Block of flats for sale in Bridge Road East, Welwyn Garden City AL7
Just added* Calls to this number will be recorded for quality, compliance and training purposes.
Property 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
Property 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.
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Raine and Co, AL10 on +44 1707 684844 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Raine and Co, and do not constitute property particulars. Please contact Raine and Co for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.