Summary - Miles Way, Bishop's Stortford, Hertfordshire CM23 2YU
2 bed 1 bath Terraced
Affordable shared ownership in a commuter-friendly Hertfordshire town.
- Brand-new 2-bed mid-terrace with garden and off-street parking
- Spacious lounge/diner with patio doors and natural light
- Available via Shared Ownership from a 50% share (£205,000)
- Long lease: 990 years remaining
- Direct trains to London; excellent mobile and fast broadband
- Service charge approximately £840 per year (below average)
- Leasehold tenure; rent payable on unsold share, annual reviews apply
- Council tax band not yet confirmed; minor snagging likely on handover
This brand-new two-bedroom mid-terrace offers an affordable route onto the local property ladder via Shared Ownership. The layout suits a first-time buyer or couple: a spacious lounge/diner with patio doors, separate kitchen, ground-floor cloakroom and two double bedrooms upstairs. The property includes an enclosed garden and off-street parking.
Practical points that add value: a very long 990-year lease, fast broadband and excellent mobile signal, no flooding risk, and direct rail links to London making commuting straightforward. Annual service charges are modest at around £840 and initial shares start from 50%, reducing the upfront cost.
Be clear about the practicalities: this is a leasehold Shared Ownership home, so rent on the unsold share and annual reviews will apply. Council tax banding is not yet confirmed. As a new build, finish and final fixtures may vary from show images and minor snagging work may be necessary after handover.
Overall this is a pragmatic, lower-cost entry into Bishop’s Stortford with modern fittings, good transport links and convenient local amenities — best suited to first-time buyers seeking affordability and commuter convenience.
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