Farthing Close, Watford £260,000

IDEAL FOR INVESTORS

This is a modern one bedroom purpose built apartment, situated on the first floor of a well presented purpose built block. This apartment is located within a gated development just off Watford Fields Road.

This modern apartment is decorated and carpeted in neutral colours and features a good size open plan living / dining room and well fitted kitchen plus French doors opening to a Juliette Balcony. This balcony then looks over the Watford Fields park area. There is also a double bedroom and a smart modern bathroom with bath with shower fitting over. Heating is via Economy Seven storage heating and all windows are double glazed.

The property is, we think, ideal for commuters as public transport links are within 0.3 mile to Watford High Station (Main Line), and 1.2 mile to Watford Junction Station. The Atria shopping centre is also just 0.4 mile away. The flat also has an allocated parking space within this private gated development.

The property is currently let until December 2023 on an Assured Shorthold Tenancy to tenants who take great care of the property and pay the monthly rent of £950.00 promptly.

Accommodation

Entrance Hall

Living / Dining Room

Open Plan Fitted Kitchen

Double Bedroom

Bathroom

Allocated Parking Space

Private Gated Community with attactive Communal Gardens

Lease
125 years from 1st March 2002, leaving approx 104 years remaining

Ground Rent:
The ground rent payable is currently £200.00 pa

Service Charges:
Service charge year runs from 1st June to 31st May, with payments falling due in 2 equal instalments on 1st June and 1st December.
Advance payment of half of the annual predicted service charge paid in these half yearly instalments
2019/2020   £1659.26
2020/2021    £1807.04
2021/2022    £1908.58
2022/2023     £2037.18