Property description
**For Sale By Auction on 27th February 2014**
A Two Bedroom Third Floor Flat Subject to an Assured Shorthold Tenancy Producing £13,800 per annum
Guide Price = £310,000+
Tenure
Leasehold. The property is heldon a 125 year lease from 2003 (thus approximately 114 yearsunexpired).
Location
The property is situated in the sought after area of St Albans close to the shops and restaurants along London Road. The open spaces of Verulamium Park are within easy reach. Transport links are provided by St Albans rail station.
Description
The property comprises a third floor two bedroom flat situated within a purpose built block arranged over ground and three upper floors. The property benefits from a residents-only gymnasium.
Accommodation
Third Floor
Reception Room with open plan Kitchen
Bedroom with en-suite Bathroom
Bedroom with en-suite Shower Room
Bathroom with WC & wash basin
Exterior
The property benefits from communal gardens and an underground parking with oneallocated parking space
Tenancy
The property is subject to an Assured Shorthold Tenancy commencing in February 2014 producing £1,150 per calendar month.
Current Rent Reserved £13,800 per annum