For Sale £175,000
High Lane, Stansted


PM Estates are pleased to introduce this ground apartment within the popular Mews Development along High Lane within the idyllic village of Stansted Mountfitchet.

This property comprises of a large lounge area, with the addition of a separate kitchen area complete with modern gloss styled units, and freestanding appliances inclusive of a washer dryer.

The double bedroom has the inclusion of a built-in wardrobe, along with Velux windows to allow an abundance of natural light to flow into this room. The bathroom has been fully tiled and is complete with a fitted three-piece suite with bath and shower facilities.

The Mews is a popular residential development and located within just a five-minute walk from the mainline rail station which offers direct services to London Liverpool Street, Cambridge, and Stansted Airport, making this property an ideal choice for commuters and airport staff alike. This property also boasts the added benefit of an allocated parking space.

For investors, this will prove to be an ideal choice, with an achievable rental value of £995 per calendar month, providing a healthy rental yield of 6.82%. There is currently 958 years remaining on the lease, and a service charge payment due of £480 per annum, payable bi-yearly.

The development is also close to local amenities, such as the Dog and Duck Pub and Café Yeomans, Linden House Guesthouse and a Tesco Express Store, to name but a few.

Stansted Mountfitchet is a historic village that dates back to the Roman era. It is recognized by its large windmill, which can be seen throughout Stansted and was constructed in 1878.

This village is most known for the Mountfitchet Castle, where this historic site dates back to the Iron Age and was then used as a Roman signals fort, Saxon town, and Viking stronghold. It was eventually attacked by William the Conqueror in 1066. The only wooden Motte and Bailey reconstruction on its original site anywhere in the world, Mountfitchet Castle underwent extensive restoration that culminated in its public opening in 1985.

Also, within reaching distance is London Stansted Airport, which is one stop away on the train, or just a 10-minute bus journey. Despite the close proximity to the airport, Stansted is one of the only places within the surrounding area that has no flight paths, enhancing its quiet and picturesque village atmosphere.

The village has grown larger in size over recent years and is becoming an ever-popular location for families and commuters alike, as its fantastic transport links are complemented by its quaint shops and boutiques. The appeal is enhanced as Stansted is only 3 miles from the market town of Bishops Stortford which offers a large indoor shopping centre, many restaurants and bars and a weekly market within its high street, encapsulation and promoting the areas historical roots.

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


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