About the property
Material information
Property description
Council Tax A fee submitted to your local authority to cover expenses related to local amenities such as schools, libraries, and waste management. The payment amount is determined based on the property's value. Read our glossary page :
Tenure Explains the various forms of property ownership, including freehold, leasehold, and commonhold, and how they determine your rights and responsibilities as a property owner. Read our glossary page :
Ground Rent A recurring payment issued by the tenant to the landlord or property management firm. Read our glossary page
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Ground Rent Review Period When will your ground rent be assessed and how frequently will it be reviewed. Read our glossary page
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Annual Service Charge An estate's shared area expenses, such as building insurance, lighting, cleaning, and maintenance, are typically covered by a periodic payment that is commonly made on a yearly basis. Read our glossary page
£176.0
Length of Lease The duration of time you have acquired the leasehold, or the right to reside in a property. Read our glossary page
54 years left
Prime High Street One-Bedroom Flat - Ideal Cash Investment Opportunity. Secure a high-yield asset in the heart of Berkhamsted with this well-presented one-bedroom flat, perfectly positioned on the bustling High Street. Just moments from independent shops, cafés, and Berkhamsted station, the property offers consistently strong tenant demand and excellent long-term capital growth potential.
The Apartment
This well-presented one-bedroom apartment benefits from its own private front door, with stairs leading up to a bright and airy, good-sized kitchen, with dishwasher, cooker and oven with space for a fridge freezer and washing machine. The property offers a spacious living room, a generous double bedroom, and a convenient shower room, making it an ideal home for comfortable, modern living.
Lease Information
99 years with 54 remaining - service charge per annum £176.00.
The Location
Berkhamsted provides a wide range of shopping opportunities, including independent boutiques and eateries with major stores such as Waitrose and Boots on the High Street too. The larger towns of Hemel Hempstead and Watford offer wider facilities.. Milton Keynes and London are both easily accessible via the M1. There is a good range of leisure facilities in the area including walking and riding just minutes away in the surrounding countryside and on the National Trust's 5,000 acre Ashridge Estate (around 3 miles away), while nearby golf courses include Ashridge, Berkhamsted and The Grove
Transport Links
Berkhamsted is considered a highly desirable commuter town, with excellent transport links by road and rail. The mainline station provides a regular and direct link to London Euston in a little over 30 minutes. Major road connections nearby include the M25 (J20) and the M1 (J8), both of which are around 8 miles away. The A41 dual carriageway runs to the South of the town, providing an excellent connection to Hemel Hempstead, Watford and London.
Agents information for buyers
Thank you for showing an interest in a property marketed by Sterling Estate Agents.
Please be aware, should you wish to make an offer for this property, we will require the following information before we enter negotiations:
1. Copy of your mortgage agreement in principal.
2. Evidence of deposit funds, if equity from property sale confirmation of your current mortgage balance i.e. Your most recent mortgage statement, if monies in bank accounts the most up to date balances..
3. Passport photo ID for ALL connected purchasers and a utility bill. We are duty bound to complete anti money laundering (AML) checks on all connected purchasers should an offer be successful. The charge for this is £75 plus VAT per person.
Unfortunately we will not be able to progress negotiating any offer unless we have ID and proof of funds.
