Asking Price £250,000

2 bed apartment for sale in Recreation Ground, Stansted, CM24 (ref: 93013834)

Shortlist

Key features

  • Beautifully refurbished 2-bedroom ground-floor apartment with modern finishes.
  • Private front entrance leading into a spacious and well-designed layout.
  • Bright and airy living/dining room with large windows and garden views.
  • Modern kitchen and high-quality bathroom suite finished to a high standard.
  • Allocated parking space and well-maintained communal gardens.
  • 999-year lease with a share of the freehold and no ground rent payable.
  • Excellent investment opportunity with a potential rental yield of up to 6.24%.
  • Prime location in Stansted Mountfitchet, close to the train station and local amenities.
Rarely available, this beautifully presented and fully refurbished two-bedroom ground-floor apartment offers modern living in the heart of Stansted Mountfitchet. Thoughtfully updated throughout by the current owners, the property is ideal for first-time buyers, downsizers, or investors seeking a stylish and functional home in a prime location.

The apartment benefits from its own private front entrance, leading into a porch and spacious entrance hall. The bright and airy living/dining room enjoys a large window overlooking the well-maintained communal gardens, with an additional side window allowing for an abundance of natural light. The modern kitchen has been finished to a high standard, offering a functional and contemporary space. Both bedrooms enjoy views over the greenery to the front, and the high-quality bathroom suite has been newly fitted to create a sleek and stylish feel. The property also benefits from gas central heating and double glazing throughout.

Externally, the apartment is surrounded by well-kept communal gardens, creating a peaceful setting. An allocated parking space is included, and the property boasts a long lease of approximately 999 years, with the added benefit of a share of the freehold. The annual service charge is £1680 per annum, and no ground rent is payable.

For investors, this apartment represents a fantastic opportunity, with an estimated rental income of approximately £1,300 per month, equating to a gross rental yield of 6.24% and a net yield of 5.57%.

Stansted Mountfitchet is a charming and historic village, renowned for its picturesque setting and excellent transport links. The apartment is just a short walk from the mainline train station, offering direct services to London Liverpool Street and Cambridge, making it ideal for commuters. The village itself boasts a range of local amenities, including independent shops, cafés, and restaurants. Stansted’s historic Windmill and Mountfitchet Castle provide a glimpse into the area's rich history, while the nearby recreation ground offers green open space for leisure and relaxation.

This stunning apartment offers an unbeatable combination of modern living, convenience, and charm in one of Essex’s most sought-after villages. Early viewing is highly recommended

Stamp duty due

Based on a sale price of £250,000 the total amount of stamp duty payable will be:

*

Last updated: The calculator has been updated to reflect changes in stamp duty following the Mini Budget on 23rd September 2022.

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

15 Property images

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Further details

  • New listing: launched in the last 10 days
  • Status: Available
  • Size: 559.72 sq ft (52 sq m)
  • Council tax band: B
  • Tenure: Leasehold
  • Reference: 93013834

Location

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