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1 bedroom flat for sale
Burford Street, Hoddesdon EN11
£430,000
Burford Street, Hoddesdon EN11
£430,000
Our Summary
- An investment opportunity in Hoddesdon Town Centre consisting of two first floor flats The opportunity consists of the following: :- One bedroom first flat (owner occupied)- Two bedroom first floor flat currently used as holiday lettingParking and communal area to rearSold on a long lease with vacant possessionHoliday letting :Good opportunity for self-managed investment if continuing to let the units on holiday let basis or as a serviced accommodation basis / Air BNBIncome the past year has been 2 bed flat
Description
This is an investment opportunity in Hoddesdon Town Centre, consisting of two first-floor flats. The two-bedroom flat is currently used as a holiday let, generating £24,000 per annum, while the one-bedroom flat is owner-occupied. The property has a long lease and no VAT is due on the building. The location is in the heart of Hoddesdon Town Centre, with parking and a communal area to the rear. The flats have a gross internal floor area of 33m2 and 58m2 respectively, with modern kitchens, shower rooms, and double bedrooms. The vendor is not bound to accept the highest offer and reserves the right to negotiate with any party. Viewing is strictly by prior appointment, and the buyer will be responsible for their own legal costs, stamp duty, and tax.