Studio for sale

Andrewsfield, Welwyn Garden City AL7

**share of freehold & long lease** chain free! A well-positioned top-floor studio apartment situated in a quiet cul-de-sac location within Panshanger. An ideal first-time purchase or investment opportunity, the property offers plenty of potential to maximise the available space, including the possibility of utilising the loft for additional storage, subject to the necessary permissions. The property is in need of modernisation and allows plenty of scope for a buyer to create their own finish. The location is particularly convenient, with Panshanger shops just around the corner providing a good range of everyday amenities. There are also picturesque parkland walks close by, offering excellent outdoor space on the doorstep. For commuters, the A414 and A1(M) are easily accessible, while Welwyn Garden City town centre and the mainline railway station are just a short drive away, providing excellent transport links into London and beyond. With an Energy Rating of C, the property also presents an attractive investment opportunity, with an estimated rental value in the region of £875 per calendar month. A great opportunity for a first-time buyer or investor looking for a property with further potential.

Communal Entrance

Well maintained secure hallway and stairwells. Security intercom access.

The Studio

Well-proportioned accommodation with a particularly impressive studio room, which is a fantastic size and benefits from a feature bay window, creating a bright and spacious living area. There is a separate, dual-aspect kitchen, providing excellent natural light and a practical layout. There is also scope for an alternative configuration, with some apartments within the development having converted the kitchen into a separate bedroom and incorporated the kitchen into the main living space, subject to any necessary consents. A separate shower room completes the accommodation. Externally, the development is well maintained, with beautifully landscaped communal gardens and dedicated drying areas for residents.

Lease Information

Lease: 999 Years from 2009 with a Share of freehold.
Ground Rent: Nil
Service Charge: £972.00 For the annum.

About Panshanger

Panshanger was a large country house located between the outer edge of Hertford and Welwyn Garden City. It was originally owned by Earl Cowper who later became Lord Chancellor of Great Britain. After seven generations, with no heir, the estate was sold and demolished c.1953 Panshanger Park is presently owned by Lafarge. Although Panshanger House was demolished, the orangery, nursery garden wall and stables remain along with a number of other cottages and estate buildings, all of which are listed by English Heritage. Residential housing was established in the area in the seventies. Moneyhole park playing fields and Panshanger woodlands are within walking distance. Local amenities include a small parade of shops including a Doctors surgery, Chemist, Post office, Hair salon, Beauticians. There is also a Morrison’s supermarket and petrol station. Buses into town are every half an hour, Monday to Saturday.

Buyer Information

In accordance with UK Anti Money Laundering (aml) regulations, all buyers must complete identity verification once their offer is accepted. We use a third-party verification service at a cost of £35 per person (inclusive of VAT). This fee is non-refundable and buyers should be aware of this requirement before proceeding with a purchase.
These property details are provided in good faith but do not form part of any offer or contract. Buyers should rely on their own investigations and advice from their legal representative. Wrights have not tested any fixtures, fittings, appliances, or services and cannot guarantee their condition. While every effort is made to ensure the information provided is accurate, buyers should satisfy themselves as to all aspects of the property.