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One-bedroom ground floor flat, vacant

Hemel Hempstead, HP2 - Get Access

1 bed 1 bath

Description

The property comprises a vacant ground floor one-bedroom flat situated within a purpose-built block arranged over ground and two upper floors. The accommodation includes a reception room, kitchen, bedroom, and bathroom. Externally, the property benefits from communal gardens. The property is held on a 125-year lease from 27th August 1986, leaving approximately 84 years unexpired. The property is situated on a residential road close to local shops and amenities, with the open spaces of Grovehill and Woodhall Farm Adventure Playground within easy reach. Transport links are provided by Hemel Hempstead rail station and the M1 motorway. Current Energy Efficiency Rating is D.
Comparable sales
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Estimated market value
£
Range: £ — £
Medium confidence Floor Area: 538 sq ft (EPC)

This ground floor one-bedroom purpose-built flat in Hemel Hempstead was valued by examining local market benchmarks for similar properties in the area. The internal area of 538 sq ft provides a solid structural baseline, which was then adjusted for the visible need for modernisation across the kitchen, bathroom, and decor. We also accounted for the shorter unexpired lease length currently sitting at approximately 84 years.

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