£245,000
1 bed flat for saleCherry Tree Road, Watford, Hertfordshire WD24
1 bed
1 bath
1 reception
EPC Rating: B
- New home
- Shared ownership
- Leasehold
Your Move - Watford
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About this property
Contemporary 1-bedroom apartment designed for modern living
Shared Ownership collection of brand new 1 bedroom homes
Bright open-plan layouts with stylish, high-quality finishes throughout
Integrated smeg kitchen appliances, including fridge/freezer, oven, hob & dishwasher
Washer/dryer included
Allocated residents’ parking plus visitor spaces
990-year lease & low service charges for long-term value
Walking distance to local shops, cafés, gyms and schools
Ideally located on a quiet residential road in North Watford
Superb commuter access: Short walk to Watford North and close to Watford Junction
This contemporary 1 bedroom flat is **for sale** in a brand new Shared Ownership development in North Watford. Located within Yeatman Court, on the site of the former Yeatmans sweet factory founded in 1918, the property offers a modern specification in a setting with local character.
The flat is in good condition and features an open-plan reception room and kitchen, designed for modern living. The integrated kitchen includes smeg fridge/freezer and washer/dryer, while wall-mounted electric panel heaters serve the apartment. The double bedroom provides practical sleeping space, and the bathroom benefits from a walkin shower and heated towel rail. Residents’ parking is available.
Yeatman Court sits just off a quiet residential road in North Watford, within walking distance of local shops and schools. Nearby, Watford town centre offers a wide range of amenities, including restaurants, cafés and the Atria Watford shopping centre. Green spaces such as Cassiobury Park and Waterfields Recreation Ground are within easy reach for leisure and outdoor activities.
The location is well suited to commuters, with excellent road links to both the M1 and M25.
Watford Junction station is within walking distance and provides fast services to London Euston in around 16 minutes, as well as routes towards Milton Keynes and the Midlands.
This flat will appeal to first time buyers and investors seeking a modern, well-located home in North Watford with strong transport connections and convenient local facilities.
Shared ownership offers a fantastic opportunity for you if you’re trying to get a foot on the property ladder but can’t quite afford to buy a home on the open market.
Depending on what you can afford, you can buy a share and then pay rent on the remaining share. You can purchase further shares as and when you can afford to up to a maximum of 100%.
You’ll need to have a household income of no more than £80,000 (outside London), be over 18, live or work in the UK, not own any other property and be unable to afford to buy a home on the open market.
With shared ownership you benefit from lower monthly payments compared to buying a home outright, but you still get all the benefits of owning a new home.
Shares available from 10% to 75%
The annual rent is set at 2.75% of the value of the share not purchased
o The service charge is based on an estimated budget.
Council Tax band C
Leasehold
Leasehold remaining 999 years
Service Charge £88.13 per month
Facilities Management charge £42.12 per month
Ground rent £11.49 per month
EPC B
***Disclaimer***
Lease, ground rent and maintenance details have been provided by the seller, but their accuracy cannot be guaranteed, as we may not have seen a copy of the original lease. Should you proceed with the purchase of this property, lease details must be verified by the solicitor.
Important Note to Potential Purchasers & Tenants:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller. Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
WAT251094/8
Kitchen/ Reception Room (7.52m x 2.67m)
Bedroom (4.95m x 2.74m)
Shower Room (2.03m x 1.35m)
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More information
Tenure
Leasehold (Ask agent)
Service charge
Council tax band
C
Ground rent
Ground rent date of next review