£122,500

Stylish One-Bedroom Apartment with Riverside Setting – Shared Ownership Opportunity

Situated within a modern and well-maintained development, this attractive one-bedroom second floor apartment offers an excellent opportunity to step onto the property ladder through Shared Ownership. Built in 2018, the home is well presented throughout and designed with contemporary living in mind.

The accommodation comprises a welcoming entrance hall with useful storage, a spacious open plan kitchen and living area fitted with a range of integrated appliances, and a comfortable double bedroom featuring built-in mirrored wardrobes. A well-appointed bathroom completes the interior, offering a clean and functional space.

Externally, residents benefit from an allocated parking space along with visitor parking, and access to pleasant communal gardens which enjoy a peaceful setting close to the River Stort. The property is ideal for first-time buyers seeking a low-maintenance home in a quiet yet convenient location.

Key Information

• Tenure: Shared Ownership
• Available Shares from: 50%
• Full Market Value: £245,000
• Share Value (initial purchase) from: £122,500
• Rent (on unsold equity): £359.49 per month
• Service Charge: £166.22 per month
• Lease Length: 117 years remaining
• Council Tax Band: B
• EPC Rating: B

Location

The property is located at the end of a quiet no-through road on the eastern fringe of Bishop’s Stortford town centre, offering a peaceful residential setting with no passing traffic. The development backs onto the River Stort Navigation, providing a pleasant natural outlook.

Bishop’s Stortford offers a wide range of amenities including shops, restaurants, schools, and leisure facilities, all within easy reach. The mainline railway station is within walking distance, providing direct connections to London Liverpool Street and Cambridge, making this an ideal location for commuters. Excellent road links are also available via the M11 and A120.