Elder Court, Mead Lane, Hertford, Hertfordshire, SG13
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Elder Court, Mead Lane, Hertford, Hertfordshire, SG13

By Morgan Alexander

£ 300,000

Reviews

2 out of 5 stars

Morgan Alexander says ..

NEW 199 YEAR LEASE WITH NO GROUND RENT CURRENTLY UNDERWAY- An impressive two double bedroom ground floor apartment forming part of this sought after development close to the town centre and Hertford East Station. CHAIN FREE

Property Oracle says ..

This two-bedroom apartment in Elder Court, Hertford offers a convenient and modern living experience. Its location is a key selling point, offering easy access to Hertford East train station and highly-rated schools. The interior is well-presented and appears to be in good condition with modern fixtures and fittings. However, potential buyers should be aware that the property is an apartment with no private outdoor space, and while priced competitively, it’s important to consider the lack of plot size compared to nearby properties. The absence of a garden could be a significant drawback for some prospective buyers. The overall condition of the apartment appears modern and well-maintained based on the provided photographs but further inspection would be recommended. Its proximity to the train station and good schools makes it suitable for commuters and families alike. However, interested buyers may wish to investigate the specifics of the 199-year lease with no ground rent, as this is a relatively new development.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
7
Location
7
Land
1
Bedrooms
2
Bathrooms
0
Sqft (est)
625.38

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
358,749.00 £
Decreased by 28.58 %
from 502,286.00 £
Est sale value
376,478.76 £
Increased by 29.18 %
from 291,427.08 £
Average area rental value
1,441.00 £/mo
Decreased by 4.19 %
from 1,504.00 £/mo
Est letting value
1,250.76 £/mo
Increased by 100.00 %
from 625.38 £/mo
Est rental Yield
4.82 %
Increased by 34.26 %
from 3.59 %
Crime Rate
47.00 %
Unchanged by 0.00 %
from 47.00 %

Agent Activity

  • Morgan Alexander created the listing.

Nearby Schools

NameTypeOfstedDistance
Abel Smith SchoolCommunity SchoolOutstanding0.59 KM
Eh10 Churchfields Family CentreChildren's Centre0.60 KM
Simon Balle All-Through SchoolAcademy ConverterOutstanding0.94 KM
Duncombe SchoolOther Independent School0.94 KM
Richard Hale SchoolAcademy ConverterGood1.03 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Moorfields £ 798,00000.00 KM
Haverlock Gardens £ 000.00 KM
Norris Works £ 000.00 KM
Bluecoats Court £ 295,00000.00 KM
Mead Business Centre £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Hertford East6818HFE0.17 KM
Hertford North6085HFN2.07 KM
Ware (Herts)6824WAR4.98 KM
Bayford6006BAY5.38 KM
Watton-At-Stone6095WAS8.05 KM

Nearby Listings

AddressPriceTypeScoreDistance
Elder Court, Mead Lane, Hertford, Hertfordshire, SG13 £ 265,000BUY6 / 100.00 KM
Elder Court, Mead Lane, Hertford, SG13 £ 275,000BUY6 / 100.01 KM
Elder court, Mead Lane, Hertford £ 315,000BUYUnknown0.04 KM
Elder Court, Hertford £ 279,995BUY7 / 100.04 KM
Elder Court, Mead Lane, Hertford £ 285,000BUYUnknown0.04 KM

Nearby Properties

AddressPriceDistance
43 The Waterfront £ 242,2500.11 KM
41 The Waterfront £ 242,5000.11 KM
40 The Waterfront £ 229,5000.11 KM
45 The Waterfront £ 275,0000.11 KM
46 The Waterfront £ 217,5000.11 KM