12 bedroom property for sale

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12 bedroom property for sale

The Common, Hatfield
£3,180,000

Our Summary

  • Hammonds are excited to offer a unique investment opportunity in the heart of Hatfield
  • Investment Potential:With an estimated rental income of £1,400 per month per apartment, this development offers a strong annual yield of approximately 6

Description

Hammonds is offering a unique investment opportunity in the heart of Hatfield, with a modern residential development comprising 12 one-bedroom apartments set for completion in October 2024. The development is strategically located near the town centre, with easy access to nearby St Albans, Potters Bar, and Welham Green, as well as a 30-minute train ride to central London. Each apartment features bright, open-plan layouts and high-quality finishes, designed with modern living in mind. The development will be delivered as a turnkey investment, fully finished and ready for immediate occupancy or rental, offering a seamless start to generating rental income. With an estimated rental income of £1,400 per month per apartment, the development offers a strong annual yield of approximately 6.55%, totaling £201,600 per annum. Additionally, the property is expected to appreciate by 18.1% over the next five years, potentially increasing its value by £545,300. The sale includes the freehold of the entire building, granting full control over the property, including setting service charges and managing maintenance.
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