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The Heath, Hatfield Heath, Bishop's Stortford, CM22 - Image 1
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The Heath, Hatfield Heath, Bishop's Stortford, CM22

East of England

£550,000
Listed on 07/09/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1259 sqft

Description

This three-bedroom detached bungalow presents a unique opportunity for renovation and investment in the desirable village of Hatfield Heath. Located centrally, the property benefits from proximity to a variety of local amenities, including shops, restaurants, public houses, and essential services such as a doctor's surgery and church. The nearby cricket ground adds to the community charm. With its excellent transport links, this location is particularly appealing for commuters. Residents can easily access train stations that provide service to London Liverpool Street and Cambridge, and the recently opened junction 7a of the M11 is merely a five-minute drive away. Additionally, neighboring towns like Bishop’s Stortford, Sawbridgeworth, Chelmsford, and Harlow offer further conveniences. While the property has been well-maintained over the years, it awaits modernization to unlock its full potential. It features a spacious living/dining area ideal for comfortable family living, along with three generously sized bedrooms. The bungalow also includes a kitchen, shower room, double-glazed windows throughout, and gas central heating. The exterior boasts ample parking alongside good-sized front and rear gardens that could be transformed into delightful outdoor spaces. A larger-than-average single garage provides additional storage options or potential for conversion. Viewing the property in person will reveal opportunities for personal touches that can enhance both comfort and value long-term.

Investment Analysis

(CM22 area)

Above Market Value

This property is priced +5.5% above area average per sq ft

+5.5%
This Property
£437/sq ft
Area Average
£414/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£573,556
10% above area average per sq ft
Potential ROI
-4.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (CM22)

Area prices are falling by +4.0% over the last 12 months
3 year growth: -6.0%
5 year growth: 5.3%
Investment Disclaimer: Analysis based on CM22 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

The Heath, Hatfield Heath, Bishop's Stortford, CM22
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,015
Based on a loan of £412,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE