£62,500

This bright and spacious one bedroom flat is now available in Bishops Stortford, Hertfordshire through Shared Ownership.

The property comprises an entrance hallway with storage space, an open-plan kitchen and living room, a bedroom and a bathroom. This could be ideal for couples or singles.

The flat is located on the ground floor. Perfect for anyone seeking comfort and convenience, this offers a seamless flow from indoors to outdoors.

Available for £62,500 for 25% share based on the marketing figure of £250,000.

Monthly rent - £483.7
Monthly Service Charge - £105.07
Total Monthly Charge - £588.77 plus mortgage required for 25% share.

On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.

An annual rent increase takes place every April

The property is located within a residential area with convenient access to a range of local amenities.

A large supermarket can be reached within a 8 minute walk or 3 minute drive. The nearest bus stop is a 4-5 minute walk, offering direct routes to the high street and Jackson Square Shopping Centre in around 13 minutes.

Bishop’s Stortford town centre provides a great selection of shops, restaurants, supermarkets and leisure facilities for everyday convenience, giving locals plenty of choice for both essentials and downtime.

For commuters, Bishop’s Stortford railway station in the town centre provides Stansted Express and Greater Anglia services, offering regular routes to London Liverpool Street and convenient connections to Cambridge.

With excellent transport links and everyday essentials close by, this property enjoys a standout location in one of Hertfordshire’s most desirable market towns for residents seeking both comfort and connectivity.

Energy rating band - B

Environmental impact band - B

Years remaining on lease: 987

In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.

How we allocate Shared Ownership homes

We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.

If the home is managed by SO Resi and MTVH

You can read the Shared Ownership allocation policy on the MTVH website. SO Resi is the Shared Ownership brand of MTVH, a housing association.

If the home is managed by another provider

Visit their website to find their allocation policy. Contact us if you have any questions.