About This Property

Discover what makes this home special

Property F.2.03 at Hertford Locks is a stylish and modern one-bedroom apartment located on the second floor of Waterlily House. Offering a spacious open-plan kitchen and dining area combined with a comfortable living space, this home is perfect for singles or couples seeking a contemporary urban lifestyle. The property benefits from a private balcony overlooking the scenic surroundings, providing an ideal spot for relaxation. The bedroom includes a built-in wardrobe, and the bathroom is well-appointed with modern fixtures. With a total internal area of approximately 503.8 sq.ft, this apartment balances functionality and comfort in a sought-after Hertford location.

Situated within the Hertford Locks development, this property enjoys proximity to the River Lea and the vibrant town centre of Hertford. Residents can enjoy easy access to local amenities, transport links, and green spaces, making it an excellent choice for commuters and those looking for a balanced lifestyle. The apartment’s west-facing aspect ensures good afternoon and evening sunlight, enhancing the living experience. Whether as a first home or an investment, this property offers strong appeal in a thriving Hertfordshire community.

Property Features

This apartment boasts a private balcony that extends the living space outdoors, perfect for enjoying afternoon and evening sun. The open-plan kitchen and dining area is designed for modern living, with ample room for cooking and entertaining. A built-in wardrobe in the bedroom offers practical storage solutions, while the bathroom features contemporary fittings including a bathtub. Additional storage is provided by a utility cupboard, enhancing the apartment’s functionality. Located on the second floor, the property benefits from natural light and privacy within a secure, well-maintained development.

BalconyOpen-plan Kitchen/DiningBuilt-in WardrobeModern BathroomUtility CupboardSecond Floor Apartment+1

Local Amenities

Hertford Locks is ideally positioned close to Hertford’s town centre, offering a variety of amenities including supermarkets such as Waitrose and Tesco Express for convenient shopping. The area benefits from excellent transport links with Hertford East and Hertford North railway stations providing direct access to London and surrounding areas, making commuting straightforward. Local schools such as Mill Mead Primary School and Simon Balle All-through School are highly regarded, appealing to families. Residents can enjoy cultural and recreational facilities including Hertford Theatre, Hertford Castle Grounds, and scenic walks along the River Lea, contributing to a vibrant community lifestyle.

Hertford East StationHertford North StationHertford TheatreHertford Castle GroundsWaitrose SupermarketTesco Express+4
Hertford East Train Station (0.8 miles, 4 mins drive) • 38 mins to London

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£306,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£128/mo
Estimated Ground Rent£10/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
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Purchase Costs
Total Price£306,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£128/mo
Estimated Ground Rent£10/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Analyzing...
--/100
ChallengingModerateGoodExcellent

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
Specialist international mortgagesSpeak to a broker experienced with non-UK resident buyers
Get Advice
International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£306,000
Mortgage Deposit (Min 25%)-
Stamp Duty + 2% Surcharge-
Legal Fees (Intl Complex)£3,500
AML & ID Verification£500
Bank Transfer Fees£1,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£128/mo
Estimated Ground Rent£10/mo
Mortgage-
Full Management (10%)-
Landlord's Insurance£35/mo
Est. Rent-
Net Monthly-
Key Considerations for International Buyers
+2% Stamp DutyAdditional surcharge for non-UK residents on property purchases
Higher DepositMost lenders require 25-40% deposit for non-UK residents
AML ComplianceEnhanced due diligence and source of funds verification required
Property ManagementFull management service recommended for overseas landlords

Investment Analytics

Key metrics for investors & buyers
Gross Rental Yield
6.0%
Based on £1,530/mo rent
Area Price Growth
+3.8%
Average annual increase
5-Year Value Forecast
£369,441
+£63,441 projected gain
5-Year Rent Forecast
£1,817/mo
Based on 3.5% annual growth
Price per Sq Ft£607
Annual Rent Income£18,360
10-Year ROI240%
Break-Even Point18 yrs

Property Value Projection

Based on 3.8% annual growth
£369,441
5yr
£446,034
10yr
£538,507
15yr
£650,152
20yr
£784,944
25yr
Current: £306,000

Monthly Rental Income

Based on 3.5% annual growth
£1,817
5yr
£2,158
10yr
£2,563
15yr
£3,044
20yr
£3,616
25yr
Current: £1,530/mo
* Projections are estimates based on historical market data and are not guaranteed. Past performance does not indicate future results.

Property Features

Local Area & Amenities

Floorplan

Ground Floor

Property Floorplan

Site Plan

Site Plan

Location

Commute Time Planner

London Liverpool Street
38 mins
1h 5m
Stansted Airport
55 mins
40 mins

Sun Path & Natural LightAI generated - Estimated

NESW
West-Facing Afternoon Sun
6h
Garden Sun (Summer)
No
Morning Sun
Yes
Afternoon Sun

Room-by-Room Light Analysis

Living Room
Morning Low
Afternoon Good
Evening Excellent
Kitchen/Dining
Morning Low
Afternoon Moderate
Evening Good
Bedroom 1
Morning Low
Afternoon Good
Evening Moderate

Location Scores

65
Walk Score
Somewhat Walkable
60
Transit Score
Good Transit
55
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Commercial and Residential+Positive Impact
Hertford Town Centre Regeneration
1.0 milesEst. 2025
* Information based on local planning applications and may be subject to change

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£306,000
AvailableNB0000049049
View Location Analytics

Property F.2.03

Hertford Locks, Hertford SG13 7BJ
Hertford Locks
1
Bedrooms
1
Bathrooms
504
Est. Sq ft
apartment
Type
Ownershipleasehold

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£306,000Property F.2.03

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Property F.2.03
Property F.2.03Hertford Locks£306,000

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