Chatsworth Court, Stanhope Road, St. Albans

Name: Moulton Estates
Rating: 5

Stanhope Road, St. Albans, Hertfordshire, AL1 5BA

Sold

Asking price £260,000

Property ID :

RH-74147-property

Bedrooms

Bathrooms

Area

367 sqft

Features

Description

Delightful GROUND FLOOR ONE BEDROOM APARTMENT conveniently located for commuters and the city centre.

Located just 500 yards from the ST ALBANS THAMESLINK MAINLINE STATION and just a short walk from ST ALBANS CITY CENTRE with lots of lovely shops and restaurants.

Benefitting from an ALLOCATED UNDERGROUND PARKING SPACE and well maintained communal areas. The property has a very long lease with nearly 1000 years remaining, and a low service charge with a healthy reserve fund.

This property is perfect for BUY-TO-LET INVESTORS AND FIRST-TIME BUYERS ALIKE.

Entrance Hall

Living/Dining Room

3.38 x 3.36 (11’1″ x 11’0″)
Bright and open living/dining room with Juliet balcony, access to the kitchen, and laminate flooring throughout.

Kitchen

2.95 x 1.74 (9’8″ x 5’8″)
Modern kitchen with space for washing machine, under-counter fridge, and freestanding cooker. Laminate flooring throughout

Modern Bathroom

Large modern bathroom with bath and shower-over-bath. Part tiled. With modern heated towel rail.

Double Bedroom

3.29 x 3 (10’9″ x 9’10”)
Reasonably-sized double bedroom with tonnes of built-in storage. Carpet throughout.

St Albans Area

St. Albans is a city in the commuter belt north of London, England. Its vast centuries-old cathedral features medieval wall paintings. Nearby, Verulamium Park has ornamental lakes and the remains of the city’s ancient Roman wall. Also here is the Verulamium Museum, displaying artefacts from the city’s Roman past, including mosaics and the Sandridge Hoard of gold coins. A 2nd-century Roman theatre stands nearby. St Albans benefits from many excellent restaurants, pubs, shops, parks, schools, and is very well connected by rail and road.

Lease Information

The lease was renewed for 1000 years in 2018 and the service charge is just £245 per quarter with an additional £100 per quarter contribution to the reserve (sinking) fund.

Buy To Let Opportunity

In our opinion, this property is a fantastic Buy-To-Let Opportunity. We estimate the potential rent will be between £875 and £900 per month and that the property will be an attractive option to professional working tenants due to the excellent location.