£165,000
(£313/sq. ft)
2 bed flat for saleWaterhouse Street, Hemel Hempstead HP1
2 beds
2 baths
1 reception
528 sq. ft
EPC Rating: D
- Auction
- Leasehold
Auction House Beds & Bucks
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About this property
** for sale by online auction on Tuesday 15th July 2025 ** 24 hour bidding window ** guide price £165,000+ viewing dates tba
This modern two bedroom, two bathroom luxury style apartment offers 527 sqft of space and benefits from lease term with 114 years remaining. It is also understood this development is EWS1 compliant. In need of some improvement, but a great buy to let prospect with an estimated rental value of £1200 pcm which may offer a gross yield of up to 8.7 %. Located in the heart of Town Centre and overlooking Hemel Hempstead Town Centres famous Water Gardens. Within easy reach of local shopping and transport links including Hemel Hempstead Train Station that offers a direct service to London Euston. Call us now for more information. To register to bid and view legal documents, please visit our website:
Accomodation
Communal Entrance
With intercom entry system, stairs and lifts to all floors
Entrance Hall
Airing cupboard housing hot water tank, laminate flooring, door to
Open Plan Living And Kitchen Area (5.41m x 4.93m (17'9 x 16'2))
Lounge Area
Double glazed window to front, double glazed french doors to an enclosed glass sided balcony, laminate flooring, open plan to
Kitchen Area
With a range of fitted wall and base units, granite worktops, integrated sink unit, oven, hob, filter hood and fridge/freezer. Space for further appliances, laminate flooring, door to:
Bedroom One (2.67m x 2.62m (8'9 x 8'7))
Double glazed window to front, door to
En-Suite (1.98m x 1.32m (6'6 x 4'4))
Tiled walls and floor, shower cubicle, sink unit, WC and extractor fan
Bedroom Two (2.74m x 2.95m (9'0 x 9'8))
Double glazed window to front
Bathroom (1.91m x 1.68m (6'3 x 5'6))
Tiled walls, full size bath, sink, WC and extractor fan.
Outside
Parking
Long term parking permits available to purchase to use at the Water Gardens Car Park opposite the property.
Lease Details
125 Year lease from 2015 with 114 years remaining. We are advised the current ground rent is £350 pa and service charges are £4264 pa. Please refer to the legal pack for clarification.
Council Tax
Band B
Price Information
*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide. Additional Fees and Disbursements will charged to the buyer - see individual property details and Special Conditions of Sale for actual figures.
Services
No services or appliances have been tested
Buyers Administration Charge
The purchaser will be required to pay an administration charge of £1,140 (£950 plus VAT).
Buyers Premium Charge
The purchaser will be required to pay a buyers premium charge of £2000 plus vat (£2400)
How To Get There
From the M1 junction 8, follow the A414 St Albans Road to the Plough Roundabout, take the exit for Leighton Buzzard Road and then right in to Coombe Street, then right at the roundabout on to Waterhouse Street where the property will be on your left opposite the Water Gardens Car Park
Doisa/1906Sa0098
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More information
Tenure
Leasehold (114 years)
Service charge
£4,264 per year
Council tax band
D
Ground rent
£350
Ground rent date of next review