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Stansted Road, Elsenham, Bishop's Stortford, Essex, CM22 - Image 1
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Stansted Road, Elsenham, Bishop's Stortford, Essex, CM22

East of England

£340,000
Listed on 30/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
961 sqft

Description

This three-bedroom semi-detached property presents a compelling investment opportunity in the desirable village of Elsenham. Currently vacant, it offers substantial potential for modernization and expansion, subject to planning permission. Situated away from the main road, the home has a welcoming entrance hall that leads into a spacious reception room featuring a wood-burning stove, alongside a separate dining area and a kitchen that looks out onto the front garden. The first floor holds three generously sized bedrooms and a family bathroom, setting up an ideal framework for reconfiguration into a modern family residence. Outside, the property boasts a long rear garden that houses a large shed with power and lighting. There is also parking available at the rear with potential for creating additional off-street options such as a carport or garage (subject to planning). The generous plot size allows for further extensions to be made, significantly enhancing the living space. While benefitting from gas central heating and located in a peaceful yet convenient position within this well-connected village, prospective buyers should note that refurbishment is necessary due to some reported damp issues with the chimney stacks. This project property is perfect for those looking to create their ideal home while increasing its value in an attractive location.

Investment Analysis

(CM22 area)

Below Market Value

This property is priced -14.2% below area average per sq ft

-14.2%
Potential saving
This Property
£354/sq ft
Area Average
£412/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£435,948
10% above area average per sq ft
Potential ROI
+9.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
44%
Properties sold annually

Local Market Trend (CM22)

Area prices are falling by -3.7% over the last 12 months
3 year growth: -6.5%
5 year growth: +1.1%
Investment Disclaimer: Analysis based on CM22 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

Stansted Road, Elsenham, Bishop's Stortford, Essex, CM22
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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
£1,226
Based on a loan of £255,000 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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