Summary - 20 FLORENCE WALK BISHOP'S STORTFORD CM23 2NZ
1 bed 1 bath Apartment
Compact central flat with rental appeal and allocated garage close to station.
Long lease — approximately 153 years remaining
Set on the first floor above the Florence Walk arcade, this one-bedroom apartment places everything Bishop’s Stortford offers on your doorstep. The flat has a generous double bedroom, a good-size sitting room and a fitted kitchen — arranged efficiently across approximately 520 sq ft. The long lease (about 153 years) and town-centre position make it straightforward to own or let.
For first-time buyers the property’s compact, manageable layout and clear rental potential (estimated around £1,150 pcm) are strong draws. There is communal parking and an allocated garage within the managed courtyard, helpful for city-centre convenience. Local transport is a major plus: the mainline station, shops, cafés and services are all within easy walking distance.
Buyers should account for running costs: electric storage heating may produce higher energy bills than gas, and the apartment pays a quarterly service charge (£333.97) plus an annual ground rent (£350). The building is modern and generally neutrally presented but the living areas will benefit from redecoration to match personal taste. Crime levels in the immediate area are reported as high, which may influence security or insurance considerations.
Overall this flat suits a first-time buyer seeking a town-centre base or an investor targeting steady rental income. It is compact and practical, with a long lease and communal parking, but factor in service charges, heating type and local crime when deciding to view.
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