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

East of England

£395,000
Listed on 24/03/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
970 sqft

Description

This three-bedroom end-of-terrace house presents a promising opportunity for renovation and investment, located in a desirable area with convenient access to shops, Tesco Express, and public transport links including the mainline station. With vacant possession, the property is ready for a new owner to explore its potential for both improvement and extension (subject to planning permissions). The home's layout includes an entrance porch leading into a hallway that provides access to a spacious sitting/dining area. The kitchen, which connects directly to the garden and features an integral garage access point, offers options for modernization. Upstairs, you will find three well-proportioned bedrooms alongside a three-piece shower room. The exterior boasts off-street parking for up to three vehicles via the driveway and an integral garage equipped with power and lighting. The rear garden, approximately 45ft deep, has a sun terrace and areas of lawn, flower beds, and shingle that provide privacy and scope for landscaping improvements or potential extensions. Additionally, possibilities for converting the garage or adding an en-suite bathroom to the master bedroom further enhance this property's appeal. Bishop’s Stortford is rich in history and offers various amenities including educational institutions like Bishop’s Stortford College, leisure facilities such as a golf club and swimming pool, as well as excellent transport links to London via rail and road.

Investment Analysis

(CM23 area)

Below Market Value

This property is priced -10.7% below area average per sq ft

-10.7%
Potential saving
This Property
£407/sq ft
Area Average
£456/sq ft
Avg Rent (weekly)
£337
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£486,392
10% above area average per sq ft
Potential ROI
+9.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (CM23)

Area prices are stable by -0.8% over the last 12 months
3 year growth: -4.7%
5 year growth: +4.6%
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
£1,425
Based on a loan of £296,250 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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