Acquired
Watford – Two Bedroom First Floor Flat
136A St Albans Road, Watford, Hertfordshire WD24 4FTLeasehold Self-Contained First Floor Flat subject to an AST
Investment Consideration
- Comprises a first floor self-contained flat situated within a terrace building
- Leasehold. The property is held on a lease for a term of 125 years from 24th June 1999 (thus having approximately 105 years unexpired) at a current ground rent of £50 per annum
- Situated on the east side of St Albans Road (A412), to the south of its junction with Brixton Road
VAT
VAT is not applicable.
Property Description
The property comprises a first floor self-contained flat situated within a terrace building arranged over ground and first floors beneath a pitched roof.
Tenancy Description
The first floor residential flat is at present let on an AST to an individual for a term of 12 months from 1st October 2017 (Holding Over) at a current rent of £13,800 per annum.
Tenancies & Accommodation
Location Description
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.
