3 bedroom link detached house for sale
Key information
Property description & features
- Tenure: Leasehold
- Three bedroom semi detached townhouse
- Three private parking spaces
- Fully tenanted with £2,880 pcm rental income
- Self contained studio with en suite and kitchenette
- Large habitable basement
- Prime location near transport links
- 125 year lease from 2006
- Gas central heating
- Walking distance to Bishops Stortford station
- Close to A120, M11, and Stansted Airport
A Rare Opportunity – Three Bedroom Semi-Detached Townhouse with Investment Potential
This unique semi-detached townhouse offers a versatile living arrangement and is part of an infill development that is otherwise comprised of flats. With its prime location near major transport links and amenities, this property provides both convenience and strong investment potential.
Building and Location:
- A traditionally constructed, multi-storey property featuring external faced rendering under a pitched tile roof.
- The property includes three parking spaces located directly in front of the house.
- Positioned at the entrance of the development, the property faces sideways onto Dunmow Road and is just steps away from the Hockerill Lights crossroads, connecting key routes to the A120, M11, and Stansted Airport.
- A short walk from Bishops Stortford Main Line Station and the town’s main shopping centre, this property is perfectly suited for commuters.
- Council Tax Band: D
Accommodation:
This flexible property is currently multi-let and comprises the following:
- Ground Floor: One lounge (currently used as a bedroom), fully fitted kitchen, and bathroom.
- First Floor: One double bedroom and one single bedroom.
- Second Floor: A self-contained studio room with en-suite and kitchenette.
- Basement: Large habitable space offering additional functionality.
Services:
- The property benefits from full mains services including gas central heating.
Lease Details:
- Lease Term: 125 years from 1st January 2006.
- Ground Rent: £275 per annum, doubling every 25 years.
- Annual Service Charge: Approx. £1,800 per annum (includes building insurance).
Rental Income:
This property is currently tenanted with a total monthly rental income of £2,880, broken down as follows:
- Ground Floor Bedroom/Lounge: £780pcm
- First Floor Double Bedroom: £750pcm
- First Floor Single Bedroom: £525pcm
- Second Floor Studio: £825pcm
This property offers a fantastic opportunity for both investors and homeowners alike, combining a highly desirable location with strong rental yields.
Disclaimer:
All information provided in this description is for general guidance only and does not constitute a contract or part of a contract. Interested parties are advised to independently verify all details, including but not limited to, lease terms, service charges, and rental income. Measurements and descriptions are approximate, and any prospective purchaser should satisfy themselves with a viewing or professional survey prior to making any financial commitment.
EPC RATING
The EPC rating for this home is E
COUNCIL TAX
The council tax band for this property is D
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Property reference S1085055. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by eXp UK - Mackay Property.
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Broadband availability and predicted speed: obtained from Ofcom on March 28, 2023
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on March 28, 2023
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on March 8, 2017 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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