Conveniently located in the heart of Bishops Stortford's Town Centre within in the popular residential development of Red Lion Court, this well-proportioned, second floor two-bedroom apartment is offered to the sales market this Spring.
The property comprises of a spacious living area complete with natural coloured carpets which work in tandem with the décor present throughout the room, adding a light and airy feel throughout the living space which simply cannot be ignored. The room itself has the ample provision of space for both lounge furnishings as well as a dining table and chairs.
This generously sized living space then flows directly on to a fitted kitchen area complete with undercounter appliances inclusive of a washing machine, fridge freezer and oven with hob. The neutral tones of the adjoining living space are again mirrored within the kitchen area itself which only serves to compliment the ambience created within.
Both bedrooms are double in size, are carpeted throughout and remain naturally lit with large, double-glazed windows in both. This property also benefits from an allocated parking bay whereby the carpark has recently been resurfaced.
For investors, this property is an ideal choice due to its low service charge of £1,080.00 p.a. payable bi-annually as well as a ground rent of £400 p.a. payable bi-annually. The property even in the current rental climate, could achieve a strong 5.36% rental yield based on a rental figure of £1,150 per calendar month. This property also benefits from a recently extended lease, with 121 years remaining.
Red Lion Court is ideally situated due to its exceptionally close proximity to the mainline rail station which offers direct services to London Liverpool Street, Stansted Airport and Cambridge City Centre.
The development is also just a stone's throw away from many of the town's amenities inclusive of the Villa restaurant which is on its very doorstep as well as the Empire Cinema Complex, Sainsbury's superstore to name but a few.
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