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

East of England

£630,000
Listed on 25/11/2025

Property Details

Bedrooms
N/A
Type
Detached house
Area
1535 sqft

Description

This unique property, formerly a chapel associated with Bishop’s Stortford Grammar School and more recently utilized as a Masonic meeting hall since 1934, presents a distinctive opportunity for renovation and repurposing. The structure is positioned discreetly behind gates and features a parking area, enhancing its appeal in the residential context of Bishops Stortford. Currently configured with essential facilities including a lobby and two rooms on the ground floor, the building's existing layout invites creative redevelopment while retaining elements of its historical charm. Given its location with rights of access through adjacent Springfield Court, this space holds potential for transformation into community-oriented functionality or other uses, subject to planning permissions. With a total area of 1,535 sq ft, it's an intriguing proposition for investors looking to revitalize or adapt a historical building in a thriving neighbourhood.

Investment Analysis

(CM23 area)

Below Market Value

This property is priced -10.0% below area average per sq ft

-10.0%
Potential saving
This Property
£410/sq ft
Area Average
£456/sq ft
Avg Rent (weekly)
£329
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £75,000
Target Value
£769,787
10% above area average per sq ft
Potential ROI
+9.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Hadham Road, 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
£2,308
Based on a loan of £472,500 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