Affordable town apartment ideal for first-time buyers seeking commuter convenience.
60% shared ownership — affordable route into Bishop’s Stortford
Two double bedrooms in a ground-floor, easy-access layout
Open-plan fitted kitchen and sitting room with neutral finishes
Approximately 80 years remaining on the lease — affects mortgageability
Electric room heaters; double glazing but no gas central heating
Residents off-street parking; communal entry with entryphone
Service charge £69.63/month; no ground rent payable
Close to mainline station, good schools, and local amenities
A well-presented ground-floor apartment offered on a 60% shared ownership basis, presented at an affordable asking price. The open-plan kitchen/sitting room, two double bedrooms and neutral finishes create a bright, low-maintenance living space suited to a single professional or first-time buyers seeking a convenient town location.
Practical features include double glazing, communal entry with an entryphone system, off-street residents parking and fast broadband and mobile coverage. Maintenance costs are modest: service charge £69.63 per month and no ground rent. The property is close to Bishop’s Stortford amenities, good schools and the mainline station, making commuting and local life straightforward.
Important lease and lending note: there are approximately 80 years remaining on the lease. This is likely to affect mortgage availability — some lenders may refuse to lend unless the lease is extended. Buyers should check mortgageability and the cost of any lease extension before committing.
The apartment is electrically heated (room heaters) and requires no immediate cosmetic works, but buyers should factor in the limitations and potential cost of extending the lease if needed. For first-time buyers wanting an affordable entry to a very affluent area with good transport links, this offers clear value provided lending is confirmed.
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