3 bed end terrace house for sale

Rainbird Road, Bishop Stortford, Hertfordshire CM23

Highlight Housing, The Affordable Homes Agency, working with Legal & General Affordable Homes, is pleased to present this beautifully presented three bedroom Shared Ownership resale home at 21 Rainbird Road, Bishop's Stortford, Hertfordshire. The price shown represents purchasing a 65% share of the property.

Property Overview

Situated within the sought-after Stortford Fields development, this attractive three bedroom home offers approximately 925 sq ft of well-planned accommodation, combining spacious living areas with a practical, family-friendly layout.

The ground floor features a welcoming entrance hall leading to a generous lounge, providing a comfortable space to relax and unwind. To the rear, the stylish open plan kitchen and 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 private rear garden, allowing plenty of natural light into the space and 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. Two further well-proportioned bedrooms provide flexible space for children, guests, a nursery or home office, while a contemporary family bathroom completes the first floor.

Externally, the property benefits from a private rear garden and two allocated parking spaces.

Thoughtfully designed throughout, this home offers an excellent balance of space, comfort and modern living, making it ideal for first-time buyers, young families and professionals.

Financial Breakdown

• Full Market Value: £440,000
• 65% Share Value: £286,000
• Rent on unowned 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

Local Area

Rainbird Road is situated within Stortford Fields, a popular modern development on the edge of the thriving market town of Bishop's Stortford. The development combines contemporary community living with excellent access to local amenities, green open spaces, play areas and walking and cycling routes.

Bishop's Stortford town centre is less than 1.5 miles away and offers a wide range of independent shops, high street retailers, cafés, restaurants and leisure facilities. Local supermarkets, sports facilities, healthcare services and schools are also within easy reach.

For commuters, Bishop's Stortford railway station provides direct services to London Liverpool Street and Cambridge. The nearby M11 offers excellent road connections to London, the M25 and Stansted Airport, making this a particularly well-connected location for those travelling across Hertfordshire, Essex and into London.

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.

Legal & General 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.

This resale opportunity offers a chance to buy an established home through the Shared Ownership scheme, providing a more affordable and flexible way to get onto the property ladder in a popular and well-connected Bishop's Stortford location.

About Highlight Housing

We are The Affordable Homes Agency.

Finding an affordable home should not feel impossible. Highlight Housing exists to improve access to good-quality, safe, affordable homes for sale and rent across the UK, working with trusted housebuilders, housing associations, private sellers and landlords.

With over 15 years' experience across shared ownership, shared equity, mid-market rent and rent to buy, we provide clear, practical guidance that helps people understand what is genuinely within reach.

Our focus is on supporting individuals and families to move forward with confidence into a secure, well managed future home they can afford.

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.