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Cannons Lane, Hatfield Broad Oak, Bishop's Stortford

East of England

£550,000

Listed on 14/07/2026

Property details

Bedrooms
3
Type
Detached Bungalow
Area
1362 sqft

Description

Nestled in a desirable location, this three-bedroom detached bungalow presents a unique opportunity for renovation and enhancement. Backing onto serene farmland, the property is set in the charming village of Hatfield Broad Oak and benefits from an inviting entrance hall leading to spacious living areas. The generous lounge features multiple windows for ample light, while the kitchen/breakfast room includes essential fittings and space for modern appliances. Three well-sized double bedrooms offer comfort, with the principal bedroom enjoying its own en-suite shower room. A family bathroom serves the other two bedrooms, providing functionality for family living or renting. The conservatory opens directly onto a rear garden that boasts established greenery and potential for extension or redesign, subject to planning approval. Additional highlights include a single garage with driveway parking and well-maintained gardens both at the front and back, making it an appealing canvas for investors or those looking to create their dream home.

Investment analysis

(CM22 area)

Below Market Value

This property is priced -2.1% below area average per sq ft

-2.1%
Potential saving
This Property
£404/sq ft
Area Average
£412/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£617,933
10% above area average per sq ft
Potential ROI
+1.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
3%
Properties sold annually

Local Market Trend (CM22)

Area prices are stable by +0.6% over the last 12 months
3 year growth: -5.6%
5 year growth: +2.8%
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

Cannons Lane, Hatfield Broad Oak, Bishop's Stortford
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,078
Based on a loan of £412,500 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.

Stamp duty calculator

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