Worst House on the Street Logo
Rye Street, Bishops Stortford, Hertfordshire, CM23 - Image 1
Rye Street, Bishops Stortford, Hertfordshire, CM23 - Image 2
Rye Street, Bishops Stortford, Hertfordshire, CM23 - Image 3
Rye Street, Bishops Stortford, Hertfordshire, CM23 - Image 4
Rye Street, Bishops Stortford, Hertfordshire, CM23 - Image 5
Rye Street, Bishops Stortford, Hertfordshire, CM23 - Image 6
Rye Street, Bishops Stortford, Hertfordshire, CM23 - Image 7
Rye Street, Bishops Stortford, Hertfordshire, CM23 - Image 8
Rye Street, Bishops Stortford, Hertfordshire, CM23 - Image 9
Rye Street, Bishops Stortford, Hertfordshire, CM23 - Image 10
Rye Street, Bishops Stortford, Hertfordshire, CM23 - Image 11
Rye Street, Bishops Stortford, Hertfordshire, CM23 - Image 12
Rye Street, Bishops Stortford, Hertfordshire, CM23 - Image 13
Rye Street, Bishops Stortford, Hertfordshire, CM23 - Image 14
Rye Street, Bishops Stortford, Hertfordshire, CM23 - Image 15
Rye Street, Bishops Stortford, Hertfordshire, CM23 - Image 16

Rye Street, Bishops Stortford, Hertfordshire, CM23

East of England

£400,000
Listed on 14/05/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
936 sqft

Description

This three-bedroom detached bungalow presents a prime refurbishment opportunity in close proximity to the town centre, mainline station, and reputable local schools. The property is in need of comprehensive modernisation and offers significant potential for development; previous planning approvals were granted for the construction of three townhouses on this site (East Herts planning reference 3/16/2231/FUL). The existing layout consists of an entrance lobby leading into a dining room, a sitting room, a kitchen, three bedrooms, a bathroom, and a separate WC. Outside, the tiered front garden enhances curb appeal with steps that lead up to the entrance. A side driveway accommodates parking for one to two vehicles and grants access to the garage. The rear garden is spacious at approximately 50ft by 60ft, featuring various levels with the primary area laid to lawn and an outdoor seating space accompanied by storage sheds. Bishop’s Stortford is known for its rich history alongside the River Stort and boasts an array of amenities including shopping options, educational institutions like The Bishop’s Stortford College, recreational facilities such as a golf club and swimming pool, as well as excellent transport links including regular services to London Liverpool Street from the mainline station. Moreover, easy access to the M11 motorway facilitates convenient travel towards London, Cambridge, and beyond.

Investment Analysis

(CM23 area)

Below Market Value

This property is priced -6.6% below area average per sq ft

-6.6%
Potential saving
This Property
£427/sq ft
Area Average
£457/sq ft
Avg Rent (weekly)
£343
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£75,000 - £100,000
Target Value
£470,991
10% above area average per sq ft
Potential ROI
-5.8%
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

Rye Street, Bishops Stortford, Hertfordshire, CM23
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,427
Based on a loan of £300,000 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

Price History

-20.0% since listed
£400,000£75,000(-15.8%)
14/05/2026
Current price
£475,000£25,000(-5.0%)
30/09/2025
£500,000Initial listing
08/09/2025

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.