2 Bed Flat, Single Let, Stansted, CM24 8AE, £250,000

Chapel Hill, Stansted, Essex, CM24 8AE - 2 months ago

BTL
ROI: 3%
~68 m²
+10 photos

ValuationUndervalued











Cashflows



































Local Area Statistics

Population in CM24

6,736

Population in Stansted

6,752

Town centre distance

0.07 miles away

Nearest school

0.10 miles away

Nearest train station

0.21 miles away

 

 

Rental growth (12m)

-29%

Sales demand

Balanced market

Property History

Listed for £250,000

January 20, 2025

Floor Plans

Description

  • 2 Bedroom Apartment +
  • 1st Floor with Own Entrance +
  • Well Presented Throughout +
  • Thermal Efficient with New Insulation +
  • Convenient Location +
  • Walk to Station & all Amenities +
  • Off Street Parking +
  • Rental potential £1200 PCM +
  • Council Tax Band B +
  • EPC Exempt/Grade II Listed +

Offered with no onward chain is this greatly improved and well insulated, two-bedroom, first floor apartment with a share of the freehold. The property is Grade II Listed and situated in a convenient location close to the station and all the village amenities. Accommodation comprises an external spiral staircase to front door, entrance hall, open plan kitchen/family/reception room with island unit, two bedrooms and a bathroom. Outside is allocated parking to the rear. The property also enjoys views over the recreation ground towards the windmill.

There are 961 years remaining on the lease. The annual service charge is £1515 and there is no ground rent.

Council Tax Band B. EPC Exempt.

Lease, ground rent and maintenance details have been provided by the seller, but their accuracy cannot be guaranteed, as we may not have seen a copy of the original lease. Should you proceed with the purchase of this property, lease details must be verified by your solicitor.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum of six months, with the exception of short term accommodation. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
BUYERS INFORMATION

To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers. We use the services of a third party, Lifetime Legal, who will contact you directly at an agreed time to do this. They will need the full name, date of birth and current address of all buyers. There is a nominal charge of £60 plus VAT for this (for the transaction not per person), payable direct to Lifetime Legal. Please note, we are unable to issue a memorandum of sale until the checks are complete.

REFERRAL FEES

We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying. We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider. The ancillary service provider may be an associated company of Intercounty.'

IST250001/5

Agent Details

Intercounty, Stansted

01279 594576

Next Steps?

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