Summary - 48 SHAW CLOSE CHESHUNT WALTHAM CROSS EN8 0HD
2 bed 1 bath Ground Flat
Chain-free investment with garden and strong rental potential close to amenities.
- Chain free ground-floor two-bedroom flat with private garden
- Estimated rent £1,400–£1,450 pcm potential
- Short lease: 83 years remaining, needs early renewal
- Service charge approx. £1,463 per year; ground rent £10 pa
- Electric room heaters; likely higher running costs
- Cavity walls assumed uninsulated; retrofit may be needed
- Local area shows above-average crime and deprivation indicators
- Close to Brookfield Retail Park, A10, bus routes and schools
Presented chain free, this ground-floor two-bedroom flat offers straightforward buy-to-let potential or an accessible first purchase in West Cheshunt. The flat includes a private garden with external storage, a good-sized living room and two bedrooms, and sits close to Brookfield Retail Park, bus routes and the A10 for commuter convenience. Broadband and mobile signal are strong, supporting modern tenant needs.
The property is offered on an 83-year lease. That remaining term is a material drawback and will require review and likely renewal relatively soon. Service charge and ground rent are payable (service charge c. £1,463 pa; ground rent £10 pa); buyers should factor these and the lease length into affordability and mortgage eligibility checks.
The flat’s heating is electric room heaters and the building dates from the 1950s–1960s with cavity walls assumed to have no insulation. These are practical issues to note for running costs and future refurbishment plans. The neighbourhood shows higher-than-average crime and local deprivation indicators; prospective investors should consider tenant demand and insurance implications.
For buy-to-let buyers, advertised rental potential of approximately £1,400–£1,450 pcm points to a competitive yield in the area, subject to refurbishment and management costs. For owner-occupiers, the flat offers a low-entry, chain-free purchase with immediate access to local schools and amenities but will likely benefit from upgrades and a lease extension.
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