• Second Floor Apartment +
• Modern Wooden Style Kitchen +
• Integrated Appliances +
• Open-Plan Living Area +
• Two Double Bedrooms +
• Family Sized Bathroom and Ensuite +
• Secure Allocated Parking Bay +
• Private Balcony Area, overlooking the communal gardens and canal +
• Energy Rating B and Council Tax Band C +
• Rental Investment yields in excess of 7.11% +

PM Estates are pleased to introduce this well-presented second floor two bedroom, two-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 doors leading out onto a private balcony area, overlooking the communal gardens and canal.

The property has two double sized bedrooms, with the master room having the added benefit of an ensuite shower room, in addition the property 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 a 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 7.11% based on a rental figure of £1,600 per calendar month, with tenants currently in situ, however, would vacate if purchased by an owner occupier.

There are also a healthy 104 years remaining on the lease. The ground rent is £325 per year (apartment is £250 and for the parking space is £75) and the service charge last year was £2,915.74.