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Potters Bar
Hertfordshire
EN6 1AZ

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E: pottersbar@raineandco.com

 

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AL10 0LJ

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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

6.30% Yield on Asking Price
All refurbished to a very high standard
Block of Three Apartments
Close to Train Station
Currently achieving ÂŁ34,680 per annum
Ideal Buy to Let Investment
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:
ÂŁ2,631 /mo.25 Years, 5% Interest
Loan
ÂŁ450,000
Total Repay
ÂŁ789,197

Commercial Stamp Duty

You’ll have to pay the stamp duty of:
ÂŁ13,500
0% up to ÂŁ150,000
1% between ÂŁ150,000 and ÂŁ250,000
5% above ÂŁ250,000
Your effective stamp duty is 2.70%

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.