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£115,000

(£198/sq. ft)

2 bed flat for sale
Cuffley Court, Hemel Hempstead HP2

    • 2 beds

    • 1 bath

    • 1 reception

    • 581 sq. ft

  • EPC Rating: C

  • Auction
  • Leasehold

Auction House Beds & Bucks

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About this property

    ** for sale by online auction Tuesday 17th March ** guide price £115,000 to £130,000 ** bids open for 24 hours ** please call for viewings ** This well-presented two-bedroom first-floor flat is located in the popular Woodhall Farm area, close to local amenities and within a short drive of M1 Junction 8. The property benefits from a modern, well-appointed fitted kitchen with appliances, two bedrooms (with fitted wardrobes to bedroom one), UPVC double glazing, electric heating, a recently upgraded hot water system, intercom entry system, communal gardens, and a permitted residents’ car park. The flat is also to be sold with a brand-new bathroom suite, allowing the new owner to install it to their own preference and specification. Please note the leasehold term has approximately 46 years remaining, which is reflected in the keen guide price. However, at this level the property offers an exceptional gross potential rental yield of up to 11%, with an estimated monthly rental value of £1,200 pcm. There is also scope to add further value by way of a lease extension subject to freeholder agreement and any premium due.

    To register to bid and view legal documents, please visit our website:

    Accomodation

    Communal Entrance

    With intercom entry system, stairs to 1st floor

    Entrance Hall

    Intercom receiver, laminate floor, airing cupboard housing hot water system, door to

    Lounge/Dining Room (5.08m x 3.61m (16'8 x 11'10))

    Double glazed window to rear. Electric heater, mock fireplace, door to

    Kitchen (2.74m x 2.54m (9'0 x 8'4 ))

    Double glazed window to rear, range of modern fitted units with contrasting worktops, stainless steel sink unit, all white goods and appliances shown included.

    Bedroom One (4.27m x 3.05m (14'0 x 10'0))

    Double glazed window to front, electric heater, fitted floor to ceiling wardrobes

    Bedroom Two (3.30m x 2.16m (10'10 x 7'1))

    Double glazed window to front

    Bathroom

    In need of some updating, but supplied with an unfitted new white bathroom suite including bath, bath panel sink and WC

    Outside

    Communal Gardens

    Laid to lawn with mature trees & shrubs

    Parking

    Free on street parking and permitted car parks designated for residents

    Lease Details

    Current lease term of 99 years with 46 years remaining. We are advised by the seller that there is a ground rent of £80 pa and a service charge of £1500 pa, please refer to the legal pack for confirmation.

    Services

    No appliances or services have been tested

    Council Tax

    Band B, Dacorum Council

    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.

    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 £3000 (£2500 plus vat)

    How To Get There

    From Hemel Hempstead town centre, head east on the A414 (St Albans Road), then turn left onto the A4147 (Redbourn Road) heading north toward Cupid Green. Continue straight, then turn left into Shenley Road; follow this road and take the turn for Cuffley Court which will be on the right.

    Doisa/040226Sa0274

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    More information

    • Tenure

      Leasehold (47 years)

    • Service charge

      £1,500 per year

    • Council tax band

      B

    • Ground rent

      £80

    • Ground rent date of next review

    See all recent sales in HP2

    Property descriptions and related information displayed on this page are marketing materials provided by - Auction House Beds & Bucks. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Auction House Beds & Bucks for full details and further information.

    Cuffley Court, Hemel Hempstead HP2, 2 bed flat for sale, £115,000 - Zoopla