Summary - Miles Way, Bishop's Stortford, Hertfordshire CM23 2YU
2 bed 1 bath End of Terrace
New two-bedroom Shared Ownership home with garden, parking and fast commuter links.
Brand-new two-bedroom end terrace with private garden
A brand-new, two-bedroom end terrace on Miles Way offered via Shared Ownership, designed for first-time buyers seeking an affordable route into Bishop’s Stortford. The house provides a spacious lounge/diner, separate contemporary kitchen and two double bedrooms across 674 sq ft, plus a private garden and off-street parking. Excellent commuter links and fast broadband make it practical for city workers; Stansted and direct trains to London are nearby.
The home is sold as a leasehold Shared Ownership property with a 990-year lease. A 50% share is priced at £207,500 (rent £475.52 pcm), with service charges approximately £840 per year (£70 pcm). Eligibility requirements apply and rent/service charges are reviewed annually. Council tax band is to be confirmed.
Benefits include new-build specification, low-maintenance exterior, integrated kitchen appliances and parking. Notable considerations: this is a Shared Ownership leasehold sale — there will be monthly rent on the unsold share, annual service charges, and restrictions tied to the scheme. The property has a single family bathroom and average-sized rooms, so buy-to-let investors should check scheme restrictions.
Overall, this is a practical, lower-cost entry into an affluent, well-served town. It suits first-time buyers or households prioritising transport links and low initial outlay, but buyers should budget for ongoing rent, service charges and shared-ownership conditions.
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