2 bed flat for sale

6 - 8 Widemarsh Street, Hereford HR4

A 2 bedroom duplex apartment located in the heart of the city centre and forming part of an historic building | Living/Dining Room, 2 Bedrooms, Study Area, modern Shower Room and well appointed Kitchen | New leasehold to be in place | Freehold available via separate negotiation

Situated in the heart of the city centre with all its amenities on your doorstep. Hereford city centre offers a wealth of shops, independent restaurants, cafes and public houses and has expanded over the years with the development of the Old Market bringing a brand new cinema and shopping experience. The railway station provides major rail links and there are plenty of sports and leisure facilities available within the city limits. You are also well placed for the city bus station to make commuting out of town accessible.

Apartment 3 is the penthouse apartment of just 3 in the building. Located on the second and top floor. Offering entrance Hall with solid oak floor, two double bedrooms and modern Shower Room. Bedroom 1 has a fantastic feature of an exposed brick fireplace with inset electric 'wood burner style' stove. The well-appointed Shower Room has a large walk-in shower with wc, wifi controlled underfloor heating and vanity unit with shaver point.

Stairs from the Hallway lead up to the Landing with study area and access into the large lounge/dining room with exposed stonework and timbers. The fitted kitchen has a standalone retro style fridge freezer, solid oak flooring, fitted cupboards, washing machine, Belfast sink, and inset electric oven with electric hob over. The exposed timbering and original features give much character throughout.

The property has been and would continue to be an exceptional short term accommodation property, although also suits as a base to live. The Freehold to the building is available via separate negotiation. The new lease will be undertake upon completion.

There is an opportunity to acquire the building which is currently making an £80,000 Per Annum (Gross) income as a holiday let. The building will be sold vacant and would make an exceptional opportunity for someone looking to carry out a similar investment model.

Services & Expenditure Information

Tenure: The property is currently under 1 title, however a new Leasehold is to be prepared for the sale of the 3 apartments before completion. This will have an indicative lease as:
150 Years
Ground Rent: £100 per annum
Service Charge: £60 per month (subject to formal agreement)
Services Connected: Mains electric, water and drainage. Electric heating.
Council Tax Band: Each apartment will need to be assessed, although indicative of Band B
Broadband availability: Superfast 80 Mbps
Flood Risk: Low Flood Risk
Phone Coverage: 4g available

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