** ONE BEDROOM APARTMENT IN SOUGHT AFTER BLOCK IN HEMEL HEMPSTEAD HERTFORDSHIRE ** Great rental prospect with expected annual rental value of £12,000 PA ** This spacious first floor flat is located in a popular and convenient location with a high rental demand and thriving local market. Requires improvement but would be great opportunity for an investor,This one bedroom first floor flat is located in a quiet and sought after apartment block in the popular Woodhall Farm area in Hemel Hempstead. Situated close to the Industrial Estate with easy access to M1 Junction 8, making this hot prospect for renters. The property has an unexpired lease term of 57 years, which provides an opportunity to add significant future value if the lease term is to extended by a new owner. Internally the property does require updating but benefits from double glazed windows and a modern shower room. Outside there are pleasant communal gardens and a car park intended for residents use. Once improvements are made, this property would be be expected to rent for around £1000 PCM or £12,000 PA. For auction with vacant possession. Please call for more informationINSIDE Communal entrance Entrance hall Lounge/diner 15'7 x 9'6 Kitchen 10 x 6'6 Bedroom 12'6 x 9'7 Shower Room 6'3 x 5'6OUTSIDE Communal gardens Communal car park and on road parkingTenure: See Legal PackEPC Rating: D
Additional Fees
Buyer's Premium - £2,000 plus vat (£2,400) payable on exchange of contracts
Administration Charge - £950 plus vat (£1,140) payable on exchange of contracts
Disbursements - Please see Legal Pack for Disbursements
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.