Description

A one bedroom first floor retirement apartmentWatermans comprises 39 properties arranged over 3 floors in two blocks with the main block served by a lift. (flats 29 - 39 in Smaller block with no lift) The Development Manager can be contacted from various points within each property in the case of an emergency. For periods when the Development Manager is off duty there is a 24 hour emergency Appello call system. Each property comprises an entrance hall, lounge, kitchen, one or two bedrooms and ba Continued...

Property features

  • Visiting Development Manager (a.m.)
  • Communal Lounge
  • 24 hour emergency Appello system
  • Communal Satellite TV Aerial
  • Minimum Age 60
  • Guest Suite
  • Lease 99 years from 1988
Travel time to work:

  • Romford - 0.68km, 10 mins walk
    • National Rail
  • Gidea Park - 1.14km, 17 mins walk
    • National Rail
  • Emerson Park - 2.32km, 35 mins walk
    • National Rail

Rental Yield

Average rental value

£196pw

Average weekly rent of nearby 1 beds.

Annual rental yield

6.6%

Gross yield if rented for the average rent.

Sale price

Average asking price

£159,948

Average asking price of nearby 1 beds.

Value for money

3% cheaper

This property is slightly cheaper than average.

Price growth

Last 5 year price growth

Property prices in this area have increased at this rate per year over the last 5 years.

Estimated Value in 5 years

If historic price growth continues, this property could be worth this much in 5 years.

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Queensway House, 11 Queensway, New Milton, BH25 5NR

01425 292953

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