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6 bedroom property for sale - Kingfisher Way, Bishops Stortford, Hertfordshire, CM23 - Property View 1
  • 6 bedroom property for sale - Kingfisher Way, Bishops Stortford, Hertfordshire, CM23 - Property View 2
  • 6 bedroom property for sale - Kingfisher Way, Bishops Stortford, Hertfordshire, CM23 - Property View 3
6 bedroom property for sale - Kingfisher Way, Bishops Stortford, Hertfordshire, CM23

£575,000

Asking price

Kingfisher Way, Bishops Stortford, Hertfordshire, CM23

6 bedroom property for sale

  • 6 Beds
  • 2 Baths
  • 2 Receptions

Key Features

  • EPC Rating C

Description

An exceptional opportunity for serious property investors to acquire an established, fully licensed and professionally managed six-bedroom HMO in Bishop’s Stortford, offered as a genuine income-producing investment with 100% occupancy and tenants already in situ.

Please note: This property is being marketed strictly as an investment opportunity and is not being offered for purchase as a conventional family home.

Key Investment Highlights

- Established six-bedroom HMO

- Fully licensed

- 100% occupancy

- Sold as an ongoing concern with tenants in situ

- Income-producing investment from day one

- Three bedrooms with private en-suite facilities

- Additional shared bathroom

- Ground-floor WC

- Large, attractive communal kitchen

- Separate communal dining area

- Good condition throughout

- Professionally managed by Leaders

- Established rental history

- Gross Yield: 8.6%

- Popular location for professional tenants

- Excellent access to Bishop’s Stortford town centre and railway station

- Superb location for Stansted Airport employees and commuters

- Chain free

- Specialist HMO mortgage advice available

A Ready-Made Investment Opportunity

For investors looking to add an established HMO to their portfolio without starting from scratch, 2 Kingfisher Way represents a particularly compelling proposition.

The property has been successfully operated as a six-bedroom House of Multiple Occupation and is fully licensed, fully occupied and already generating rental income, providing the incoming purchaser with the opportunity to acquire an established investment rather than a vacant property requiring conversion, licensing and tenant sourcing. The vendor has owned the property for 9 years and is now retiring.

Importantly, the property is being sold with the existing tenants in situ as an ongoing concern, allowing an investor to benefit from an income-producing asset from the outset, subject to the existing tenancy arrangements.

The current owner has enjoyed ownership of the property for a considerable period, and the accommodation has demonstrated itself to be a practical and financially effective HMO.

The property has also been professionally managed by Leaders, giving prospective purchasers the added benefit of an established management history and the opportunity to discuss continued professional management following completion.

The accommodation is specifically designed for the HMO Market. Internally, the accommodation is particularly well configured for multiple occupation.

There are six individual bedrooms, three of which benefit from their own private en-suite facilities, providing an attractive option for tenants looking for a higher standard of shared accommodation.

The remaining accommodation is supported by a shared bathroom, together with an additional ground-floor WC, helping provide ample facilities across the property.

A major feature is the large, well-fitted communal kitchen, providing generous facilities for multiple occupants. This is complemented by a communal dining area, creating genuine shared living space rather than simply a collection of individual rooms.

The property has been maintained in good condition throughout, helping make this a highly attractive proposition for an investor seeking an established asset rather than an extensive refurbishment project.

Why Bishop’s Stortford Works for HMO Investment

Bishop’s Stortford has long been regarded as one of the area's most desirable and strategically positioned commuter towns, and its combination of employment, transport and lifestyle amenities makes it particularly attractive to the professional rental market.

The town benefits from excellent railway connections towards London Liverpool Street, Stansted Airpor...



Council Tax Band D
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Room Details

Dining room
Room 1
Kitchen
Room 2
Room 1
Room 3
Room 2
Room 4
Room 3
Room 5
Room 4
Room 6
Room 5
Room 7
Room 6
Room 8
Room 6 extra room
Room 9

Location

Kingfisher Way, Bishops Stortford, Hertfordshire, CM23

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