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    1. Home
    2. Chelmsford properties
    3. 2 bed flat for sale in Bishops Stortford CM23
    Full property analysis
    OverviewAboutValue & compsReturnsDealAreaAgent & docsFAQ

    Stricter Pursue picks

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    1 / 5

    Riverside Wharf, Bishops Stortford, Hertfordshire, CM23 3GP

    2-bedroom flat · CM23 3GP

    2 baths
    Asking
    £280,000

    For sale · Listed 117 days

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    About

    The property

    PM Estates are delighted to present this spacious and well-presented two double bedroom third floor apartment, located within the prestigious and private Riverside Wharf development in the heart of Bishop's Stortford town centre.

    One of the property's standout features is the private balcony overlooking the River Stort, providing a wonderful outdoor seating area with space for a table and chairs, ideal for enjoying a morning coffee, alfresco dining, or simply taking in the attractive waterside views.

    The balcony is directly accessed from the impressive open-plan living space, creating a bright and sociable environment perfectly suited to modern living.

    The accommodation comprises a generously sized open-plan living and dining area which flows seamlessly into a fully fitted kitchen featuring oak wall and base units together with a range of integrated appliances, including a full-size dishwasher.

    Large windows and the riverside aspect allow plenty of natural light throughout the living space.

    The apartment further benefits from two spacious double bedrooms, with the principal bedroom enjoying its own private en-suite shower room.

    A well-appointed family bathroom serves the second bedroom and guests, while a useful storage cupboard provides space for a washing machine and additional household storage.

    Externally, the property benefits from secure gated underground parking with one allocated parking space.

    Riverside Wharf continues to be one of Bishop's Stortford's most sought-after residential developments, offering a unique combination of waterside living and immediate access to the town centre.

    Residents are within a short walk of a wide selection of restaurants, cafés, bars and shops, including the popular EAT17 food market and the highly regarded Skew Restaurant situated on the opposite side of the river.

    For investors, the property represents an attractive opportunity, with an anticipated rental value of approximately £1,750 per calendar month.

    The development is also ideally positioned for commuters, being only a short walk from Bishop's Stortford railway station, which provides direct services to London Liverpool Street, Stansted Airport and Cambridge.

    Bishops Stortford is an historic market town with a great deal to offer. The town is strategically located close to Stansted Airport, equidistant between London and Cambridge.

    Complete with superb road and rail links; London Liverpool Street is 35 minutes away by Stansted Express and the M11 links in to the M25 at junction 27 thereby giving easy access to all parts of the country.

    Locally, the main bus routes are 510, 308, and 301 operating every 20 minutes covering routes to Stansted Airport, Cambridge, Takeley, Braintree, Harlow and Saffron Walden.

    Bishops Stortford is renowned for the excellence of its schools which are many and varied comprising, Primary and Secondary schools, Church of England and catholic schools, two colleges; grant maintained Anglo European College and the fee-paying Bishops Stortford College.

    Key information

    Local authority
    East Hertfordshire
    District
    County
    Hertfordshire County
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    Value & comps

    What is it worth?

    No previous sales on record.

    Comparable salesNo comps yet
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    Local SA Market

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    Archie refurb estimate: a Pro feature·

    Feeds your report · not a commitment

    0.0% below asking

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    Investment Disclaimer

    This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.

    All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.

    Past performance does not guarantee future results. Tax implications vary by individual circumstances.

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    Deal

    Is it a deal?

    ✨
    Archie’s verdict
    PursueArchie has scored this property.
    Sign in to see Archie's call — Pursue, Watch or Pass — with the reasons and a suggested offer.
    17/100
    Deal score · weighted
    Weak signals — move on

    Factor breakdown
    BMV discountNot calculated, and not zero — there is no value estimate for this property to discount against.
    0/25
    Yield potential—
    0/25
    Motivation signalsNot enough data
    0/25
    Days on market117 days · price-fatigue
    17/25
    —
    Seller motivation
    Not scored yet

    Days on market117
    Price reduction—
    STC fall-through—
    Back to market—
    Agency change—
    EPC rating—
    Listing timeline
    First listedListed at £280,0002 Jul 2026
    Still activeDay 117 on marketToday
    Strategy fit
    No strategy scores available yet.
    Article 4No HMO Article 4 held

    HMO Conversion Potential

    Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.

    Tier, yield projection, and cost stack — Pro tier only.

    PD Conversion Potential

    Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.

    Tier, route, yield projection, and cost stack - Pro tier only.

    BRRR Candidate

    BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.

    Tier, refurb cost, ARV, and refi maths - Pro tier only.

    Plot subdivision potential

    Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

    Lease extension arbitrage

    Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.

    Serviced Accommodation

    Pro

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    Rent-to-Rent strategy fit

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    Area

    The area

    Living here

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    Location
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    CM23 · Live market data · flat only
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    Agent & docs

    Move it forward

    Listing agent
    P M Estates, Bishop's Stortford logo
    P M Estates, Bishop's Stortford
    listed on rightmove
    01279654646
    7 Riverside Walk South Street Bishop's Stortford CM23 3AG
    View on rightmove

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    FAQ

    Questions

    About Riverside Wharf, Bishops Stortford, Hertfordshire

    How much is Riverside Wharf, Bishops Stortford, Hertfordshire?
    The asking price is £280,000.
    What kind of property is Riverside Wharf, Bishops Stortford, Hertfordshire?
    A 2-bedroom flat in CM23 3GP.

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