We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom terraced house · CM23 5BP
Sold STCListed 133 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well proportioned three bedroom semi detached home, offering excellent potential to modernise and extend, ideally positioned within a popular residential cul de sac in Bishop’s Stortford and offered with no onward chain.
Set within the sought after Ascot Close, this property presents a fantastic opportunity for a buyer to put their own stamp on a home, with approximately 1,150 sq ft of internal accommodation and great scope to improve and add value over time.
Internally, the property opens into a spacious entrance hall, setting the tone for the generous layout throughout.
To the front, the kitchen enjoys a bay window aspect, allowing in plenty of natural light, and is fitted with units to both sides, offering a practical working space with potential for reconfiguration.
To the rear, a large open plan living and dining room provides a versatile and sociable space, with sliding doors leading through to a bright conservatory.
This additional reception area enjoys views over the garden and benefits from double doors opening out, creating a natural flow between inside and out.
A convenient ground floor WC completes the downstairs accommodation.
Upstairs, the property comprises three well proportioned double bedrooms, making it ideal for families or those looking for flexible space.
A good sized family bathroom serves the bedrooms, while a window on the landing allows for further natural light, enhancing the overall feel of space.
Externally, the property benefits from a private and unoverlooked rear garden, enjoying a favourable south westerly aspect, ideal for afternoon and evening sun.
To the front, there is a driveway providing off road parking, along with an integral garage offering excellent storage or potential for conversion, subject to the usual consents.
There is also scope to enhance the frontage further and increase parking if desired.
Ascot Close is a well regarded residential location, positioned just off Parsonage Lane on the north eastern side of Bishop’s Stortford.
The property is ideally placed for families, being within close proximity to highly regarded local schooling including Birchwood High School and Summer Croft Primary School, along with a range of nearby amenities.
The town centre and mainline station are within walking distance, offering direct links into London Liverpool Street, Cambridge and Tottenham Hale, making it ideal for commuters.
Excellent road links via the M11 and A120 are also easily accessible.
Overall, a fantastic opportunity to acquire a spacious home in a great location, with huge potential to modernise and create something truly special.
EPC Rating: D Parking - Garage Parking - Off street Disclaimer Important Information: These particulars are intended as a general guide and do not form part of any contract.
While every effort has been made to ensure the information provided is accurate, prospective buyers or tenants should satisfy themselves as to the accuracy of any measurements, descriptions and other information provided before making any commitment.
AML Checks: In accordance with anti-money laundering regulations, all successful purchasers will be required to complete identity and anti-money laundering checks once an offer has been accepted.
A fee of £50 will be payable for these checks.
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
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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.
Area
Agent & docs

FAQ
About Ascot Close, Bishop's Stortford, CM23
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