Under Offer £260,000
Red Lion Court, Bishop's Stortford

Description


PM Estates are pleased to introduce this modern top floor apartment to the sales market, within the popular development of Red Lion Court, situated in the heart of Bishops Stortford's Town Centre. This apartment is a short one-minute walk from the mainline rail station, only 0.2 miles away, and has direct links into London Liverpool Street, Stansted, and Cambridge.

This modern apartment has the added benefit of an open-plan dual aspect living area, complete with laminate flooring throughout in a light oak coloured scheme, to complement the neutral-coloured walls throughout. The kitchen area is adjacent to the lounge area and is finished in white wall and base units, with shaker style cabinets and a contrast-coloured splash back to continue the theme throughout the property with undercounter appliances inclusive of a washing machine for your convenience.

The bathroom area has been finished with modern styling aqua panelling, complete in white sparkle, to compliment the fitted suite which includes a P-Shaped bath with shower over, and wall mounted chrome heated towel rail, with slate grey fitted ceramic floor tiles.

The vendor has confirmed the property has recently had new energy efficient electrical heaters installed in the lounge and bedroom areas. In addition, this apartment has the addition of a private loft space, ideal for extra storage.

Both the master bedroom and second bedroom are decorated in natural tones, with a feature wall in grey tones within the master bedroom, in keeping with the laminate flooring. Both bedrooms have views overlooking the communal gardens.

For investors, this property would generate £1,100 per calendar month in rental income, which would achieve a strong 5.08% rental yield. The development has a low service charge of only £540 half yearly and ground rent at £100 half yearly. The current remaining length on the lease is a healthy 120 years.

Red Lion Court is maintained on a weekly basis, with cleaners and gardeners to maintain the communal hallways, and the development gardens. This property has the addition of one allocated parking space, with a visitor bay which is situated within the development.

Call us today to book your viewing appointment and avoid disappointment! - 01279 654646

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01279 654646

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