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See how verdicts work2-bedroom bungalow · CM23 2BQ
Listing removedReduced £25k (−5.6%) on 12 AugListed 104 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity to acquire a two double bedroom bungalow within a 15 minute walk of the town I Five minute walk to Grange Paddocks Leisure Centre and playing fields I Wonderful 90ft South West facing rear garden backing onto parkland I New Vaillant gas fired boiler I Garage and large outbuilding providing excellent storage no onward chain – a rare opportunity to acquire this well-presented two double bedroom bungalow, ideally situated within a comfortable 15-minute walk of the town centre and just five minutes from Grange Paddocks Leisure Centre and playing fields.
The property boasts a wonderful 90ft south-west facing rear garden backing directly onto parkland, offering a high degree of privacy and delightful open views, with St Michael's Church visible in the distance.
The accommodation includes an extended sitting/dining room designed to make the most of the attractive garden outlook, while further benefits include driveway parking for two vehicles, a garage and substantial outbuilding providing excellent storage.
Additional features include a new Vaillant gas-fired boiler and a boarded loft with ladder access and lighting.
Offering excellent potential in a highly desirable location, this is a property that must be viewed to be fully appreciated.
The Council Tax Band is D / The EPC Rating is C Entrance Hall With cupboard housing consumer unit and gas and electric meters. Access to the loft which is boarded with a ladder and light.
Large Sitting/Dining Room (6.86m (max) x 4.09m max (22'6" (max) x 13'5" max)) Spacious reception room with a gas fire.
This room enjoys lovely views West over the rear garden and onto St Michael's Church in the distance.
Fitted Kitchen (3.70m x 3.03m (12'1" x 9'11")) Fitted with wall and base units and space for a cooker, dishwasher and fridge/freezer.
Conservatory (3.25m x 1.84m (10'7" x 6'0")) Covered Link Between Conservatory & Garage Space for a washing machine and tumble dryer.
Door to; Garage (5.36m max x 2.48m max (17'7" max x 8'1" max)) L-shaped space providing excellent storage.
Double Bedroom (3.16m x 2.98m (10'4" x 9'9")) Double bedroom with door leading to; En-Suite Shower Room With corner shower, WC and basin.
Double Bedroom (3.66m x 2.93m (12'0" x 9'7")) Bathroom Airing cupboard with Vaillant wall mounted gas fire boiler and bath, WC and basin.
Front Block paved driveway with parking for two cars and a front garden. Rear Garden Wonderful 90ft South West facing rear garden backing onto parkland. Mature planting to the boundaries.
Outbuilding (5.47m x 2.3m (17'11" x 7'6")) Disclaimer For clarification, we wish to inform prospective purchasers that we have prepared these sales particulars as a general guide.
We have not carried out survey, not tested the services, appliances or specific fittings and any mention of such items does not imply that they are in working order.
Room sizes are approximate and should not be relied upon for carpets and furnishings.
Photographs are for illustration only and may depict items which are not for sale or included in the sale of the property.
Any stated plot size is intended merely as a guide and has not been officially measured or verified.
We have not checked the legal documents to verify the freehold/leasehold status of the property and purchaser is advised to obtain clarification from their solicitor or surveyor.
Money laundering regulations 2003. Intending purchaser will be asked to produce identification documents and we would ask for your co-operation in order that there be no delay in agreeing the sale.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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.
Deal
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.
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.
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.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
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.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About 49, Cannons Close, Bishop's Stortford
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