** TWO BEDROOM 1st FLOOR FLAT IN A POPULAR HERTFORDSHIRE LOCATION WITH EXCELLENT RENTAL DEMAND AND ESTIMATED MONTHLY RENTAL VALUE OF AROUND £1200+ AND UP TO 11 % GROSS YIELD ** CLOSE TO M1 JUNCTION 8 AND A414 ** VACANT POSESSION **** PLEASE CALL FOR INDIVIDUAL VIEWING APPOINTMENTS ** This well-presented two-bedroom first-floor flat is located in the popular Woodhall Farm area, close to local amenities and within a short drive of M1 Junction 8. The property benefits from a modern, well-appointed fitted kitchen with appliances, two bedrooms (with fitted wardrobes to bedroom one), UPVC double glazing, electric heating, a recently upgraded hot water system, intercom entry system, communal gardens, and a permitted residents’ car park. The flat is also to be sold with a brand-new bathroom suite, allowing the new owner to install it to their own preference and specification. Please note the leasehold term has approximately 46 years remaining, which is reflected in the keen guide price. However, at this level the property offers an exceptional GROSS potential rental yield of up to 11%, with an estimated monthly rental value of £1,200 PCM. There is also scope to add further value by way of a lease extension.INSIDE COMMUNAL ENTRANCE ENTRANCE HALL LOUNGE/DINING ROOM 16'8 X 11'10 KITCHEN 9'0 X 8'4 BEDROOM ONE 14'0 X 10'0 BEDROOM TWO 10'10 X 7'1 BATHROOM 7'0 TO MAX X 5'4 TO MAXOUTSIDE COMMUNAL GARDENS RESIDENT CAR PARKLEASE DETAILS Current lease term of 99 years with 46 years remaining. We are advised by the seller that there is a ground rent of £80 PA and a service charge of £1500 PA, please refer to the legal pack for confirmation.Tenure: LeaseholdEPC Rating: C

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Additional Fees

Buyer's Premium - Buyers Premium - £950 + VAT

Administration Charge - Administration Charge - £1,500 + VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.