1 bed flat for sale

38 Roland Street, St. Albans AL1

We are marketing the property as a 50% ownership @ £167,500 however there is also an option to purchase 100%share for £335,000.

A spacious luxury one bedroom apartment which is situated in a sought-after residential area within proximity to both St Albans mainline Station and St Albans vibrant City Centre with its wide selection of shopping and leisure facilities.

Constructed by Howarth Homes & we Black Ltd in 2017 the apartment still falls within its new build warrantee and was built to a good standard.

This spacious apartment is located on the second floor of this modern development which is served by a lift and video entry phone system, briefly comprises of a large open plan lounge-modern fitted kitchen, a spacious double bedroom and a modern fitted bathroom, there is a storage cupboard in the hallway and a Juliet balcony off the lounge.

To the Exterior

Well-kept communal grounds.

Parking - Allocated parking space.
Secure communal bike store.

Tenure - Leasehold - 125 years from 16th February 2018 with a Ground Rent of £345 per annum.

Service Charge - £1,077 per annum for 2020.

Local Authority - St Albans City & District Council. Council Tax Band D.

Energy Efficiency Rating - Band

Local Area
This Luxury development is situated on a quiet residential road in a popular family area of St. Albans, close to excellent schools and approximately 15 minutes’ walk from St. Albans city train and vibrant city centre with its vast restaurants, shops, and local Market.

Property Ownership Information

Tenure

Shared ownership

Council Tax Band

B

Percentage Share Owned

50%

Additional Monthly Rent

£550.00

Annual Ground Rent

£50.00

Ground Rent Review Period

No review period

Annual Service Charge

£1,000.00

Service Charge Review Period

No review period

Lease End Date

21/05/2156

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as "draft". Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.

Successful buyers will be required to complete anti-money laundering and proof of funds checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.