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Stane Close, Bishop's Stortford, Hertfordshire, CM23 - Image 1
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Stane Close, Bishop's Stortford, Hertfordshire, CM23 - Image 3

Stane Close, Bishop's Stortford, Hertfordshire, CM23

East of England

£450,000

Listed on 05/10/2026

The listing

Property details

Bedrooms
3
Type
Semi Detached
Area
861 sqft

Description

This semi-detached house presents an exciting opportunity for those looking to invest in a property that requires some updating and improvement. Located in the desirable North West corner of Bishop's Stortford, the home is conveniently close to local amenities, schools, and the mainline station offering direct services to London Liverpool Street, Tottenham Hale, and Cambridge. The accommodation includes a spacious sitting room featuring a fireplace, along with a kitchen/dining room that opens directly to the rear garden. On the first floor, you will find three bedrooms and a family bathroom. Outside, the property boasts a patio area perfect for entertaining and outdoor dining, along with access to a garage. The garden is primarily laid to lawn with established borders, while the front garden also features a lawn and provides driveway parking alongside the single garage. This property offers excellent potential for buyers to personalize and create a wonderful family home.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

35out of 100
Grade ELow opportunity

Confidence: MEDIUM

This semi-detached house offers a solid opportunity for renovation enthusiasts looking to put their own stamp on a property in a good location. While the asking price of £450,000 is positioned higher than the local average at £523/sqf, it is important to consider the potential for personalization and improvement throughout. The dated interiors, including the living space and kitchen, present a canvas for modern updates and enhancements, allowing you to create a wonderful family home.

However, the economics of this project are a concern, as the total estimated costs, combining the purchase price and renovation budget, stretch beyond local market benchmarks. With an all-in cost of approximately £510,000 compared to an implied local average value of £393,520, the financial margin is tight. For those willing to invest effort and funds into the property, the potential rewards are there, but careful consideration is advised given the current pricing dynamics.

Key opportunities

  • Dated interiors provide a chance for significant modernization and personal touches.
  • Good outdoor space can be revitalized for entertaining and family use.
  • Located in a favoured area, close to amenities and transport links.

Key risks

  • The all-in costs are stretched compared to local benchmarks, which may limit potential equity gain.

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Map

Location

Stane Close, Bishop's Stortford, Hertfordshire, CM23
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,700
Based on a loan of £337,500 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.

Tax

Stamp duty calculator

Indicative tax based on the asking price and the options you select.

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