Ready-to-move-in long-lease flat with parking near Hertford station and riverside walks.
Ground-floor one-bedroom flat, newly redecorated
Extended lease — ~171 years remaining, no ground rent
Allocated off-street parking plus visitor bays
Open-plan living/kitchen with bay window and laminate flooring
Service charge approximately £1,298 per year
Small overall size — about 388 sqft
Electric storage heating — potential higher running costs
Medium flood-risk area; buyers should obtain flood advice
A freshly redecorated one-bedroom ground-floor flat in The Springs, Hertford, ready to move into. The open-plan living/kitchen is bright with a bay window and new laminate flooring; the bedroom has fitted wardrobes and the bathroom features a mains-shower-over-bath. Outside there is one allocated off-street parking space and generous visitor parking.
Practical long-lease ownership is a clear strength: an extended lease of around 171 years and no ground rent. Annual service charge is approximately £1,298 and council tax is in Band B. Heating is via electric storage heaters and a newly installed electric water heater is housed in a lounge cupboard.
Location suits commuters and local amenity-seekers — Hertford East station, riverside towpaths and Kingsmead Nature Reserve are close by, and a range of primary and secondary schools (including outstanding-rated options) serve the area. The vendor suggests a potential rental income of about £1,100 pcm for investors, though prospective buyers should verify tenancy figures independently.
Buyers should note a few material considerations: the property is small at about 388 sq ft, uses electric heating (which can increase running costs), and is in a medium flood-risk area. Lease, service charge and other legal details have been provided by the seller and must be checked by your solicitor.