LogoLogo

Our Areas

Potters Bar

11 Darkes Lane
Potters Bar
Hertfordshire
EN6 1AZ

T: 01707 665577
E: pottersbar@raineandco.com

 

Mayfair

17 Hanover Square
Mayfair
London
W1S 1BN

T: 0207 0606667
E: mayfair@raineandco.com

Hatfield

11 Market Place
Hatfield
Hertfordshire
AL10 0LJ

T: 01707 266885
E: hatfield@raineandco.com

 

Virtual Freehold Block of Flats

£500,000Leasehold

333

Key Information

Tenure:Leasehold
Service charge:Not available
Ground rent:Not available
Time remaining on lease:996 years
Council tax band:B

Key Features

Ideal Buy to Let Investment
Block of Three Apartments
Close to Train Station
All refurbished to a very high standard
Currently achieving £34,680 per annum
6.30% Yield on Asking Price
Virtual Freehold

Description

VIRTUAL FREEHOLD IDEAL BUY TO LET INVESTMENT CLOSE TO TRAIN STATION (entire block shown). Converted & refurbished to an extremely high standard in 2020. This partial block would make an ideal buy to let investment due to their close proximity to Welwyn Garden City Town Centre and the business park.

Arrange Viewing

Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
£2,501 /mo.25 Years, 4.5% Interest
Loan
£450,000
Total Repay
£750,374

Commercial Stamp Duty

You’ll have to pay the stamp duty of:
£3,500
0% up to £150,000
1% from £150,000 to £500,000
Your effective stamp duty is 0.7%

Are you looking to sell or let your property?

Are you looking to sell or let your property?

Contact our team today and find out what your property could be worth and how we can make your next move a reality.