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Cannons Close, Bishop's Stortford, Hertfordshire, CM23 - Image 1
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Cannons Close, Bishop's Stortford, Hertfordshire, CM23 - Image 3
Cannons Close, Bishop's Stortford, Hertfordshire, CM23 - Image 4
Cannons Close, Bishop's Stortford, Hertfordshire, CM23 - Image 5
Cannons Close, Bishop's Stortford, Hertfordshire, CM23 - Image 6
Cannons Close, Bishop's Stortford, Hertfordshire, CM23 - Image 7
Cannons Close, Bishop's Stortford, Hertfordshire, CM23 - Image 8
Cannons Close, Bishop's Stortford, Hertfordshire, CM23 - Image 9
Cannons Close, Bishop's Stortford, Hertfordshire, CM23 - Image 10
Cannons Close, Bishop's Stortford, Hertfordshire, CM23 - Image 11

Cannons Close, Bishop's Stortford, Hertfordshire, CM23

East of England

£450,000
Listed on 21/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1143 sqft

Description

This semi-detached family home offers a promising opportunity for those looking to invest or undertake a renovation project. With three bedrooms, the property is ideally situated in a well-regarded residential area, providing convenient access to local amenities and schools. Inside, the layout includes an enclosed entrance porch leading into a hallway with stairs that ascend to the upper floor. The ground floor features a lounge and a dining room, along with a kitchen that includes a side entrance. An adjoining conservatory opens directly onto the rear garden, enhancing the potential for indoor-outdoor living. The first floor houses three bedrooms along with a shower room and a separate WC, presenting ample space for redesign or modernization according to personal tastes. Externally, the property boasts expansive gardens both at the front and rear, which could be transformed into appealing outdoor spaces. Additionally, there is a detached single garage and driveway parking available at the side of the house. Offered with vacant possession and no onward chain, this home presents an excellent canvas for transformation in an advantageous location. Ideal for buyers seeking to customize their living environment or seeking investment potential through refurbishment.

Investment Analysis

(CM23 area)

Below Market Value

This property is priced -13.6% below area average per sq ft

-13.6%
Potential saving
This Property
£394/sq ft
Area Average
£456/sq ft
Avg Rent (weekly)
£329
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£573,203
10% above area average per sq ft
Potential ROI
+17.0%
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

Cannons Close, Bishop's Stortford, Hertfordshire, CM23
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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
£1,648
Based on a loan of £337,500 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