Foxglove Close, Bishop's Stortford, CM23
East of England
£525,000
Listed on 17/10/2026
Listed on 17/10/2026
The listing
Property details
Bedrooms
3Type
DetachedArea
1111 sqftFeatures
- Garage
- Garden
- Parking
Description
This three-bedroom detached house is arranged with a front living room and a separate kitchen, utility room and dining room at the rear. The former garage has been converted to provide a home office, WC and storage space. Upstairs are three bedrooms, including a principal bedroom with fitted wardrobes and an en-suite shower room, alongside a family bathroom. The property is described as move-in ready, with scope to update the bathrooms and make other changes to suit a new owner.
The rear garden has lawn, mature planting and trees, with access from the dining room. The listing also identifies the possibility of opening up the rear ground floor to create a larger kitchen and family space, subject to the necessary permissions and checks. The house is on a residential street within reach of Bishop’s Stortford town centre, local shops, schools and the station, which the owners say is around a 20-minute walk away.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
52out of 100
Grade DWeak opportunity
Confidence: MEDIUM
Foxglove Close is a clean, usable home with a clear light-modernisation canvas: older bathroom finishes and some décor could be refreshed, while the fitted kitchen, driveway, garage and established garden give it plenty to build on. The converted garage provides home-office space, and the possible ground-floor opening-up offers another route to reshape the living and dining areas, subject to feasibility and permissions.
The price is the main constraint: at £525,000, it is around 3.4% above the local average per square foot, and purchase plus the renovation midpoint looks tight against local benchmarks. The project still has appealing fundamentals and a good location, but the numbers leave limited room for value creation at this asking price.
Key opportunities
- Refresh the dated bathroom finishes and older decorative details as a light, targeted modernisation.
- Explore opening up the rear ground floor to create a more connected kitchen, dining and family space, subject to feasibility and permissions.
- Make use of the converted-garage home office, driveway and mature garden as practical features to enhance.
Key risks
- Purchase plus the estimated refurbishment midpoint looks tight against local value benchmarks, limiting the apparent headroom for value creation.
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Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,983
Based on a loan of £393,750 over 30 years at 4.45% 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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