain – Ready to Go!

Full Description:

This charming riverside townhouse is a dream investment. Featuring bright, modern interiors with great proportions, it’s perfect for tenants seeking convenience and comfort.

The first floor living area is a standout feature, with a Juliette balcony overlooking the River Stort, flooding the space with natural light. The ground floor includes a versatile fourth bedroom, a bathroom, and a utility room, while upstairs, you’ll find a modern kitchen, a family shower room, and three further well-sized bedrooms.

Outside, the low-maintenance patio garden leads directly to the river, creating a tranquil retreat for tenants. Private off-road parking is an added bonus, a rare find in this unbeatable town centre location.

Situated just moments from Bishop’s Stortford Station, the property provides fast connections to London Liverpool Street, making it highly desirable for professionals and students. With local shops, restaurants, parks, and schools just a short stroll away, this is a prime HMO investment with outstanding rental demand.

Don’t miss out! Contact Leaders Romans Group today to arrange a viewing!

Agent Details

Leaders Sales, Bishop Stortford

01299 667833

Next Steps?

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