1 bedroom flat for salePark Road, New Barnet, BARNET, Hertfordshire, EN4 9QF
Sold by Us £300,000
- One bedroom apartment with private patio & parking. New 125 Year Lease
- Air conditioning, wooden flooring, private patio area
- One surface car parking space set behind secure electronic gates.
- Video phone entry system & double glazing throughout
- Investors should expect to achieve a minimum Gross Initial Yield of 4.20%
Full descriptionThis contemporary first floor apartment comprises one double bedroom, lounge with open plan kitchen and one bathroom. The apartment has double glazing, gas heating as well as Wood flooring, video phone entry system and air conditioning. Communal entrance foyer: Hallway with wood flooring, storage cupboard, radiator, Open plan Lounge/Kitchen. Kitchen Area with a range of wall and base units with work surfaces above, space for dish washer, washing machine, fridge freezer, single bowl sink with drainer, four ring hob with extractor fan above and oven & grill below, double glazed window to front, tiled floor, part tiled walls. A double Bedroom Double glazed window to rear, fitted wardrobes, radiator, air con unit, wood flooring.Three piece bathroom suite comprising bath with shower over, low level WC, pedestal wash hand basin, heated towel rail, tiled floor and walls. Double glazed patio doors to rear leading to a Private external patio area. One surface ground floor level allocated car parking space set behind electronic gates. There is a double garage on the site, that may be purchased as it is, or as one/two individual units should further parking/garaging be required, by separate negotiation, with details available from our office. Offers in the region of £300,000 Subject to Contract are being sought for a new 125 Year Leasehold Interest directly from the Freeholder at a Ground Rent of £100 per annum. The Investor should expect to achieve a minimum monthly rental of £1050 pcm with a Gross Initial Yield of 4.20% +.
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