Summary - NAILS LANE HOUSE, 30 FLAT 5 SOUTH STREET BISHOP'S STORTFORD CM23 3AT
1 bed 1 bath Apartment
Compact refurbished flat close to stations and local amenities ideal for investment or first home.
Refurbished one-bedroom, bright second-floor apartment
Town-centre location — short walk to shops and train station
Compact 386 sq ft layout with good storage
Potential rental income around £950 pcm (agent estimate)
Leasehold with c.124 years remaining, no ground rent
Quarterly service charge £550 (approx. £2,200 annually)
Heating via electric room heaters — higher running costs possible
EPC Band D, Council Tax Band B (relatively low)
This second-floor, one-bedroom apartment is freshly refurbished and sits in the heart of Bishop’s Stortford town centre, minutes on foot from shops and the train station. The compact 386 sq ft layout has a bright living room, a double bedroom, fitted kitchen with integrated appliances and an entrance hall with useful storage.
Practical features include double glazing, excellent mobile signal and fast broadband — helpful for tenants or home workers. The property is leasehold with 124 years remaining, no ground rent and a quarterly service charge of £550 (approx. £2,200 annually). EPC Band D and Council Tax Band B are noted.
Points to consider: heating is by electric room heaters rather than a central system, which can mean higher running costs. The flat’s overall size is small and the service charge is a material ongoing cost. For investors, the vendor suggests a potential rental of around £950 pcm; first-time buyers will appreciate the town-centre convenience and low council tax but should budget for electric heating costs and service charge commitments.
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