Vacant two-bedroom near Watford Junction; ideal for commuters or portfolio growth.
Vacant ground-floor two-bedroom flat in converted Victorian building
A vacant ground-floor two-bedroom in a converted Victorian block, offered for sale by public auction. The flat sits close to Watford Junction, local shops and Radlett Road Playing Fields, with allocated off-street parking and fast broadband — useful for commuters or short-term lets. The property is available with vacant possession and a guide price of £300,000.
Practical points include a 125-year lease from 1994 with approximately 93 years remaining, leasehold tenure, and an EPC rating of D. Heating is via electric storage heaters and the building is solid-brick with no assumed wall insulation, so running costs and potential upgrade work should be factored in. The property is being sold at auction; bidders should review the legal pack before bidding.
The flat presents straightforward refurbishment potential: decorate and update heating/insulation to improve comfort and energy rating, while the spacious Victorian rooms and high ceilings retain character that appeals to renters or buyers seeking period features. Nearby good and outstanding schools and excellent transport links increase tenant and owner demand in this very affluent area.
Material considerations: the tenure is leasehold with fewer than a century remaining; the building’s age and electric storage heating may mean future investment for energy efficiency and modern heating. The sale is a repossession/public notice auction lot — buyers should check legal documents and any auction conditions carefully.
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