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£390,000
Bedrooms
Bathrooms
INTRODUCING A TRULY SPECIAL PROPERTY for the discerning buyer - a beautifully upgraded 3 bedroom, 2 TOILET lower ground floor apartment located on The Hoe in Watford. This stunning home boasts a range of desirable features including an extended lease, UPVC double glazing, and gas central heating for ultimate comfort.
As you step inside, you are greeted by a large entrance hallway leading to a spacious lounge measuring 218 x 134 - perfect for relaxing or entertaining guests. The fitted kitchen/dining area, measuring 152 x 13, is ideal for preparing delicious meals and enjoying family dinners. The property also offers a versatile study/bedroom 3, along with fitted wardrobes in bedrooms 1 and 2 for ample storage space.
The lovely 4 piece bathroom, plus the potential to convert the cloakroom into a second bathroom, adds a touch of luxury to this already impressive home. Outside, residents can enjoy the communal garden and benefit from a garage in the block for convenient parking.
Located in the sought-after area of Watford, residents will have easy access to nearby Carpenders Park, Bushey, and Watford High Street stations for convenient travel options.
Dont miss out on the opportunity to view this exceptional property on The Hoe in Watford. Contact us today to arrange a viewing and experience the beauty and convenience of this wonderful home for yourself.
ACCOMMODATION COMPRISES: (all measurements approximate)
Entrance door to:
LARGE HALL
3.35m x 2.44m (11 x 8)
Laminate floor. Coving. Power Points, radiator, doors to 2nd cloakroom / potential shower room, study/Bedroom 3 and living room.
CLOAKROOM
2.08m x 1.73m (610 x 58)
Ample space to convert into full shower room currently housing low flush w/c. toilet. Worktop, mounted with wash hand basin with chrome mixer. Tiled floor and walls , radiator, UPVC window.
STUDY/BEDROOM 3
1.98m x 1.78m (66 x 510)
Subject to building regulation, may be able to enlarge by reducing the hall by 1 foot. (so 11 x 7) and a third room of (610 x 66).
LOUNGE
6.60m x 4.06m (218 x 134)
Approached from hallway via a 12 high light solid timber door. Full bank of UPVC double glazed windows with electric blinds. Two radiators. Quality laminate flooring. Wall light points. Further 12 light timber door to inner lobby. Two further 12 light timber doors opening into:
KITCHEN/DINING
4.62m x 3.96m (152 x 13)
Two areas separated by central breakfast bar.
DINING AREA
Shelved alcove, radiator. Cardine style flooring, UPVC double glazing picture window.
KITCHEN AREA
Lovely high quality kitchen with cream High Gloss units (base and wall) with contrasting worktops. Under unit lighting. Integrated oven with separate grill, four ring kitchen hob with extractor hood above. Integrated dishwasher and washing machine, 1 bowl inset stainless steel side unit with chrome mono bloc mixer tap. Large recess area for American style f/freezer. Part tiled walls. Cardine style flooring.
INNER HALL
Store cupboard and separate utility/linen cupboard.
BEDROOM 1
(inclusive)
4.06m x 3.35 (134 x 11)
UPVC double glazed windows with window blind. Single built in wardrobe. Full bank of fitted wardrobes.
BEDROOM 2
3.35m x 3.30m (11 x 106)
UPVC double glazed window with blind. Radiator. Single built in wardrobe. Full bank of fitted wardrobes.
BATHROOM
2.90m x 1.83m (96 x 6)
Four piece suite comprising worktop mounted sink with chrome mixer, bidet, close coupled w/c and tiled side panelled cast bath with direct feed thermostatic shower over. Full tiled walls and floor large chrome towel radiator. UPVC double glazed window.
OUTSIDE
GARAGEIn Block.
GARDENCommunal
LEASE REMAINING129 Years remaining
SERVICE CHARGE2121 per annum
GROUND RENT PEPPERCORN
COUNCIL TAX BAND D Three Rivers District Council
ENERGY RATING (EPC)TBA
UTILITIES
ELECTRIC:Mains
GAS:Mains
WATER: Mains
SEWERAGE: Mains
BROADBAND:TBA
NOTICE
1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and must not be used when ordering either furniture or carpets.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Slades has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
Lease details, service charges and ground rent (where applicable) have been provided by the client and should be checked and confirmed by your solicitor prior to exchange of contracts.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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