Recreation Ground, Stansted, Essex
- PROPERTY TYPE
Apartment
- BEDROOMS
2
- BATHROOMS
1
- SIZE
560 sq ft
52 sq m
Key features
- Beautifully refurbished 2-bedroom ground-floor apartment with modern finishes.
- Private front entrance leading into a spacious and well-designed layout.
- Bright and airy living/dining room with large windows and garden views.
- Modern kitchen and high-quality bathroom suite finished to a high standard.
- Allocated parking space and well-maintained communal gardens.
- 999-year lease with a share of the freehold and no ground rent payable.
- Excellent investment opportunity with a potential rental yield of up to 6.24%.
- Prime location in Stansted Mountfitchet, close to the train station and local amenities.
Description
The apartment benefits from its own private front entrance, leading into a porch and spacious entrance hall. The bright and airy living/dining room enjoys a large window overlooking the well-maintained communal gardens, with an additional side window allowing for an abundance of natural light. The modern kitchen has been finished to a high standard, offering a functional and contemporary space. Both bedrooms enjoy views over the greenery to the front, and the high-quality bathroom suite has been newly fitted to create a sleek and stylish feel. The property also benefits from gas central heating and double glazing throughout.
Externally, the apartment is surrounded by well-kept communal gardens, creating a peaceful setting. An allocated parking space is included, and the property boasts a long lease of approximately 999 years, with the added benefit of a share of the freehold. The annual service charge is £1680 per annum, and no ground rent is payable.
For investors, this apartment represents a fantastic opportunity, with an estimated rental income of approximately £1,300 per month, equating to a gross rental yield of 6.24% and a net yield of 5.57%.
Stansted Mountfitchet is a charming and historic village, renowned for its picturesque setting and excellent transport links. The apartment is just a short walk from the mainline train station, offering direct services to London Liverpool Street and Cambridge, making it ideal for commuters. The village itself boasts a range of local amenities, including independent shops, cafés, and restaurants. Stansted’s historic Windmill and Mountfitchet Castle provide a glimpse into the area's rich history, while the nearby recreation ground offers green open space for leisure and relaxation.
This stunning apartment offers an unbeatable combination of modern living, convenience, and charm in one of Essex’s most sought-after villages. Early viewing is highly recommended
- 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: B
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- 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
Recreation Ground, Stansted, Essex
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About Willmott & Lake, Bishop's Stortford
23 Hockerill Street, Bishop's Stortford, CM23 2DH
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