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Westfield Road, Bishop's Stortford, Hertfordshire, CM23 - Image 1
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Westfield Road, Bishop's Stortford, Hertfordshire, CM23

East of England

£1,250,000
Listed on 18/06/2025

Property Details

Bedrooms
4
Type
Detached
Area
1927 sqft

Description

This distinctive Arts and Crafts residence offers a unique renovation opportunity in a sought-after area. Located conveniently near Bishop’s Stortford College, Northgate Primary School, and the mainline train station, this property is well-placed for both families and commuters. The home provides a solid foundation for those looking to create their ideal living space, encompassing an entrance hall, sitting room, dining room, kitchen with utility space, and a WC on the ground floor. Upstairs features four bedrooms along with a family bathroom. The mature south-facing garden adds to the property's appeal and potential for outdoor enhancements. There is also driveway parking and a single garage available. With full refurbishment needed, this property opens avenues for substantial redevelopment or extension possibilities (subject to planning permissions), making it an attractive investment for buyers willing to undertake significant improvements.

Investment Analysis

(CM23 area)

Above Market Value

This property is priced +41.8% above area average per sq ft

+41.8%
This Property
£649/sq ft
Area Average
£457/sq ft
Avg Rent (weekly)
£343
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£969,657
10% above area average per sq ft
Potential ROI
-29.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (CM23)

Area prices are falling by -3.1% over the last 12 months
3 year growth: -6.3%
5 year growth: +2.3%
Investment Disclaimer: Analysis based on CM23 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

Westfield Road, Bishop's Stortford, Hertfordshire, CM23
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£4,460
Based on a loan of £937,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

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