Summary - 55 PYNCHBEK BISHOP'S STORTFORD CM23 4DJ
2 bed 1 bath Apartment
Ground-floor two-bedroom flat near schools and transport links.
Two double bedrooms with open-plan lounge/diner and patio doors to gardens
Allocated parking space with additional visitor parking bays
Communal gardens provide outdoor space and an open outlook
Potential rental income circa £1,100 pcm (seller's estimate)
Leasehold with only 48 years remaining — lenders may refuse mortgages
Service charge £660pa; ground rent £50pa — verify lease details
EPC rating C; gas central heating and double glazing present
Fast broadband and excellent mobile signal; very low local crime
This ground-floor two-bedroom maisonette offers practical, well-laid-out accommodation across approximately 652 sq ft. An open-plan lounge/diner with patio doors leads onto communal gardens, and an allocated parking space plus visitor bays make day-to-day life straightforward. Heating is gas-fired with double glazing; the EPC is C and council tax is Band C, keeping running costs reasonable.
The property sits within the popular Thorely Park development close to shops, good schools and public transport. Broadband speeds are fast and mobile signal is excellent, and local crime levels are very low — appealing features for first-time buyers or buy-to-let investors seeking steady rental demand. The vendor suggests potential rental income around £1,100 pcm.
Important — the flat is leasehold with 48 years remaining. This short lease is a material issue: many mortgage lenders may refuse to lend until the lease is extended, and extension costs will be additional. Service charge is £660 per year and ground rent £50 per year; buyers should have lease details verified by their solicitor before proceeding.
Condition is described as liveable with scope for light cosmetic improvement to increase appeal and rental value. The layout is compact and efficient, making it a practical starter home or a cash-buy investment with potential for modest uplift after refurbishment.
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