Floorplan
Map2 bedroom ground floor flat for sale
Key information
Features and description
- Located in a Formerly Forgotten Property
- Duplex Apartment
- 2 Bedrooms, Living/Dining Room
- History Dates back to c.1700
- Retained Period Features
- Modern Fitted Kitchen & Lounge
- New Leasehold to be set up
Situated in the heart of the city centre with all its amenities on your doorstep. Hereford city centre offers a wealth of shops, independent restaurants, cafes and public houses and has expanded over the years with the development of the Old Market bringing a brand new cinema and shopping experience. The railway station provides major rail links and there are plenty of sports and leisure facilities available within the city limits. You are also well placed for the city bus station to make commuting out of town accessible.
Apartment 1 The Merchants house is a Duplex apartment has access from the Communal Entrance into the Ground Floor Lounge/Dining Room with stairs down to the Kitchen with modern fitted units, washing machine, Belfast sink, tiled splashback and inset oven with electric hob over.
There are two bedrooms and Shower Room with walk-in shower, WIFI controlled underfloor heating, wc and vanity unit with shaver point.
There are accents of the original features throughout and the property is neutrally decorated offering smart accommodation.
The property has been and would continue to be an exceptional short term accommodation property, although also suits as a base to live. The Freehold to the building is available via separate negotiation. The new lease will be undertake upon completion.
There is an opportunity to acquire the building which is currently making an £80,000 Per Annum (Gross) income as a holiday let. The building will be sold vacant and would make an exceptional opportunity for someone looking to carry out a similar investment model.
Rooms
Services & Expenditure Information
Tenure: The property is currently under 1 title, however a new Leasehold is to be prepared for the sale of the 3 apartments before completion. This will have an indicative lease as:
150 Years
Ground Rent: £100 per annum
Service Charge: £60 per month (subject to formal agreement)
Services Connected: Mains electric, water and drainage. Electric heating.
Council Tax Band: Each apartment will need to be assessed, although indicative of Band B
Broadband availability: Superfast 80 Mbps
Flood Risk: Low Flood Risk
Phone Coverage: 4g available
Jackson Property Compliance
Digital Markets, Competition and Consumers Act 2024 (Commencement No.2) Regulations 2025, We endeavour to ensure that the details contained in our marketing are correct through making detailed enquiries of the owner(s), however they are not guaranteed.
Jackson Property Group have not tested any appliance, equipment, fixture, fitting or service. Any intending purchasers must satisfy themselves by inspection or otherwise as to the correctness of each statement contained within these particulars.
Any research and literature advertised under the material information act will have been done at the time of initial marketing by our partners, Kotini and or such any engaged by Jackson Property, on behalf of the owners and ourselves, with the owners signing off their own information.
Services & Expenditures advertised have been taken from | |
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