2 Bed Apartment For Sale

PM Estates are pleased to introduce this first floor two-bedroom apartment within the popular Red Lion Court Development of Bishops Stortford's Town Centre, to the sales market.



The property comprises of a spacious living area which is complete with modern herringbone laminate flooring, adding a light and airy feel throughout the living space. The living area then flows directly on to a fitted kitchen area complete with undercounter appliances inclusive of a washing machine, fridge freezer and oven with hob.



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 within the development.



For investors, this property is an ideal choice due to its low service charge of £1,536 per annum, payable bi-annually as well as a ground rent of £250 per annum, also payable bi-annually. The property even in the current rental climate, could achieve a healthy 6.34% rental yield based on a rental figure of £1,400 per calendar month. This property also benefits from a recently extended lease, with 119 years remaining.



The Red Lion Court Development is within 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 Wood Grill restaurant which is on its very doorstep as well as the Nuffield Health Gym Complex, and Sainsbury's superstore to name but a few.



Call us today to book your viewing appointment.