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SOLD STC

Mercers Row, St Albans, AL1

Key features

  • For Sale by Modern Auction
  • Subject to Reserve Price & Reservation Fee
  • Open plan living space
  • 959 years remaining on the lease
  • Communal parking
  • Close walking distance to Abbey Station and City Centre
  • 2nd Floor apartment
  • Previously rented for £725pcm

Description

A well-presented 2nd floor studio flat situated in a convenient location on this popular modern development. The property is within a short walk to the Abbey Station, just over one mile to the City Centre and less than a mile and a half to the City train station with excellent views of St Albans Cathedral from all windows. The property was previously rented for £725pcm last year, currently i would expect to rent for £775-£800 PCM. 

The accommodation briefly comprises welcoming entrance hall with a built-in cupboard, three-piece bathroom suite (consisting of a wash hand basin, W/C and bath with shower over) plus open plan kitchen/living space with fitted wardrobe. The kitchen has an electric cooker, a washing machine/dryer and fridge. Fully double glazed and brand new carpet throughout.

Other features include residents parking, an entryphone system and further storage in the loft space.

You will also find shops and supermarkets nearby as well as easy access to Verulamium Park and Westminster Lodge Leisure Centre.


Lease Information

Length of Lease - 959 years

Expiry date of the Lease: 14/01/2984

Ground rent - £50 per annum
Service charge - £739.00 per six months

EPC rating: B. Tenure: Leasehold,

Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.

GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.

£50 per year

ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.

£1586

LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.

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Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

Band: B

Mercers Row, St Albans, AL1

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • St. Albans Abbey Station0.2 miles
  • St. Albans Station0.8 miles
  • Park Street Station1.3 miles
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About the agent

Northwood, St Albans

48 London Road, St. Albans, AL1 1NG

Northwood, St Albans

At Northwood St Albans we understand that dealing with property is as much about personal rapport and the relationship you build with clients as it is about market knowledge and expertise. After all, when you are putting your home or a sizeable investment property in someone else’s hands it is critical you have one key thing in your agent… trust.

That’s why the team at Northwood works very hard to build this trust and why we are so committed to looking after our clients. We are here to

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Disclaimer - Property reference P1521. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Northwood, St Albans. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Northwood, St Albans on 01727 222084.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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