2-bedroom bungalow · CM23 5NA
Listing removedReduced £50k (−9.1%) on 6 AugListed 112 days
Opportunity summary
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About
A rare opportunity in one of Bishop’s Stortford’s most sought-after locations.
Occupying a secluded set-back plot just a short walk from Bishop’s Stortford town centre and mainline railway station, this detached two-bedroom bungalow offers an increasingly rare combination of immediate lifestyle appeal and exciting future potential.
Beautifully positioned away from the road and surrounded by generous gardens, the property is ideal for buyers seeking a peaceful home close to excellent amenities.
Equally, it presents a compelling opportunity for those wishing to create a substantial new family home, with a current planning application for an architect-designed 4/5 bedroom dwelling extending to approximately 2,884 sq ft.
The existing bungalow is well presented throughout and offers spacious single-storey accommodation.
The welcoming sitting room enjoys views over the gardens and centres around a feature fireplace, creating a warm and inviting living space.
The heart of the home is the impressive vaulted kitchen/dining room.
Flooded with natural light, this generous space offers ample room for family dining and entertaining, while built-in pantry storage provides practical everyday convenience.
There are two well-proportioned double bedrooms, including a principal bedroom with fitted wardrobes, together with a contemporary bathroom featuring a freestanding bath and rainfall shower.
Outside, the property enjoys unusually generous gardens for such a central location.
The mature front garden creates an attractive approach and enhances the property’s privacy, while the enclosed rear garden benefits from a sunny aspect and provides excellent space for relaxing, entertaining or family life.
A key feature of the property is the current planning application for an exceptional replacement dwelling of approximately 2,884 sq ft, arranged over three floors with generous reception space and four to five bedrooms.
This offers purchasers the flexibility either to enjoy the bungalow as it stands or to pursue the redevelopment opportunity, subject to the outcome of the planning process.
The location is one of the property’s greatest strengths.
Bishop’s Stortford town centre, independent shops, cafés, restaurants and leisure facilities are all within easy walking distance, while the mainline railway station provides regular services to London Liverpool Street, Cambridge and Stansted Airport.
The M11 is also easily accessible, making this an excellent location for commuters.
Offered with no onward chain, this is a genuinely versatile property that will appeal to a wide range of purchasers, from those looking for a detached home on an exceptional plot, to buyers seeking the opportunity to create a landmark family residence in a highly desirable location.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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.
Area
Agent & docs
FAQ
About 49, London Road, Bishops Stortford
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