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Shared ownership
£270,000

1 bedroom apartment for sale

at Jeans Lane, Bells Hill, Bishops Stortford CM23
Apartment
1 bed
1 bath
Added > 14 days

Key information

TenureLeasehold | 50% share | rental £2.75pcm | 116 yrs left
Service charge£1,336.32 per annum
Council taxBand B

Features and description

  • Tenure: Leasehold (116 years remaining)


Property Reference Number: 1639442



 



This is a fantastic large 1-bedroom ground floor flat with its own entrance, off-road parking & generous south-facing private garden located in Bishops Stortford.



 



This apartment has floor-to-ceiling patio double doors flooding the room with natural light, leading out to the private garden. Located in a quiet private cul du sac, this home is only a 5-minute walk from the centre of Bishops Stortford, offering fantastic railway links to London Liverpool Street and Stansted Airport.



 



Situated in between London and Cambridge, Bishops Stortford lies on the River Stort, fantastic for nature lovers, jogging or dog walks. The area offers a vibrant town centre with Waitrose, Jackson Square shopping centre, South Street Market & local shops offering plenty of shopping options.



 




Nearest stations: Bishops Stortford station



Bus routes: 20, 27, 311, 351, 38




 



The property located on the ground floor comprises:




- Spacious open-plan living/kitchen/dining area



- 12m Private garden and patio



- Abundant natural light leading out to the South facing garden. 



- Shed



- Quiet cul-de-sac location



- Private entrance



- Integrated kitchen appliances



- Great travel connections to London and beyond



 



What happens after I register my interest? 



You will receive an email confirmation that will confirm next steps including how to book a viewing, completing a financial assessment with a mortgage advisor and completing a Shared Ownership Application Form. 

If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email, please contact [use Contact Agent Button] and our team will be able to help you. 








What is Resale Shared Ownership? 

Through Shared Ownership you can buy up to 75% of the property, paying a low-cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these homes even more affordable than buying through private sale. With resale properties, you must purchase your first share at the percentage the existing leaseholder owns or more.  





Financial information 

Tenure: Leasehold 

Remaining lease term: 116 years 

Annual ground rent amount: 

Ground rent review period: Annually

Annual service charge amount: £1,336.32

Service charge review period: Annually 

Council tax band:  B





*Financial information correct as of 16.09.24


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About this agent

Peabody - Resales
Peabody - Resales
45 Westminster Bridge Road London SE1 7JB
020 8022 5253
Full profileProperty listings
Peabody develop award-winning homes across London and the Home Counties, with a mission to create great places where people can flourish and want to live. Our ambitious house-building programme aims to provide thousands of high-quality new homes for private sale, Shared Ownership, Rent to Buy, and social rent.
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