For Sale £71,250
Newland Avenue, Bishop's Stortford

Description


PM Estates are delighted to introduce this immaculately presented 2 double bedroom ground floor apartment to the sales market. This is one of the rare properties on the development to have entered the sales market whereby this luxury home has been built to the highest standards with modern living in mind.

This new but now well-established development is without a doubt one of the most sought-after residential locations within Bishops Stortford due to its quality of finish matched with its close proximity to the town centre as well as the mainline rail station which is located just 1.9 miles from the development offering direct services into Stansted Airport, London Liverpool Street and Cambridge City Centre.

This ground floor apartment is complete with a sizable open plan living/ fully fitted kitchen area complete with appliances inclusive of a full-size dishwasher. The kitchen is complete with tiled flooring. The living area is home to grey-coloured laminated floorings which work in tandem with the neutral tones across the walls, creating a modern yet welcoming reception area.

The property comprises of two double bedrooms, each with grey-coloured carpets in keeping with the décor throughout. The family bathroom on offer here is complete with a 3-piece suite with both bath and shower facilities. This property is also complete with 2 allocated parking bays for your convenience.

The rent payable on the remaining share is £7,700 per year, which equates to £672.63 per calendar month.

The service charge amount is £120.05 per month, along with insurance charge of £39.21 per month, a management charge of £18.33 per month and a reserve charge of £37.43 per month.

In line with schedule 9 of the lease named (Staircasing Provisions) at any time, the leaseholder can contact the landlord to put forward a request to purchase more percentages of the property total. Currently 25% share for £71,250. Following the request from the leaseholder, the landlord will seek a valuation from a valuer to obtain a figure to be put forward back to the leaseholder to confirm a valuation. No restrictions on the amount a leaseholder can purchaser, so a leaseholder could potentially ask to purchase the remaining 75% to own 100% of the property.

Call us today to book your viewing appointment and avoid disappointment – 01279 654646.

For further details on this property please give us a call
01279 654646

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