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Rye Street, Bishop's Stortford

East of England

£190,000
Listed on 06/02/2026

Property Details

Bedrooms
1
Type
Detached house
Area
356 sqft

Description

This first-floor one-bedroom apartment, part of the well-regarded Cedar Court development, presents an excellent opportunity for investment or personalisation. While it requires updating, its spacious layout includes a lounge/diner, a compact kitchen, a good-sized bedroom, and a bathroom. The property benefits from UPVC double glazing and electric heating, providing a solid framework for modernisation. Located conveniently within walking distance to Bishop's Stortford's mainline railway station and local amenities, this apartment not only offers ease of access to London but also overlooks the tranquil Grange Paddocks. Outside, residents benefit from allocated parking and communal gardens, enhancing overall value. Additionally, with no onward chain and a share of the freehold included in the sale, this property invites creative renovation ideas to maximise its potential.

Investment Analysis

(CM23 area)

Above Market Value

This property is priced +17.4% above area average per sq ft

+17.4%
This Property
£534/sq ft
Area Average
£455/sq ft
Avg Rent (weekly)
£330
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£178,061
10% above area average per sq ft
Potential ROI
-15.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Rye Street, Bishop's Stortford
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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
£685
Based on a loan of £142,500 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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