For Sale £262,500
Stortford Hall Park, Bishop's Stortford

Description


Situated in the popular Belgrave House development just 1.3 miles from the town centre of Bishops Stortford and with the rail station just 1.0 mile away offering direct services to London Liverpool Street, Stansted Airport & Cambridge City Centre - this spacious light and airy apartment is available now on the sales market and stands as either an attractive investment or perfect first home for owner occupiers.

This well-proportioned, immaculately presented property comprises of a generously sized living area as well as a separate kitchen area with under-counter appliances. The property itself is filled by an abundance of natural light which only serves to further amplify the spacious feel throughout.

Along the hallway you will be greeted by 2 double bedrooms with ample space for furnishings as well as a family sized tiled bathroom complete with both bath and shower facilities for convenience.

The Belgrave House development boasts well-kept communal gardens which provides its occupants with a welcome retreat from the hustle and bustle of the town and adds to the overall aesthetic charm of the development. From an investment perspective, the service charge is minimal whereby this is set at just £860.00 per annum paid quarterly with a ground rent payable of £60.00 per annum, also paid quarterly. The lease is also in the process of being extended and so there will be a generous 125 years on the lease on completion of sale. Rental yields here are in excess of 5.03% with a projected rental yield of between £1,100 - £1,150pcm.

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