68 Hutton Close, Hertford, Hertfordshire, SG14 2DN

  • Unconditional Online Auction Sale
  • Guide Price* : £145,000

Spacious 1 bedroom ground floor flat in good condition close to local amenities and Hertford North train station. Would suit first time buyer, downsizer or investor with estimated 6% gross yield.

Description

Situation & Description

This long leasehold ground floor flat is situated around 1 mile north west of the town centre. There are excellent local amenities 200 yards from the flat, including a Co-op supermarket, post office, pharmacy, butchers, bakers, hairdressers and local pub as well as a good selection of primary and secondary schools.

Hertford North train station is within 0.4 miles with direct access to Stevenage (c.25 minutes) and Finsbury Park (c.35 mins) meaning residents can be on Oxford Street within 45 minutes. Hertford also benefits from excellent road links via the A414 giving easy access to both the A1M and the A10.

The flat extends to 45.4sqm (489sqft) and comprises; Entrance Hall, Living Room with direct access onto the rear communal gardens, separate Kitchen, Bathroom and Double Bedroom. It is in good condition throughout and until recently has been let out but is now to be sold with vacant possession so would suit first time buyer, downsizer or investor.

Outside there are communal gardens to the rear, an outside store and on street parking.

The flat benefits from a 125 year lease from 25th June 1984 (thus having just under 90 years remaining) with an annual ground rent payment of £10 and a low service charge of c.£542 per annum (full details of the lease information and service charge will be available for free in the legal pack).

Auction Details
The lot is to be sold by online auction on Wednesday 5th February at 2:00pm (bidding opens at 12pm)
All interested parties who wish to bid, please contact My Auction on 0207 101 4868

Please note that a Buyer’s Premium of 1.2% inc.VAT of the purchase price is to be paid by the successful Buyer (subject to a minimum fee of £2,400 inc.VAT). The successful Buyer will also have to pay a 5% non-refundable Deposit on the fall of the digital hammer with the remaining 95% payable on completion (see Special Conditions of Sale for full details).

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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