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Norfolk Way, Bishop's Stortford, Hertfordshire, CM23 - Image 1
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Norfolk Way, Bishop's Stortford, Hertfordshire, CM23 - Image 3
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Norfolk Way, Bishop's Stortford, Hertfordshire, CM23

East of England

£350,000
Listed on 31/01/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
708 sqft

Description

This two-bedroom semi-detached home presents a significant opportunity for renovation and investment in a desirable area, conveniently located within walking distance to the town centre and railway station. The property features a well-proportioned layout that includes an entrance hallway, a sizable lounge/dining area, and a separate fitted kitchen, along with a conservatory that opens up to the rear garden. On the first floor, you will find two generous double bedrooms accompanied by a family bathroom. The exterior boasts a front lawn and sufficient driveway parking, while the enclosed rear garden is mainly grassed, offering potential for landscaping or further development. Given its strategic location and potential for extensions (subject to obtaining planning consent), this property holds great promise for those looking to enhance its value through thoughtful improvements.

Investment Analysis

(CM23 area)

Above Market Value

This property is priced +8.7% above area average per sq ft

+8.7%
This Property
£494/sq ft
Area Average
£455/sq ft
Avg Rent (weekly)
£330
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£354,120
10% above area average per sq ft
Potential ROI
-6.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Norfolk Way, 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
£1,262
Based on a loan of £262,500 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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