PM Estates are please to introduce this well-presented ground floor one double bedroom, one bathroom apartment to the sales market.
This property is situated within the highly sought-after John Dyde Close development within the town centre of Bishops Stortford. The property is finished to a high specification throughout and is within 424ft to the mainline rail station itself, offering direct services into Stansted Airport, London Liverpool Street and Cambridge city centre, lending itself to city professionals and airport commuters alike.
The property comprises of a spacious, bright and airy open plan living area which flows directly on to a fully fitted wood-effect kitchen with neutral tones throughout and ample space for appliances whereby the property benefits from an integrated fridge/freezer and oven with extractor. The living area is complimented with double French doors leading out onto a wooden terraced area, which is shared with just only two other apartments.
The property also boasts an exceptionally large and tiled family sized bathroom complete with bath and shower facilities as well as two purpose-built storage cupboards along the hallway itself with ample space for everyday household items. Also, on offer here is the added luxury of an underground secure allocated parking space, as well as visitors parking also available within the development itself.
The John Dyde Close Development is located within the very heart of Bishops Stortford's cosmopolitan town centre and is just a short walk away from many of the town's most popular amenities such as the Nuffield Health Centre & Spa, and the M&S Food Hall on its very doorstep. For investors, this will prove to be an ideal choice providing a healthy rental yield in excess of 8.21% based on an achievable rental figure of £1,300.00 per calendar month.
There are also a healthy 107 years remaining on the lease with a service charge payable of £2,330.04 per annum as well as a ground rent of £250.00 per annum, plus an additional £75.00 per annum in service charges for the parking bay.
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