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NEW HOMECOMMERCIAL

Dixons Hill Road, Welham Green, North Mymms

£3,000,000
Hammonds, London
PROPERTY TYPE

Residential Development

BEDROOMS

10

BATHROOMS

10

SIZE

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Description

Welcome to our newly developed residential building in the heart of Welham Green, set for completion in October 2024. This contemporary development boasts four meticulously designed floors, offering a total of 10 one-bedroom apartments. Each of the first three floors features three spacious and modern apartments, while the top floor offers an exclusive one premium one-bedroom apartments, ensuring a comfortable and private living experience.

Key Features:

- Prime Location: Perfectly situated near Hatfield city centre, St Albans city centre, and Potters Bar, providing easy access to a range of amenities, shopping, and dining options.

- Excellent Connectivity: Only a 30-minute train ride to central London, making it an ideal choice for professionals commuting to the city.

- Educational Hub: An excellent choice for students, with the University of Hertfordshire and the Royal Veterinary College located nearby.

- Modern Living Spaces: Each apartment is designed with a focus on modern living, offering bright, open-plan layouts and high-quality finishes.
Investment Potential:

Rental Yield: With an estimated rental income of £1400 per calendar month per apartment, investors can expect a competitive annual yield of approximately 6.5%, making this development an attractive investment opportunity.

In addition to the outstanding features and investment potential, this property development offers a unique opportunity for buyers to acquire the freehold of the entire building. As the freeholder, you will have the exclusive rights to enhance your revenue stream by charging tenants or buyers extra for parking spaces, providing a lucrative addition to the rental income. Furthermore, you will have the authority to set your own service charges, ensuring you can manage and maintain the property according to your standards while optimizing profitability. This added flexibility makes the investment even more attractive, offering control and potential for increased returns.

Brochures

Dixons Hill Road, Welham Green, North MymmsBrochure

Dixons Hill Road, Welham Green, North Mymms

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Welham Green Station0.3 miles
  • Brookmans Park Station1.0 miles
  • Hatfield Station2.1 miles
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About the agent

Hammonds, London

57 Bow Road, London, E3 2AD

Hammonds, London

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Notes

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Disclaimer - Property reference 33162923. 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 Hammonds, 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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