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SUMMARY
** NO ONWARD CHAIN ** LOW ANNUAL CHARGES ** LONG LEASE ** REFURBISHED THROUGHOUT ** SITUATED IN THE HEART OF BUSHEY ** NEARBY AMENITIES & TRANSPORT LINKS ** INVESTMENT OPPORTUNITY ** CURRENT TENANT IN SITU **


DESCRIPTION
Connells are delighted to welcome Sparrows Herne to the market, a one bedroom apartment situated in the heart of Bushey. Surrounded by many local amenities, shops and excellent transport links.

Refurbished throughout to a high specification, the property is offered to the market with no onward chain, on street parking and a lease of approximately 247 years. Further benefits include low running costs creating great yield, peppercorn ground rent and annual charges of approximately £680.

Sparrows Herne is currently tenanted and is to be sold with the tenant in situ an ideal first investment or a convenient addition to your already growing portfolio. The current rent received is £1300 per calendar month.

An internal viewing comes highly recommended, contact Connells today.

Auctioneer s Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance subject to lending criteria, affordability and survey .

The buyer is required to sign a reservation agreement and make payment of a non refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer.

The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Entrance Hall
Door to front aspect, storage cupboard and radiator.

Lounge 13 5" x 10 2" 4.09m x 3.10m
Window to side aspect, television point and radiator.

Kitchen 10 2" x 6 11" 3.10m x 2.11m
Window to side aspect, wall and base units, work surfaces, electric oven, gas hob, cooker hood, plumbing for a washing machine or dishwasher, space for a fridge freezer.

Bathroom
Window to side aspect, tiled throughout, water closet, wash hand basin, bath with overhead shower and heated towel rail.

Tenant In Situ
The property is to be sold with the current tenant in situ, the rental amount is £1300 per calendar month. Low running costs which include peppercorn ground rent and service charge of approximately £680 per annum. The lease length is approximately 247 years.

Agents Note
Currently, the Vendors details do not match the Registered Title at Land Registry. Please ask the Branch for more details.


We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.



1. MONEY LAUNDERING REGULATIONS Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co operation in order that there will be no delay in agreeing the sale.
2 These particulars do not constitute part or all of an offer or contract.
3 The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4 Potential buyers are advised to recheck the measurements before committing to any expense.
5 Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6 Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor."