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£265,000
Having knowledge of the purchase price allows you to calculate the overall expense incurred in acquiring the property. Read our glossary page
2 bedroom apartment
Heritage Gate, High Street, Old Town, Hemel Hempstead, Hertfordshire, HP1 3AFAbout this property
Council Tax A fee submitted to your local authority to cover expenses related to local amenities such as schools, libraries, and waste management. The payment amount is determined based on the property's value. Read our glossary page :
Tenure Explains the various forms of property ownership, including freehold, leasehold, and commonhold, and how they determine your rights and responsibilities as a property owner. Read our glossary page :
Ground Rent A recurring payment issued by the tenant to the landlord or property management firm. Read our glossary page
£300.00 per annum
Ground Rent Review Period When will your ground rent be assessed and how frequently will it be reviewed. Read our glossary page
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Annual Service Charge An estate's shared area expenses, such as building insurance, lighting, cleaning, and maintenance, are typically covered by a periodic payment that is commonly made on a yearly basis. Read our glossary page
£2,021.81
Length of Lease The duration of time you have acquired the leasehold, or the right to reside in a property. Read our glossary page
114 years
Size The size of a property or land refers to its physical extent or area. Read our glossary page
547 sqft
Use Class A commercial use class refers to a classification system that categorises buildings based on their intended commercial purposes, such as offices, retail spaces, or industrial facilities. Read our glossary page
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Material information
ExpandA superbly presented two bedroom penthouse apartment, ideally situated on Heritage Gate, just off Hemel Hempstead's historic Old Town High Street.
Accommodation includes entrance, open plan living space with kitchen area, two well proportioned bedrooms and a luxuriously fitted family bathroom.
Externally the property further benefits from an allocated parking space. Council tax band C. Contact sole appointed selling agents Sears & Co to arrange your viewing.
The owners have advised that the property has approximately 114 years remaining on the leasehold. The owners have also advised that the property is subject to ground rent charges of approx £300 per year and service charges in the region of approx £1,010.90 every 6 months. This information should be verified with a solicitor prior to exchange of contracts.
Buyer Information: To comply with the UK's Anti Money Laundering (AML) regulations, we are required to confirm the identity of all prospective buyers at the point of an offer being accepted and use a third party, Identity Verification System to do so. There is a charge of £48 (per person) including VAT for this service (£40 + vat). The same system will also authenticate buyers proof of funding for the proposed purchase.
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Selling your home can feel like a daunting prospect, Richard and the team at Sears & Co are here to make you feel at ease and maximise the sale of your home in the most suitable timeframe. With over 60 years combined experience in the industry you can be sure your sale is in safe hands.
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