We're crowdfunding on Seedrs, find out more here
Front
Bathroom
Kitchen
EPC
1 of 6

Opportunity to buy hands-off 2-bed tenanted investment property generating £18,436pa and a yield of 6.6%

£280,000
Apartment
VES-WD18-414

Features


USE
Residential

TENURE
Leasehold

PRICE
£280,000

RENT PER ANNUM
£18,346

GROSS YIELD
6.6%

2 bedrooms

1 bathroom

1 reception room

659

Fully Furnished

Tenanted

Leasehold Details

  • Length of lease: TBC
  • Ground rent: £10
  • Service charge: £500

It is let to a specialist housing provider on a 10 year full repair and insurance lease. It serves as a great hands-off and hassle free investment, whilst generating a good and stable yield.

Tenancy


RENT PER ANNUM
£18,346

TENANCY DEPOSIT
£0

TENANCY TYPE
FRI Lease

TENANCY AGREEMENT STARTED
over 3 years ago

TENANCY AGREEMENT ENDS
5/5/2025

Floorplans

Floorplan

Documents available on request, please contact for viewings or further questions.

The information relating to the property is supplied by the vendor and the latest available at the date of listing.

Certain information may expire or become inaccurate over time and should be verified by the purchaser’s solicitor.


About Watford, Hertfordshire

Watford is a town and borough in the county of Hertfordshire, situated 15 miles northwest of the City of London.

Watford is serviced by three main rail stations and one underground station, providing regular transport links to London, the Midlands and even further north. The closest station to this property is Watford Underground station which is just over a mile away and provides services on the Metropolitan line to destinations in the centre of town such as Aldgate and Baker Street. Watford Junction lies on the West Coast Main Line and offers routes from London Euston to the Midlands and the north, as well as a southern service to Clapham Junction via Shepherd’s Bush. Watford Junction also operates a London Overground service to Euston which travels south via a suburban loop stopping at Watford High Street and other locations in the local area. Watford is located in-between the M1 and M25 motorway junctions, providing superb links for commuters who may travel by car to London or surrounding areas.

Watford is considered as a major regional centre in the northern home counties, making it one of the key locations of retail development in the last few decades. The high street is full of life with its focus on evening entertainment being based around a high frequency of bars, clubs and restaurants. The recently rebranded Watford Shopping Centre is home to over 145 shops and services including all of ones favourite high street brands and a multi-screen cinema.

There are many job opportunities in Watford as it is home to the head office of many national companies such as JD Wetherspoon, Camelot Group, Mothercare and many more. Watford is part of the home counties, an area around London that has terrific transport links to the City of London with its vast array of opportunities.

Flackwell House,

Watford,

Hertfordshire,

England,

WD18 6UZ


Performance

GROSS RENTAL YIELD
6.6%
RENT PER ANNUM
£18,346
HPI GROWTH (5 YRS)
34.7%

Important Note

The information contained in this website is for general information purposes only. The information is provided by Vesta Global Limited and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, properties, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.

In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.

Copyright © 2018 Vesta Global Limited. All rights reserved.