Cavell Drive, Bishop's Stortford, Hertfordshire
- PROPERTY TYPE
Terraced
- BEDROOMS
4
- BATHROOMS
2
- SIZE
1,550 sq ft
144 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Spacious 4/5 bedroom family home with 1,550 sqft of living space.
- Convenient location within walking distance to town centre, train station, and good schools.
- Large kitchen/diner, perfect for family gatherings and socialising.
- Versatile lounge with Juliette balcony, which can be used as a fifth bedroom.
- Master bedroom with built-in storage and en-suite shower room.
- Ultra-low maintenance rear garden with decked seating area and shed.
- Tandem garage offers parking, storage, and potential for conversion.
- Investment potential with HMO configuration, offering a yield of up to 8.8%.
Description
Upon entering, the large entrance hall provides a welcoming feel, with access to the tandem garage on the left, and to the right, the heart of the home – a spacious kitchen/diner. This family-friendly room is ideal for socialising, with ample space for a large dining table. A handy downstairs cloakroom is also located on the ground floor for added convenience.
The first floor features a versatile lounge, which could alternatively be used as a fifth bedroom. This room is filled with natural light, enhanced by a Juliette balcony. Also on this level is the master bedroom, which boasts generous built-in storage and an en-suite shower room, as well as a fourth bedroom. The second floor offers two further beautifully decorated, spacious bedrooms, a family bathroom, and a useful airing cupboard in the hallway.
Outside, the low-maintenance rear garden provides a great space to relax, featuring a decked seating area, shingle, and storage shed. The tandem garage not only offers parking and storage but is also utilised as a utility area for white goods. Additional on-street parking is available as well.
For those looking for investment potential, this property offers flexibility. The lounge can easily serve as a fifth bedroom, and the tandem garage has the potential to be converted into an additional living space or a sixth bedroom if rented as an HMO. With the potential to generate an income of £46,000 per annum as a 5-bedroom HMO, this home could deliver an approximate rental yield of 8.8% based on a purchase price of £525,000.
This property provides an excellent opportunity for both families and investors, combining versatility, space, and a prime location in Bishop’s Stortford.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Cavell Drive, Bishop's Stortford, Hertfordshire
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About Willmott & Lake, Bishop's Stortford
23 Hockerill Street, Bishop's Stortford, CM23 2DH
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