Chapel Street

PROPERTY OVERVIEW

• Address: 27 Chapel Street, Steeple Bumpstead, Essex, CB9 7DQ
• Property Type:  Two-bedroom mid-terraced house
• Tenure:  Freehold
• Asking Price: £195,000

INVESTMENT SUMMARY

• Current Rental Income: £1,025 pcm  (£12,300 per annum)
• Gross Yield: 6.3%
• Tenant Status: Tenant in situ – in occupation for approximately one year

This property represents a genuinely compelling investment proposition. With a gross yield of 6.3%, it comfortably outperforms the current UK average buy-to-let yield of approximately 5%, offering strong returns from day one. There is no void period to contend with, no costs associated with finding a new tenant, and no delays, rental income begins immediately upon completion.

The existing tenancy provides immediate stability, with a reliable tenant already settled in the property for over a year. For an investor looking for a hassle-free acquisition that starts generating income from the moment the keys are handed over, this is exactly that.

LOCATION

Steeple Bumpstead is a well-regarded village on the Essex and Suffolk border, situated approximately 10 miles from Saffron Walden, 20 miles from Cambridge and within easy reach of Haverhill. The area benefits from strong rental demand, good local amenities, and a stable tenant base — all key factors in sustaining long-term rental income and capital value.

WHY INVEST?

• 6.3% gross yield – above the UK national average
• Tenant in situ – immediate rental income from day one
• Freehold – no ground rent or service charge liabilities
• Council Tax Band B – low running costs for tenants
• Pre-1900 character property with enduring appeal
• Established village location with consistent rental demand

Opportunities like this, where yield, tenure security, and a sitting tenant combine, are increasingly rare in the current market. We would strongly encourage early enquiries to avoid disappointment.