2 bedroom apartment for sale

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2 bedroom apartment for sale

Belgrave Houses, Stortford Hall Park, Bishop's Stortford
£110,000

Our Summary

  • A great investment opportunity for a tenanted 2 bedroom flat located in the popular Belgrave House development, close to Bishop's Stortford town centre and rail station offering direct services to London Liverpool Street, Stansted Airport and Cambridge City centre

Description

This 2-bedroom flat in the Belgrave House development is a great investment opportunity, located near Bishop's Stortford town centre and rail station, offering direct services to London, Stansted Airport, and Cambridge. The property is currently tenanted, with a long-term tenant paying £950 per month, generating a gross yield of 10.4%. A renewal notice has been issued to the tenant, allowing for a rent increase to £1200 per month from December 2024, potentially increasing the gross yield to 13.1%.
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