
Red Lion Court, Bishop's Stortford, Hertfordshire, CM23

- PROPERTY TYPE
Apartment
- BEDROOMS
1
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- First Floor Apartment
- Modern Interior Design
- Large Lounge Area
- Fitted Kitchen with Appliances
- Family Sized Bathroom
- One Double Bedroom
- Close Proximity to Mainline Rail Station
- Energy Rating C
- Council Tax Band B
- Investment opportunity offering a potential yield in excess of 7.14%
Description
The property comprises of a spacious living area which is complete with a large window overlooking the communal gardens, which creates a light and airy feel into the room. 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.
The bedroom is double in size, with the room complete with carpet and has been decorated in neutral colour tones. This property also benefits from an allocated parking space within the development.
For investors, this property is an ideal choice due to its low service charge of £1,781.41 per annum as well as a peppercorn ground rent as the lease was extended to 189 years from 25th December 1985.
There is currently a tenant in situ paying £990 per calendar month, however in the current rental climate, could achieve a healthy 7.14% rental yield based on a rental figure of £1,100 per calendar month.
The Red Lion Court Development is just a short walk from a range of local amenities. Residents enjoy easy access to both the Nuffield Health and Snap Fitness gym complexes, as well as Sainsbury's, Aldi, and Tesco Express for all shopping needs. For entertainment, the Ace of Lanes bowling alley and a local cinema are right on your doorstep. Bishops Stortford also boasts a cosmopolitan selection of eateries and a choice of traditional pubs, all within walking distance.
Bishops Stortford is an historic market town with a great deal to offer. It is strategically located close to Stansted Airport, equidistant between London and Cambridge.
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.
It has superb road and rail links; London Liverpool Street is 35 minutes away by Stansted Express and the M11 links into the M25 at junction 27 thereby giving easy access to all parts of the country.
Locally, the main bus routes are 510, 308, and 301 operating every 20 minutes covering routes to Stansted Airport, Cambridge, Takeley, Braintree, Harlow and Saffron Walden.
Call us today to book your viewing appointment!
Brochures
Brochure 1- 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.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Allocated
- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Red Lion Court, Bishop's Stortford, Hertfordshire, CM23
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Visit our security centre to find out moreDisclaimer - Property reference 0204202638RLC. 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 P M Estates, Bishop's Stortford. 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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