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COMMERCIAL

Virtual Freehold Block of Flats

£550,000
Raine & Co, Hatfield
PROPERTY TYPE

Commercial Property

BEDROOMS

3

BATHROOMS

3

SIZE

215 sq ft

20 sq m

Key features

  • Ideal Buy to Let Investment
  • Block of Three Apartments
  • Close to Train Station
  • All refurbished to a very high standard
  • Currently achieving £34,680 per annum
  • 6.30% Yield on Asking Price
  • Virtual Freehold

Description

VIRTUAL FREEHOLD IDEAL BUY TO LET INVESTMENT CLOSE TO THE TRAIN STATION (entire block shown). Converted and refurbished to an extremely high standard in 2020 this partial block of three self-contained apartments would make an ideal buy to let investment due to their close proximity to Welwyn Garden City Town Centre, the business park and train station. All three apartments are let to professional individuals on Assured Shorthold Tenancies and are currently achieving a combined annual rent of £34,680 which is roughly a 6.30% return. NO ANNUAL MAINTENANCE CHARGE, PEPPERCORN GROUND RENT and 996 Year Lease.

Communal Entrance Hall
Via a video entry-phone system


Apartment One
Kitchen / Living Room: Double glazed window to front. Understairs storage cupboard. Door to:
Bedroom: Double glazed window to front. Door to:
En-Suite Shower Room.

Rent: £1,025.00 PCM

AST Expires: 20/09/2024


Apartment Two
Hall: Doors to:
Kitchen / Living Room: Double glazed window to front. Storage cupboard.
Bedroom: Double glazed window to front.
En-Suite Shower Room.

Rent: 9850.00 PCM

AST Expires: 17/01/2025


Apartment Three
Hall: Storage cupboard. Doors to:
Kitchen / Living Room: Double glazed window to front.
Bedroom: Double glazed window to front.
En-Suite Shower Room.

Rent: £915.00 PCM

AST Expires: 30/01/2025


Fixtures & Fittings

All flats have:

Fitted wardrobes and draws in bedrooms.
Kitchens are fitted and have integrated dishwasher, induction hobs, built in microwave, built in oven/grill and fridge/freezers.
Shower Rooms with corner shower cubicles, wash hand basins, low level W.C and extractor fan.
All flats gas have full wet underfloor heating, from gas fired combi boilers.
All windows are double glazed.
Oak floors, skirtings, architraves and doors throughout.
Full LED lighting.
Video Entry-phone System
All flats will be left with doubles beds, sofas, wall mounted dining tables and windows blinds.




Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Virtual Freehold Block of Flats

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Welwyn Garden City Station0.4 miles
  • Welwyn North Station1.6 miles
  • Hatfield Station2.7 miles
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About Raine & Co, Hatfield

11 Market Place, Hatfield, AL10 0LJ

Started in 1991 by Paul and Elsa Raine the company has always strived to be at the forefront of the estate agency market with an emphasis on high levels of service, communication, honesty, friendliness and a reputation to be proud of. By making sure that they employ some of the best people with the same values and high levels of work ethics, Raine and co has ensured success in every field.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 10003696_RAIN. 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 Raine & Co, Hatfield. 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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