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** FOR SALE BY LIVE NATIONAL AUCTION TUESDAY 4th MARCH 1PM ** BID ONLINE, BIDS OPEN FOR 24 HOURS** VIEWINGS BY APPT PLEASE CALL **
** IDEAL RENTAL INVESTMENT WITH A GROSS YIELD OF UP TO 12 % **
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 a 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 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 information
TO REGISTER TO BID AND VIEW LEGAL DOCUMENTS, PLEASE VISIT OUR WEBSITE: auctionhouse.co.uk/bedsandbucks
Intercom entry, stairs to 1st floor
Intercom receiver, door to
4.75m x 2.90m (15'7 x 9'6)
Large double glazed window, door to
3.05m x 1.98m (10 x 6'6)
With a basic range of units, sink unit, space for appliances, storage cupboard & airing cupboard
3.81m x 2.92m (12'6 x 9'7)
With double glazed window
1.91m x 1.68m (6'3 x 5'6)
Modern shower room, with large shower cubicle, sink unit and WC, tiled to splash areas.
Laid to lawn to front and rear
With communal car park intended for residents and visitors
A 99 year lease with 57 years unexpired. Please refer to the legal pack for any ground rent and service charge information
No services have been tested
Band B
*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide. Additional Fees and Disbursements will charged to the buyer - see individual property details and Special Conditions of Sale for actual figures.
The purchaser will be required to pay an administration charge of £1,140 (£950 plus VAT).
The purchaser will be required to pay an administration charge of £2,400 (£2,000 plus vat)
From Hemel Hempstead town centre, follow the Queensway to the Redbourn Rd roundabout, turn right on to Redbourn Rd and take the second left into Shenley Road, where Valley Green will be on your right after the Sainsburys's Supermarket.
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If you would like a viewing, or to talk to a member of our team before requesting a viewing, please call our office on 01604 250066