Chain-free one-bed maisonette near Watford Junction — long lease and rental potential..
Chain-free one-bed top-floor maisonette with private entrance
Long lease: 117 years remaining (125-year term from Jan 2025)
Generous 17'5" x 11'1" reception room, 495 sq ft overall
Double bedroom with en-suite; fitted kitchen and breakfast bar
Garden included; on-street parking only
Solid brick walls; assumed no cavity insulation — energy improvements advised
Ground rent low but increases in staged steps over the term
Requires exterior upkeep and some internal updating; possible mould in places
This one-bedroom top-floor maisonette offers an affordable, chain-free entry into Watford property market with a long lease (117 years remaining). The generous 17'5" x 11'1" reception room and separate fitted kitchen/breakfast area provide comfortable living space for a first-time purchaser or a straightforward buy-to-let investment near Watford Junction and major road links.
The property is accessed via its own private entrance and includes a double bedroom with an en-suite bathroom, gas central heating to radiators, double glazing and access to a small garden. Its 495 sq ft layout is practical for single occupants or couples, and nearby outstanding local schools and good transport links add to its appeal for rental demand.
Notable costs and maintenance are clear: the lease is leasehold with modest ground rent that steps up over time (detailed schedule applies) and no annual service charge. The building is solid-brick construction with assumed no wall insulation, exterior upkeep is needed and some internal areas show signs of aged finishes and possible mould risk—modernisation will improve comfort and energy efficiency. On-street parking only.
Overall this property suits buyers seeking a budget-friendly starter home or investors wanting a lettable asset with immediate rental potential — provided they budget for cosmetic updating and some fabric improvements to maximise long-term value.
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