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Guide price

£350,000

(£269.85/sq. ft)

Block of flats for sale

High Street, Ware SG12
1,297 sq. ft

Guide price

£350,000

(£269.85/sq. ft)

Block of flats for sale
High Street, Ware SG12

    • 1,297 sq. ft

About this property

  • Freehold

  • 2 flats converted in 2013

  • Grade II Listed building

  • Low, reversionary, passing rent of £20,400 pa (£850 pcm per flat)

  • Excellent High Street location

The property comprises two self-contained flats within a Grade II Listed building. The flats were converted in 2013.

The flats are accessed via a communal entrance on the High Street in between the two shops.

The shops effectively do not form part of the property having been sold off on a long lease at a peppercorn ground rent expiring 2162.

The flats are well-presented featuring carpeted floors, LED spotlights, fairly modern fitted kitchens and shower rooms / WCs and electric wall-mounted panel heating.

There is scope to increase the rental income, the passing rents being £850 per calendar month per flat.

While Flat 1 is a standard one bedroom unit, Flat 2 provides more space: There is an additional room accessed via the bedroom at second floor level which could be used an additional bedroom (this is the current arrangement) or as a study.

Location:
Ware is a thriving historic town in Hertfordshire. The property has an excellent location on the north side of the High Street, opposite the library.

There are various restaurants, shops, and bakeries / cafes nearby.

Ware railway station is only 340m to the south-east of the property, providing services to London Liverpool Street with a journey time of less than an hour.

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