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Mathams Drive, Bishop's Stortford

East of England

£485,000
Listed on 19/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1174 sqft

Description

This 4-bedroom detached home is situated in the sought-after Thorley Park development, nestled at the end of a tranquil cul-de-sac. The property offers a solid foundation for renovation, making it an appealing opportunity for both families and investors looking to enhance value through updates. The ground floor features an entrance hall that leads to various living spaces, including a spacious living room with double doors opening to the garden and a separate dining room. The kitchen, while functional, presents potential for modernization with ample space for new appliances and design upgrades. A convenient study or fifth bedroom on this level adds versatility, catering to those who may need a home office or additional accommodation. Upstairs, the layout includes four bedrooms that each offer natural light and space for personalization. The family bathroom is functional but could benefit from contemporary finishes. The property also includes features such as gas central heating with a newly installed combi boiler and insulated loft space, enhancing energy efficiency. Externally, the front garden offers an expansive lawn area along with a driveway providing off-street parking for two vehicles and access to a converted garage that currently serves as storage and study space. The well-proportioned rear garden enjoys a southwest aspect, featuring lawned areas and a patio—ideal settings for outdoor entertaining and gardening projects. Located within walking distance of local amenities such as schools, shops, and public houses, this property boasts excellent connectivity to Bishop's Stortford's broader facilities including shopping centers and mainline railway services to London Liverpool Street and Stansted Airport. Close proximity to the M11 motorway further enhances its appeal for commuters. Overall, this home presents significant renovation potential in a desirable location, making it an attractive prospect for those looking to invest in property value while creating their ideal living space.

Investment Analysis

(CM23 area)

Below Market Value

This property is priced -9.4% below area average per sq ft

-9.4%
Potential saving
This Property
£413/sq ft
Area Average
£456/sq ft
Avg Rent (weekly)
£329
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£588,749
10% above area average per sq ft
Potential ROI
+12.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (CM23)

Area prices are stable by +1.3% over the last 12 months
3 year growth: -2.6%
5 year growth: 9.0%
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

Mathams Drive, Bishop's Stortford
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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
£1,777
Based on a loan of £363,750 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