Flat 6 Fareham House, Hertfordshire, HP1 1DZ

BIDX1 and Aubrey & Finn are delighted to offer to the market this spacious two-bedroom apartment, arranged over two floors and providing approximately 900 sq ft of accommodation.

Offered for sale with no upper chain and with the existing tenant remaining in situ, the property represents an attractive opportunity for buy-to-let investors.

The current contractual tenant is paying £1,250 per calendar month, equating to an annual rental income of £15,000.

For example; based on the auction achieving £130,000, this represents an attractive gross rental yield of approximately 11.54%.

Ideally positioned close to the local centre, the property benefits from convenient access to a wide selection of shops, amenities and everyday facilities.

Hemel Hempstead railway station is approximately one and a half miles away, providing direct rail services into London in around 35 minutes.

For those travelling by car, the A41 and M1 are also within easy reach, providing excellent connections to the surrounding areas and wider motorway network.

The accommodation is generously proportioned and arranged across two floors, comprising a spacious lounge, kitchen/dining room and two well-proportioned double bedrooms.

Further benefits include gas central heating, approximately 900 sq ft of accommodation, ample communal parking and no upper chain.

With an established tenant already in occupation and a strong rental return, the property is particularly well suited to investors.

Additional Information Once the auction has ended, the property is reserved exclusively for the successful bidder for an agreed period provided a non-refundable Reservation Fee is paid.

The Reservation Fee applicable is 4% plus VAT of the purchase price subject to a minimum charge of £6,000 plus VAT. This fee is payable in addition to the purchase price.

Prospective purchasers should seek independent professional advice regarding any liability for Stamp Duty Land Tax (SDLT), together with any other costs and expenses associated with the acquisition of the property.

Reservation Fee This property is sold subject to payment of a non-refundable Reservation Fee of 4% plus VAT or a minimum of £6,000 plus VAT. The Reservation Fee is in addition to the purchase price.

Location : Fareham House, Marlowes, Hemel Hempstead, Hertfordshire Accomodation : We are delighted to offer to the market this spacious two-bedroom apartment, arranged over two floors and providing approximately 900 sq ft of accommodation.

Offered for sale with no upper chain and with the existing tenant remaining in situ, the property represents an attractive opportunity for buy-to-let investors.