Block of flats for sale in St Albans Road, Watford WD24
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Property features
- Leasehold Self-Contained First Floor Flat
- Two Bedroom Accommodation
- Subject to an Assured Shorthold Tenancy
- Local shops and the Intu Shopping Centre being within easy reach
Property description
Gross initial yield: 5.66%
Rental Income: £15,000 p.a.
Comprises first floor end-of-terrace self-contained flat
Leasehold. The property is held on a single lease for a term of 125 years from 24th June 1999 (thus having approximately 101 years unexpired) at a current ground rent of £50 per annum
Situated on the east side of St Albans Road (A412), to the south of its junction with Brixton Road.
Property Description:
The property comprises end-of-terrace first floor self-contained flat, providing the following accommodation and dimensions:
First Floor Flat (136a): 69 sq m (743 sq ft)
2 Bedrooms, Kitchen/Living Room, Bathroom
Tenancy:
Flat 136A is at present let on an AST to an Individual for a term of 12 Months from 10th February 2022 at a current rent of £15,000 p.a. Deposit held of £1,250.
Tenure:
Leasehold. The property is held on a single lease for a term of 125 years from 24th June 1999 (thus having approximately 101 years unexpired) at a current ground rent of £50 p.a.
Location:
The property is situated on the east side of St Albans Road (A412), to the south of its junction with Brixton Road. Local shops are available, with the further and more extensive facilities of Watford town centre and the Intu Shopping Centre also being within easy reach. Local bus routes run along St Albans Road (A412) and Rail and London Overground services run from Watford Junction Station, providing access into Central London. St Albans Road provides access to both the A41 and A405 and in turn the M1 Motorway. The open spaces of Cassiobury Public Park are also within reach.
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Blue Alpine Partners, W1G on +44 20 3641 9157 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Blue Alpine Partners, and do not constitute property particulars. Please contact Blue Alpine Partners for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.