Worst House on the Street Logo
Elm Road, Bishops Stortford, Hertfordshire, CM23 - Image 1
Elm Road, Bishops Stortford, Hertfordshire, CM23 - Image 2
Elm Road, Bishops Stortford, Hertfordshire, CM23 - Image 3
Elm Road, Bishops Stortford, Hertfordshire, CM23 - Image 4
Elm Road, Bishops Stortford, Hertfordshire, CM23 - Image 5
Elm Road, Bishops Stortford, Hertfordshire, CM23 - Image 6
Elm Road, Bishops Stortford, Hertfordshire, CM23 - Image 7
Elm Road, Bishops Stortford, Hertfordshire, CM23 - Image 8
Elm Road, Bishops Stortford, Hertfordshire, CM23 - Image 9
Elm Road, Bishops Stortford, Hertfordshire, CM23 - Image 10
Elm Road, Bishops Stortford, Hertfordshire, CM23 - Image 11

Elm Road, Bishops Stortford, Hertfordshire, CM23

East of England

£600,000
Listed on 24/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1292 sqft

Description

This single-storey, three-bedroom residence presents an exciting opportunity for those looking to invest in a complete renovation project in a prime location of Bishop’s Stortford. Currently requiring full modernisation, the property boasts existing planning permission to expand into a two-and-a-half storey home, which could yield over 2200 sqft of living space with an estimated post-renovation value of around £1.1 million. The front and rear gardens provide ample outdoor space, with a particularly valuable ground-level basement that could be incorporated into your future plans. With convenient access to local amenities and transport links, this property not only offers significant potential for capital growth but also promises a comfortable lifestyle in a historic market town.

Investment Analysis

(CM23 area)

Above Market Value

This property is priced +2.1% above area average per sq ft

+2.1%
This Property
£464/sq ft
Area Average
£455/sq ft
Avg Rent (weekly)
£330
Avg Yield
3.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£646,220
10% above area average per sq ft
Potential ROI
-10.2%
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

Elm Road, Bishops Stortford, Hertfordshire, CM23
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,164
Based on a loan of £450,000 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates