Asking Price £270,000

2 bed apartment for sale in Knights Row, Waytemore Road, Bishop's Stortford, Hertfordshire (ref: 31470642)

Shortlist

Key features

  • Sought-after Knights Row development on Waytemore Road, Bishop’s Stortford
  • Spacious two-bedroom ground floor apartment
  • Private patio and seating area accessed via double doors from the living room
  • Secure communal entrance with entry phone system
  • Modern kitchen/diner and contemporary family bathroom
  • Allocated parking to the front of the block
  • Private storage shed within the communal garden
  • Walking distance to town centre, Tesco Express and local amenities
We are delighted to present this superb two-bedroom ground floor apartment, ideally positioned within the highly sought-after Knights Row development on Waytemore Road, Bishop’s Stortford.

Whether you are a first-time buyer, downsizer or investor, this property offers an excellent opportunity. The apartment has the potential to achieve approximately £1,300 per calendar month in rental income, equating to an attractive gross yield of 5.89% and a net yield of approximately 5.59%.

The property benefits from a long lease of around 107 years remaining and a modest annual service charge of approximately £790.08, making it both a practical and cost-effective long-term option.

Accessed via a secure communal entrance with entry phone system, the accommodation is well laid out and includes two good-sized double bedrooms, a modern family bathroom, a well-appointed kitchen/diner and a bright living room. From here, double doors open directly onto a private patio and seating area, providing a lovely connection to the well-maintained communal gardens — ideal for morning coffee or relaxing in the warmer months.

Additional features include a private storage shed within the communal garden and allocated parking conveniently positioned to the front of the block.

The location is a real highlight, with Bishop’s Stortford town centre within easy reach, along with a range of local amenities including Tesco Express on Havers Lane, independent shops, cafés and excellent transport links.

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.

Stamp duty due

Based on a sale price of £270,000 the total amount of stamp duty payable will be:

*

Last updated: The calculator has been updated to reflect changes in stamp duty following the Autumn Budget on 30th October 2024 for April 1st 2025 onwards.

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.

11 Property images

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Further details

  • New listing: launched in the last 10 days
  • Status: Available
  • Size: 548.96 sq ft (51 sq m)
  • Tenure: Leasehold
  • Reference: 31470642

Location