Joscelyn Yard, Dunmow Road, Bishop's Stortford, CM23
- PROPERTY TYPE
Terraced
- BEDROOMS
3
- BATHROOMS
2
- SIZE
1,123 sq ft
104 sq m
Key features
- Three-bedroom semi-detached townhouse
- Three private parking spaces
- Fully tenanted with £2,880 pcm rental income
- Self-contained studio with en-suite and kitchenette
- Large habitable basement
- Prime location near transport links
- 125-year lease from 2006
- Gas central heating
- Walking distance to Bishops Stortford station
- Close to A120, M11, and Stansted Airport
Description
A Rare Opportunity – Three Bedroom Semi-Detached Townhouse with Investment Potential
This unique semi-detached townhouse offers a versatile living arrangement and is part of an infill development that is otherwise comprised of flats. With its prime location near major transport links and amenities, this property provides both convenience and strong investment potential.
Building and Location:
- A traditionally constructed, multi-storey property featuring external faced rendering under a pitched tile roof.
- The property includes three parking spaces located directly in front of the house.
- Positioned at the entrance of the development, the property faces sideways onto Dunmow Road and is just steps away from the Hockerill Lights crossroads, connecting key routes to the A120, M11, and Stansted Airport.
- A short walk from Bishops Stortford Main Line Station and the town’s main shopping centre, this property is perfectly suited for commuters.
- Council Tax Band: D
Accommodation:
This flexible property is currently multi-let and comprises the following:
- Ground Floor: One lounge (currently used as a bedroom), fully fitted kitchen, and bathroom.
- First Floor: One double bedroom and one single bedroom.
- Second Floor: A self-contained studio room with en-suite and kitchenette.
- Basement: Large habitable space offering additional functionality.
Services:
- The property benefits from full mains services including gas central heating.
Lease Details:
- Lease Term: 125 years from 1st January 2006.
- Ground Rent: £275 per annum, doubling every 25 years.
- Annual Service Charge: Approx. £1,800 per annum (includes building insurance).
Rental Income:
This property is currently tenanted with a total monthly rental income of £2,880, broken down as follows:
- Ground Floor Bedroom/Lounge: £780pcm
- First Floor Double Bedroom: £750pcm
- First Floor Single Bedroom: £525pcm
- Second Floor Studio: £825pcm
This property offers a fantastic opportunity for both investors and homeowners alike, combining a highly desirable location with strong rental yields.
Disclaimer:
All information provided in this description is for general guidance only and does not constitute a contract or part of a contract. Interested parties are advised to independently verify all details, including but not limited to, lease terms, service charges, and rental income. Measurements and descriptions are approximate, and any prospective purchaser should satisfy themselves with a viewing or professional survey prior to making any financial commitment.
EPC RATING
The EPC rating for this home is E
COUNCIL TAX
The council tax band for this property is D
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: D
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Driveway
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Joscelyn Yard, Dunmow Road, Bishop's Stortford, CM23
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Visit our security centre to find out moreDisclaimer - Property reference S1085054. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Mackay Property, Powered by eXp UK, Sawbridgeworth. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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