138A-140 St. Albans Road, Watford, Hertfordshire WD24 4FT
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
4
- SIZE
1,410 sq ft
131 sq m
Key features
- Comprises two first floor self-contained flats situated within a mid-terrace building
- The property is held on a single lease for a term of 125 years from 24th June 1999
- Situated on the east side of St Albans Road (A412), to the south of its junction with Brixton Road
Description
Gross initial yield: 5.71%
Rental Income: £30,000 p.a.
Comprises two first floor self-contained flats situated within a mid-terrace building
Leasehold. The property is held on a single lease for a term of 125 years from 24th June 1999 (thus having approximately 101 years unexpired) at a current ground rent of £100 per annum
Situated on the east side of St Albans Road (A412), to the south of its junction with Brixton Road
Property Description:
The property comprises two first floor self-contained flats situated within a mid-terrace building arranged over ground and first floors beneath a pitched roof.
The property provides the following accommodation and dimensions:
First Floor Flat (138a): 65 sq m (700 sq ft)
First Floor Flat (140a): 66 sq m (710 sq ft)
Tenure:
Leasehold. The property is held on a single lease for a term of 125 years from 24th June 1999 (thus having approximately 101 years unexpired) at a current ground rent of £100 per annum.
Tenancy:
Flat 138a is at present let on an AST to an Individual for a term of 12 Months from 1st October 2023 at a current rent of £15,000 per annum. Deposit held of £1,050. Flat 138b is at present let on an AST to an Individual for a term of 12 Months from 4th August 2022 at a current rent of £15,000 per annum. Deposit held of £1,250.
Location:
The property is situated on the east side of St Albans Road (A412), to the south of its junction with Brixton Road. Local shops are available, with the further and more extensive facilities of Watford town centre and the Intu Shopping Centre also being within easy reach. Local bus routes run along St Albans Road (A412) and Rail and London Overground services run from Watford Junction Station, providing access into Central London. St Albans Road provides access to both the A41 and A405 and in turn the M1 Motorway. The open spaces of Cassiobury Public Park are also within reach.
Brochures
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
138A-140 St. Albans Road, Watford, Hertfordshire WD24 4FT
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Watford Junction Station0.4 miles
- Watford North Station0.6 miles
- Watford High Street Station1.2 miles
About the agent
Blue Alpine, London
54 Welbeck Street, London W1G 9XS
Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.
Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can a
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Visit our security centre to find out moreDisclaimer - Property reference 138-140_St_Albans_Road. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Blue Alpine, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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