# Garage for rent (CM23 5LE)

## Property Details

| Key | Value |
|-----|-------|
| Address | 4A, BOUNDARY ROAD, BISHOP'S STORTFORD, HERTFORDSHIRE CM23 5LE |
| Price | £150 pcm |
| Last sold | £396,000 Oct 2014 |

## Description

***SINGLE GARAGE AVAILABLE TO LET***

Leaders Bishops Stortford are delighted to offer this garage to let within walking disstance of the train station, located in Boundary Road. The available garage is for storage purposes only and tenants will not be permitted to park a car in front of the garage other than for loading/unloading. Located in a quiet and secluded area.

Please enquire now for further details. 

“Rent excludes the tenancy deposit and any other permitted payments. Please contact us for further information or visit our website.”

## Property Photos

- ![Garage](/listings/photos/166316756/682051) - Garage
- ![Garage Approach](/listings/photos/166316756/682053) - Garage Approach

## Rental Range

*ONS Price Index of Private Rents (East Hertfordshire). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,350/mo
- **Realistic:** £1,500/mo
- **Optimistic:** £1,650/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Harlow & Stortford (Apr 2025 – Mar 2026).*

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Flat, Tanners Wharf, CM23 | £1,650/mo | 2 | 0.08 miles | OpenRent |
| 2 Bed Terraced House, Hugh Villas, CM23 | £1,750/mo | 2 | 0.22 miles | OpenRent |
| 2 Bed Flat, South St, CM23 | £2,500/mo | 2 | 0.29 miles | OpenRent |
| 3 Bed Semi-Detached House, The Hedgerows, CM23 | £2,050/mo | 3 | 0.32 miles | OpenRent |
| 2 Bed Flat, John Dyde Close, CM23 | £1,595/mo | 2 | 0.37 miles | OpenRent |
| 2 Bed Semi-Detached House, Dunmow Road, CM23 | £1,700/mo | 2 | 0.58 miles | OpenRent |

**Average rent: £1,874/mo (6 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £1,725/mo).*

- **Gross yield:** 13800%
- **Monthly cashflow:** £1,527/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 42121.6%

*Gross yield = annual rent as % of price (no costs). Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)