Flat 39 Castle View, Hockerill Street, Bishop's Stortford, Hertfordshire, CM23 2XR

GBP 60000 For Sale

Property Details

Bedrooms

1

Bathrooms

1

Property Type

Retirement Property

Description

Property Details: • Type: Retirement Property • Tenure: N/A • Floor Area: N/A

Key Features: • Leasehold • Strictly by appointment with the Auctioneer

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: 103 The Broadway, Thorpe Bay, Essex, SS1 3HQ

Full Description: FOR SALE BY PUBLIC AUCTION ON WEDNESDAY, 26TH FEBRUARY 2025 AT 12.00PM. LIVE STREAMED VIA DEDMAN GRAY WEBSITE. BIDDING AVAILABLE BY TELEPHONE, PROXY AND ONLINE

BUY TO LET INVESTMENT: A ONE BEDROOM LEASEHOLD RETIREMENT FLAT CURRENTLY LET ON AN ASSURED SHORTHOLD TENANCY PRODUCING AN ANNUAL INCOME £10,740 A one bedroom third floor leasehold retirement flat with views over Bishop's Stortford's renowned Castle Park/Sworders field. The flat is currently rented on an annual AST for £895 per month (£10,740 per annum) providing a yield of over 18.5% of the guide price. Please note that occupiers must be 60 years of age and over. 323 square foot including Entrance Hall, Living Room, Kitchen, Bedroom & Shower Room/WC Dedman Gray Auctions Ltd have not visited or carried out an inspection of these premises. All information shown on this page has been provided by the vendor. Photographs are an example and not the actual property We are advised that the property is let for £895 pcm (£10,740 per annum) 125 years from 24th June 1988 with 88 years remaining Annual service charge & ground rent is £3 ,550.44 CBrochuresLegal Documents

Location

Address

Flat 39 Castle View, Hockerill Street, Bishop's Stortford, Hertfordshire, CM23 2XR

City

East Hertfordshire

Features and Finishes

Leasehold, Strictly by appointment with the Auctioneer

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Real Estate Broker
Dedman Gray Auctions, Essex
Brokerage
Dedman Gray Auctions, Essex
Top Tags
Annual Income £10
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