Offers over

£180,000

2 bed flat for sale
Tudor Orchard, Berkhamsted HP4

    • 2 beds

    • 1 bath

  • Leasehold

Reduced on

House Sales Direct

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About this property

  • RICS value £260,000

  • 16% Rental Yield

  • Potential Monthly Rent - £1,300

  • Grount Rent - £25 pcm

  • Service Charge - £300 pcm

  • Years On Lease - 59

  • Lease Extention Cost - £30,000

An excellent investment opportunity for buyers looking to expand their portfolio or secure a promising new project. Offering plenty of potential to add value and maximise future returns, this property could make a rewarding addition to any investment portfolio.

The lease can be extended at an estimated cost of £30,000, providing investors with the opportunity to enhance the property’s long-term value, appeal and future marketability.

Please note that any systems, appliances, or services shown in the marketing photographs have not been tested by us and will be subject to the fixtures and fittings agreement with the seller.

Once your offer has been accepted, a £5,000 exclusivity deposit is required to secure the property. This deposit forms part of the final purchase price, it also forms as apart of the mortgage deposit if using a mortgage and is not an additional cost.

The reservation deposit ensures the property is immediately withdrawn from the market and reserved exclusively for you, helping to prevent gazumping, unnecessary delays and avoidable costs for both parties.

A non-refundable administration fee of £600 (including VAT) is also payable. This fee is separate from the purchase price and covers the administration required to prepare the legally binding agreement between the buyer and seller, granting you the exclusive right to purchase the property within the pre-agreed timeframe.

For cash buyers, searches and surveys must be indemnified in accordance with our Terms and Conditions.

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Property descriptions and related information displayed on this page are marketing materials provided by - House Sales Direct. 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 House Sales Direct for full details and further information.