A vacant two-bedroom first floor apartment, approximately 0.7 miles from Watford Metropolitan Station and within easy reach of Cassiobury Park. The property offers a bright reception room with fitted kitchen, en-suite to the master bedroom, a second double bedroom and a modern bathroom. Further benefits include lift access, communal gardens and allocated underground parking.
With excellent transport connections via the Metropolitan Line, M1, M25 and A41, this property is ideally placed for commuters. Offering strong rental demand with an estimated rent of £1,400 – £1,600 pcm (gross yield of approximately 6.5% – 7.3% at guide price), together with a long leasehold tenure (approx. 107 years remaining), it represents an attractive investment opportunity as well as a practical home for owner-occupiers.
Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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