New Town Road, Bishop's Stortford
East of England
£280,000
Listed on 14/10/2026
Listed on 14/10/2026
The listing
Property details
Bedrooms
2Type
TerracedArea
606 sqftFeatures
- Garden
Description
This two-bedroom freehold cottage is within walking distance of Bishop’s Stortford town centre and its mainline station. The ground floor has a living room, a separate dining room and a kitchen, with the kitchen installed around a year ago. Upstairs are two double bedrooms and a recently fitted bathroom. The property is described as suitable for occupation while further improvements are made over time, with some significant work already completed and scope for a new owner to make additional changes.
There is an enclosed rear garden and a front garden, while resident permit parking is available on surrounding streets. Shops, cafés, restaurants and other everyday amenities are nearby. The property has an EPC rating of C.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
51out of 100
Grade DWeak opportunity
Confidence: MEDIUM
This freehold two-bedroom terrace has a useful, liveable layout, with separate living and dining spaces, a clean, relatively modern kitchen and a private garden. The photographed rooms offer a straightforward cosmetic canvas: updating the bold wall finishes and replacing the visible carpets could give the home a more cohesive feel, while the bathroom also has scope for a refresh. The location within walking distance of Bishop’s Stortford town centre and station, plus an EPC rating of C, adds to its appeal.
Renovation economics are a softer point: adding an estimated £8,500 to the asking price takes total commitment towards £288,500 — roughly 4% above what comparable floor area achieves locally in current condition. The project can still appeal to the right buyer, yet the numbers are not exceptional.
Key opportunities
- Refresh the patterned and brightly coloured finishes and visible carpets to create a more contemporary look.
- Build on the clean, relatively modern kitchen rather than needing to start that part of the project from scratch.
- Make the most of the separate living and dining spaces, two double bedrooms and private garden in a walkable town-centre location.
Key risks
- Purchase and refurbishment costs look tight against local benchmarks, leaving limited apparent margin before fees and other buying costs.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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£
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years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,058
Based on a loan of £210,000 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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