Property Summary

Archer Place, BISHOP'S STORTFORD - Shared Ownership £121,500 Guide Price

DESCRIPTION **45% SHARE** A well presented 2 bedroom second floor corner apartment situated in the heart of the town within easy walking distance of shops and the mail line railway station. The bright and airy accommodation comprises entrance hall, open plan lounge/diner/kitchen, 2 bedrooms and a family bathroom. Outside there is an allocated parking space and communal areas including a paved area with raised garden beds and pergolas. Additional features include gas central heating and UPVC windows throughout.

SITUATION The busy market town of Bishop's Stortford offers an excellent range of amenities, including multiple shopping facilities, schooling for all ages and many sports and social facilities. There is also a mainline railway station with connections to London Liverpool Street. The M11 intersection, just outside the town offers connections to London and the M25 orbital motorway. London's third International Airport is at Stansted only 10 minutes' drive away.

GROUND FLOOR

COMMUNAL ENTRANCE Stairs leading to all floors

SECOND FLOOR

ENTRANCE HALL Spacious hallway with airing cupboard, entry phone system, doors off to:

OPEN PLAN LOUNGE/DINER/KITCHEN 21' 11" x 11' 5" (6.70m x 3.50m) Double glazed window to the front aspect and side aspect, radiator, TV & Telephone points, fitted kitchen with range of base and eye level units with complimentary working top surfaces over with tiled splash backs, inset stainless steel sink with mixer tap, built-in AEG oven with Induction hob and extractor fan over, inset ceiling lights.

BEDROOM 1 9' 10" x 9' 4" (3.00m x 2.85m) Built in wardrobe, window to the front aspect, radiator.

BEDROOM 2 11' 1" x 8' 10" (3.40m x 2.70m) Recess for wardrobe, window ot the side aspect, radiator.

BATHROOM Bath with shower over, glass shower screen, low flush WC, pedestal wash hand basin, extractor fan, part tiled walls.

OUTSIDE There is an allocated parking space, communal gardens including paved area with raised flower beds and pergolas.

LOCAL AUTHORITY East Herts District Council
Tax Band: C
£1,587.31 p.a.

LEASE DETAILS Lease Remaining: 86 years remaining
Service charge: 145.18 pcm
Rent: 247.33 pcm (including Ground Rent)

AGENT'S NOTE To be eligible for shared ownership you would need to meet the following criteria:

- Your household income does not exceed £80,000 (outside of London) and £90,000 (inside of London)
- You have a deposit of at least 5% of the share value
- You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
- This will be your only residence.
- You are a permanent UK resident or have indefinite right to remain

**Staircasing (purchasing a bigger share) is available on the property up to 100%**