Norfolk Way, Bishop's Stortford, Hertfordshire, CM23
IN

Norfolk Way, Bishop's Stortford, Hertfordshire, CM23

By Intercounty

£ 170,000

Reviews

2 out of 5 stars

Intercounty says ..

Offered with no onward chain. Spacious, two bedroom, first floor apartment, ideally located in the heart of the town centre within a short walk of the high street and train station. Internal accommodation comprises an entrance hallway leading to a good size lounge/dining ro...

Property Oracle says ..

This two-bedroom, one-bathroom apartment in Bishop’s Stortford presents a mixed opportunity for buyers. Its central location is a major advantage, offering convenient access to the town’s amenities, train station, and highly-rated schools. The proximity to Bishop’s Stortford train station provides excellent commuting links to London Liverpool Street. The nearby Richard Whittington Primary School and The Bishop’s Stortford High School are both well-regarded, making it appealing to families.

However, the property’s condition requires attention. Images reveal that the apartment is in need of a comprehensive refurbishment, including updates to the kitchen, bathroom, and flooring. The current fixtures and fittings appear outdated and require significant investment. Whilst there is access to communal green space, the absence of a private garden may be a drawback for some potential buyers.

The price reflects the need for renovation. While comparable properties in the area may justify the listing price, buyers should factor in the cost of modernisation and repairs. A detailed survey would help determine the full extent of renovation needed and the total cost. This should form part of any purchasing decision. In summary, this is a potentially good investment opportunity but requires a thorough assessment of renovation costs before a final decision is made.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
7
Land
5
Bedrooms
2
Bathrooms
1
Sqft (est)
721.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
280,400.00 £
Decreased by 26.04 %
from 379,144.00 £
Est sale value
289,842.00 £
Decreased by 11.45 %
from 327,334.00 £
Average area rental value
1,431.00 £/mo
Increased by 2.73 %
from 1,393.00 £/mo
Est letting value
1,442.00 £/mo
Increased by 100.00 %
from 721.00 £/mo
Est rental Yield
6.12 %
Increased by 38.78 %
from 4.41 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Intercounty created the listing.

Nearby Schools

NameTypeOfstedDistance
Richard Whittington Primary SchoolCommunity SchoolGood0.24 KM
Thorley Hill Primary SchoolCommunity SchoolGood0.75 KM
The Bishop'S Stortford High SchoolFoundation SchoolOutstanding0.99 KM
St Michael'S Church Of England Primary SchoolVoluntary Aided SchoolGood1.08 KM
St Joseph'S Catholic Primary School B/SAcademy Converter1.12 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Great Havers Court £ 000.00 KM
Sandringham Gardens £ 350,00000.00 KM
Ellis Drive £ 000.00 KM
Bingley Close £ 000.00 KM
Atherton Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Bishops Stortford6800BIS1.54 KM
Sawbridgeworth6806SAW4.98 KM
Stansted Mountfitchet6833SST6.99 KM
Harlow Mill6804HWM7.95 KM

Nearby Listings

AddressPriceTypeScoreDistance
Norfolk Way, Bishop's Stortford, Hertfordshire, CM23 £ 170,000BUY5 / 100.00 KM
Bishop's Stortford £ 459,995BUY6 / 100.09 KM
Norfolk Way, Bishop's Stortford, Hertfordshire, CM23 £ 450,000BUYUnknown0.11 KM
Patricia Gardens, Bishop's Stortford, Hertfordshire, CM23 £ 500,000BUY7 / 100.12 KM
Norfolk Way, Bishop's Stortford, Hertfordshire £ 375,000BUY8 / 100.22 KM

Nearby Properties

AddressPriceDistance
83 Norfolk Way £ 250,0000.10 KM
71 Norfolk Way £ 247,0000.10 KM
57 Norfolk Way £ 197,0000.10 KM
29 Norfolk Way £ 235,0000.10 KM
43 Norfolk Way £ 162,5000.10 KM