1 Bed Apartment – Refurbished – Bishop's Stortford – Investment or Vacant Possession | £175,000

Description

MUST SELL ASAP - MAKE AN OFFER

Please Note: No Estate Agents, No Auctioneers and No Scammers. Happy to chat with Buyers/Investors Only

A recently fully refurbished one bedroom second floor apartment on South Street, the main shopping street in the heart of Bishop's Stortford town centre — ideal for a first-time buyer, investor or owner-occupier. Available as an investment opportunity with a tenant in situ generating £1,000 per month in rental income, or with vacant possession following the standard 4 months' notice, served upon sale agreed.
Investment snapshot:

• Asking price: £175,000
• Rental income: £1,000 pcm (£12,000 per annum)
• Service charge: approx. £2,000 per annum (currently under negotiation)
• Strong net yield potential in a prime town centre location
• 124-year lease — which can be extended once purchased
• Vacant possession available — 4 months' notice served upon sale agreed

About the property: Recently fully refurbished throughout, the apartment is accessed via a secure communal entrance with entry phone system. Inside you'll find an entrance hall with useful storage cupboard, a double bedroom, a re-fitted bathroom with three-piece suite, a bright sitting room, and a fitted kitchen with integrated appliances.

Location: Situated on South Street — Bishop's Stortford's main shopping street — the property couldn't be better placed, with shops, restaurants and all amenities right on the doorstep and the mainline station just a 10 minute walk away, offering direct services to London Liverpool Street and Cambridge. The M11 is on the eastern outskirts giving easy access to London, Cambridge and the M25. Stansted Airport is just 4 miles away.

Key details:
• Asking price: £180,000
• Recently fully refurbished throughout
• Prime location on South Street, the main shopping street
• 10 minutes' walk to mainline station (London Liverpool Street)
• Investment opportunity or vacant possession available
• Vacant possession: 4 months' notice served upon sale agreed
• Rental income: £1,000 pcm (£12,000 per annum)
• Service charge: approx. £2,000 per annum (currently under negotiation)
• Second floor town centre apartment
• One double bedroom
• Fitted kitchen with integrated appliances
• Re-fitted bathroom
• 365 sq ft / 34 sq m
• Leasehold – 124 years remaining (extendable)
• Council Tax: Band B
• EPC: D