Resale

21 Rainbird Road

Bishop Stortford, Hertfordshire, CM23 2YD

Resales Three Bedroom End of terrace House Available

Example share 65%

From £286,000

Full value £440,000

More than you thought possible in Hertfordshire with Shared Ownership.

Property Overview

Offering approximately 925 sq ft of well-planned accommodation, this attractive three-bedroom home combines spacious living areas with practical family-friendly design and comes with two allocated parking spaces.

The ground floor features a welcoming entrance hall leading to a generous lounge, providing the perfect space to relax and unwind. To the rear of the property, the stylish open-plan kitchen/dining room spans the width of the home, creating a bright and sociable setting for everyday living, family meals and entertaining. French doors open directly onto the garden, allowing natural light to flood the space and seamlessly connecting indoor and outdoor living. A convenient downstairs WC completes the ground floor.

Upstairs, the principal bedroom benefits from a private en suite shower room, creating a peaceful retreat at the end of the day. Two further bedrooms offer flexibility for growing families, guests, a nursery or a dedicated home office, and are served by a contemporary family bathroom.

Thoughtfully designed throughout, this home offers the perfect balance of comfort, functionality and modern living, making it ideal for first-time buyers, young families and professionals alike.

Financial Breakdown

Full Market Value: £440,000
65% Share Value: £286,000
Rent (35% share): £449.76 per month
Estate Charge: £38.88 per month
Buildings Insurance: £23.26 per month
Management Fee: £34.89 per month
Reserve Fund: £0.00 per month
Total Monthly Payment (excluding mortgage): £546.79 per month
Lease Length: Approximately 119 years remaining

What is Shared Ownership?

Shared Ownership offers a more accessible route to homeownership by allowing you to purchase a share of a property’s value, while paying a subsidised rent on the remaining share.

Over time, you may choose to buy additional shares in your home through a process known as staircasing, potentially increasing your ownership up to 100%. Deposits and mortgage payments are based on the share purchased, meaning costs are often lower than buying outright or renting privately.

L&G Affordable Homes is a Registered Provider delivering Shared Ownership homes and committed to creating well designed communities and supporting buyers throughout their home buying journey.

Eligibility Criteria

To be eligible for Shared Ownership, you will need to:

Have a combined household income under £80,000 per annum.
Not already own a property, or part of a property, at the time of completing your purchase.
Be unable to purchase a suitable home to meet your housing needs on the open market.

Shared Ownership Disclaimer

Shared Ownership is subject to eligibility, affordability checks and the terms of the lease. Rent is payable on the share not owned, along with any applicable service charges and other outgoings. Staircasing is subject to a valuation at the time of purchase and additional legal and valuation costs may apply. Priority may be given to applicants with a local connection. All information provided is for guidance only and does not form part of any contract.

About the local area.

Local Area

Nestled within the sought-after Stortford Fields development, Rainbird Road enjoys a prime location on the edge of the thriving market town of Bishop’s Stortford. Combining modern community living with excellent local amenities, the area is ideal for first-time buyers, professionals and families alike. Residents benefit from nearby schools, green open spaces, play areas, walking and cycling routes, as well as a growing neighbourhood centre with shops and everyday conveniences. The development is less than 1.5 miles from Bishop’s Stortford town centre, where you’ll find a vibrant mix of independent boutiques, high street retailers, cafés, restaurants and leisure facilities.

For commuters, Bishop’s Stortford railway station offers direct services to London Liverpool Street and Cambridge, while the nearby M11 provides excellent road connections to the M25, London and Stansted Airport. Local supermarkets, sports clubs, healthcare facilities and highly regarded schools are all within easy reach, making this a well-connected location that balances town convenience with a relaxed, community-focused atmosphere