£375,000
(£464.68/sq. ft)
Block of flats for saleSt. Albans Road, Watford WD17
807 sq. ft
EPC Rating: C
About this property
Investment Consideration:
Gross Initial Yield: 8.00%
Rental Income: £30,000 p.a.
VAT is not applicable to this property
Comprises 2-bed apartment with study room arranged over first and second floor
Situated within short walk from Watford Rail Station which provides direct links to London Euston every 5-10 minutes during peak hours
Occupiers close by include local cafes, barbers and restaurants, amongst others.
Property Description:
Comprises first and second floor self-contained flat, accessed via private entrance from St Albans Road and providing the following accommodation and dimensions:
First Floor: Kitchen, Living/Dining Room, Bedroom, Study, Bathroom
Second Floor: Large Bedroom, Bathroom
Total area size: 75 sq m (807 sq ft)
Tenancy:
The property is at present let on Common Law Tenancy Agreement to Aston Pearl Ltd for a term of 3 Years from 8th January 2024 at a current rent of £30,000 per annum.
Tenure:
Long Leasehold. Held for a term of 125 Years from 14th August 2018 at a ground rent of £250 per annum. Reversion 2143.
Location:
Watford is a town and borough in Hertfordshire, England, 15 mi (24 km) northwest of Central London, on the River Colne. The property is situated on St Albans Road, within short walk from Watford Rail Station which provides direct links to London Euston every 5-10 minutes during peak hours. Occupiers close by include local cafes, barbers and restaurants, amongst others.
Gross Initial Yield: 8.00%
Rental Income: £30,000 p.a.
VAT is not applicable to this property
Comprises 2-bed apartment with study room arranged over first and second floor
Situated within short walk from Watford Rail Station which provides direct links to London Euston every 5-10 minutes during peak hours
Occupiers close by include local cafes, barbers and restaurants, amongst others.
Property Description:
Comprises first and second floor self-contained flat, accessed via private entrance from St Albans Road and providing the following accommodation and dimensions:
First Floor: Kitchen, Living/Dining Room, Bedroom, Study, Bathroom
Second Floor: Large Bedroom, Bathroom
Total area size: 75 sq m (807 sq ft)
Tenancy:
The property is at present let on Common Law Tenancy Agreement to Aston Pearl Ltd for a term of 3 Years from 8th January 2024 at a current rent of £30,000 per annum.
Tenure:
Long Leasehold. Held for a term of 125 Years from 14th August 2018 at a ground rent of £250 per annum. Reversion 2143.
Location:
Watford is a town and borough in Hertfordshire, England, 15 mi (24 km) northwest of Central London, on the River Colne. The property is situated on St Albans Road, within short walk from Watford Rail Station which provides direct links to London Euston every 5-10 minutes during peak hours. Occupiers close by include local cafes, barbers and restaurants, amongst others.
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Monthly repayment
£1,875 per month
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