1 bed apartment to buy in CM23
South Street, Bishop's Stortford, Hertfordshire, CM23 3FN
Online auction
- one-bedroom retirement home is offered **for sale** via Secure Sale Online Bidding, with starting bids from £225,000
- • Exclusively for over 55s
- • Light separate kitchen with appliances
- • Large lounge with Juliet balcony
- • Double bedroom with fitted wardrobes
- • Communal lounge, gardens and events
- • Walking distance to station, buses
- Chain free
1 bed apartment to buy in CM23
Park Lane Property Agents this one-bedroom retirement home is offered **for sale** via Secure Sale Online Bidding, with starting bids from £225,000. Situated in a town centre location in Bishop’s Stortford and exclusively for over 55s, it forms part of a purpose-built retirement development designed to support independent living with communal facilities and on-site management.
The property is neutrally decorated throughout and features a large living room with French doors opening onto a Juliet balcony, providing pleasant views over the communal gardens. The open-plan reception space includes built-in storage and a fireplace, creating a practical and comfortable main living area.
The separate kitchen benefits from natural light and is fitted with integral appliances and built-in pantries, offering organised storage and ease of use. The double bedroom includes built-in wardrobes, maximising floor space and providing ample storage. The shower room is fitted with a rain shower and heated towel rail.
Residents have access to communal gardens, providing outdoor seating areas and well-tended shared green space. There is also a communal lounge and kitchen, with regular social events organised for residents, supporting a sociable community environment. A lodge manager is available five days a week, and a guest suite is available for visiting friends and family, bookable in advance and subject to availability and applicable charges.
The apartment is located in Bishop’s Stortford town centre, within walking distance of local shops, cafés, restaurants and everyday amenities along the high street and in nearby retail areas. The location also offers straightforward access to medical services, pharmacies and other essential facilities commonly found in the town centre.
Public transport links are a particular asset. Bishop’s Stortford railway station is within walking distance, offering direct services to London Liverpool Street and Cambridge. Typical journey times are around 40–45 minutes to London Liverpool Street and approximately 30–40 minutes to Cambridge, making the development suitable for those who wish to visit family or travel into the city. The property is also on a main bus route, providing regular services to surrounding neighbourhoods and nearby towns.
Bishop’s Stortford offers several green spaces and riverside walks, as well as a selection of cafés and local independent shops, adding to the convenience of this central location for day-to-day living. This neutrally decorated one-bedroom retirement flat represents an accessible option for over 55s seeking a town centre retirement home with communal amenities and established transport links. Service Charge (Year Ending 31st May 2027): £3,271.43 per annum
Ground rent £718.40 per annum. To be reviewed in May 2029
Council Tax Band: C
125 year Lease commencing 2015
Service charges include: Careline system, buildings insurance, water and sewerage rates, Air Source Heating, communal cleaning, utilities and maintenance, garden maintenance, lift maintenance, lodge manager and a contribution to the contingency fund.
Length of Lease: 114
Annual Ground Rent Amount: £718.00
Annual Service Charge Amount: £3,271.00
Summary
- Property Type: Apartment
- Bedrooms: 1
- Receptions: 1
- Tenure: Leasehold
- Heating: Electric
Floor Plan 1
This property is being sold subject to conditional reservation fee auction terms and conditions.
Timescales
There are 28 days to exchange contracts and a further 28 days to complete the purchase.
56 days in total.
Legal Pack
A legal pack has not been provided on this lot.
Deposit
A legal pack is available to download. Special conditions may apply.
We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.
Buyer Fees
This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £6,000 + VAT (£7,200 inc VAT) This does not form part of the purchase price.
A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.
More Information
For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk
ONLINE AUCTION NOTICE
I hereby acknowledge and confirm the following:
My bid may be accepted by the seller at any time before the close of the auction. It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack.
If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.
Any amount payable at the close of the auction must be paid within 1 hour.
Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second.
Each auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation.
Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.
The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.
It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.
The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice.
Minimum online bidding increments:
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid
£150,001 to £250,000 - £1,000 minimum bid
£250,001 to £750,000 - £2,500 minimum bid
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid
Please note this bidding process applies specifically to online auctions.
More Information is available:
For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk
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