1 bed property for sale

Acorn Court, High Street, Waltham Cross EN8

An attractive investment opportunity, offered with a tenant in situ currently paying £1,125 per calendar month. In our opinion, this property provides a strong rental return, representing an approximate gross rental yield of 16.9%.

This well-proportioned one-bedroom second-floor retirement apartment is situated within an established development.

The accommodation comprises a comfortable living room, separate kitchen, bedroom with built-in wardrobes and bathroom. The property also benefits from double glazing and electric storage heating, while residents have access to a communal lounge, laundry room and maintained communal grounds. Lift access serves all floors, with a guest suite also available for visiting friends and family.

Conveniently positioned for the shops and amenities of Waltham Cross, the development is also well placed for local road and rail transport connections.

Age Restrictions:
Residents must be aged 60 or over. In an instance where the property is occupied by a couple, one resident must be aged 60 or over and the other must be aged 55 or over.

Leasehold Charges:
Service Charge- approximately £1,670.26 every six months.
Ground Rent- approximately £518 per annum.
*These charges are both as advised by the vendor.