2 Bed Flat, Single Let, Bishop's Stortford, CM23 3GR, £265,000

• Investment Opportunity +
• Approx. 5.59% Net Yield +
• Tenant In Situ +
• Fully Furnished +
• Achieving £1,300pcm +
• 2 Double Bedrooms +
• Communal Gardens +
• Allocated Parking +

We are delighted to present this superb 2-bedroom ground floor apartment located in the sought after Knights Rows on Waytemore Road, Bishop’s Stortford. The property offers an excellent investment opportunity, currently achieving a rental income of £1,300pcm per calendar month with a tenant in place under an assured short hold tenancy until 3rd November 2024.

The property boasts a lease of approximately 107 years remaining an a modest service charge of approximately £790.08 per annum. This gives the property a gross rental yield of 5.89% and a net rental yield of 5.59%.

Internally the apartment is accessed via a secure communal entrance hall and comprises 2 double bedrooms, family bathroom, kitchen and a living / dining room with double doors leading out to patio area and communal garden. The property boasts a private storage shed in the communal garden and allocated parking to the front of the block.

Please note that while we have been advised of the lease length and service charge details, we have not seen sight of the official documentation. Prospective buyers are encouraged to verify these details independently.