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Honeybourne, Bishop's Stortford, Hertfordshire, CM23 - Image 1
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Honeybourne, Bishop's Stortford, Hertfordshire, CM23 - Image 3
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Honeybourne, Bishop's Stortford, Hertfordshire, CM23 - Image 11

Honeybourne, Bishop's Stortford, Hertfordshire, CM23

East of England

£380,000
Listed on 23/01/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
845 sqft

Description

This three-bedroom property, located in a desirable cul-de-sac in the Thorley Park area of Bishop's Stortford, presents a unique opportunity for renovation and investment. The home features an extension at the rear, enhancing its living space, which includes a generous lounge and a kitchen/dining area that overlooks the garden. An additional office space provides flexibility for various needs. On the upper floor, you will find three bedrooms alongside a family bathroom. Outside, the enclosed garden offers potential for landscaping, while there is also a garage en-bloc and potential for further parking at the front, subject to planning permission. The property is offered with no onward chain, making it an attractive prospect for those looking to add value through updates and improvements.

Investment Analysis

(CM23 area)

Below Market Value

This property is priced -1.1% below area average per sq ft

-1.1%
Potential saving
This Property
£450/sq ft
Area Average
£455/sq ft
Avg Rent (weekly)
£330
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£422,644
10% above area average per sq ft
Potential ROI
+0.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (CM23)

Area prices are stable by -1.5% over the last 12 months
3 year growth: -5.2%
5 year growth: +5.6%
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

Honeybourne, Bishop's Stortford, Hertfordshire, CM23
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,371
Based on a loan of £285,000 over 30 years at 4.06% 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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