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Norfolk Way, Bishop's Stortford, Hertfordshire CM23 - Image 1
Norfolk Way, Bishop's Stortford, Hertfordshire CM23 - Image 2
Norfolk Way, Bishop's Stortford, Hertfordshire CM23 - Image 3

Norfolk Way, Bishop's Stortford, Hertfordshire CM23

East of England

£395,000
Listed on 09/04/2026

Property Details

Bedrooms
3
Type
End Terrace
Area
457 sqft

Description

This end-of-terrace three-bedroom house presents a solid opportunity for both homeowners and investors. Located in a desirable area within walking distance of local shops, including a Tesco Express, as well as the town centre and mainline station, this property is accessible and convenient. Currently offered with vacant possession, it has significant potential for enhancement and expansion, provided that planning consent is obtained. The layout consists of two levels featuring an entrance porch that leads into a hallway with stairs to the upper floor. The spacious sitting/dining room connects to the kitchen, which provides direct access to the rear garden and includes a personal door leading to an integral garage. Upstairs, the landing accesses three well-sized bedrooms along with a functional three-piece shower room. Externally, the front offers off-street parking for up to three vehicles alongside the garage equipped with power and lighting. The rear garden measures approximately 45ft deep, showcasing a sun terrace at its forefront and areas of lawn mixed with flower beds and shingle, ensuring privacy. Notably, there are options for further development such as converting the garage or adding an en-suite bathroom in the master bedroom—a project that could significantly increase property value. Overall, this home is surrounded by Bishop's Stortford's rich history and amenities, with excellent transport links including regular train service to London Liverpool Street and easy access to major roadways and Stansted Airport.

Investment Analysis

(CM23 area)

Above Market Value

This property is priced +88.6% above area average per sq ft

+88.6%
This Property
£864/sq ft
Area Average
£458/sq ft
Avg Rent (weekly)
£348
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£230,362
10% above area average per sq ft
Potential ROI
-47.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (CM23)

Area prices are falling by -2.2% over the last 12 months
3 year growth: -5.2%
5 year growth: +3.9%
Investment Disclaimer: Analysis based on CM23 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

Norfolk Way, Bishop's Stortford, Hertfordshire CM23
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,399
Based on a loan of £296,250 over 30 years at 3.91% 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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