About This Property

Discover what makes this home special

This modern two-bedroom apartment at Hertford Locks offers a stylish and comfortable living space with a well-designed layout spanning approximately 730 sq.ft. Situated on the fourth floor of Waterlily House, the property boasts an open-plan kitchen and living/dining area that opens onto a private balcony, perfect for relaxing or entertaining. The master bedroom benefits from an en-suite shower room, while a second bedroom and a separate bathroom provide ample accommodation for families or professionals alike. The apartment is complemented by useful storage spaces including a utility cupboard and built-in wardrobes.

Property Features

The apartment’s key features include a spacious open-plan living and dining area with access to a balcony that enjoys a north-west facing aspect, providing pleasant afternoon and evening light. The master bedroom includes a private en-suite, enhancing convenience and privacy. Additionally, the property benefits from a utility cupboard, built-in wardrobes, and a modern kitchen equipped with integrated appliances. Being located on the fourth floor, residents can enjoy elevated views over the surrounding Hertford Locks development and the nearby River Lea.

BalconyEn-suiteUtility CupboardOpen-plan LivingBuilt-in WardrobesFourth Floor+2

Local Amenities

Hertford Locks is perfectly positioned close to Hertford town centre, offering excellent access to local amenities. Hertford East and Hertford North stations provide frequent rail services to London Liverpool Street and Stevenage, making commuting straightforward. Families will appreciate the proximity to well-regarded schools such as Hertford County High School and Simon Balle All-through School. The area also benefits from nearby supermarkets including Tesco, leisure facilities like Hertford Theatre, and scenic outdoor spaces such as Mill Meadow Park and riverside walks along the River Lea, ideal for weekend relaxation and recreation.

Hertford East StationHertford North StationHertford County High SchoolSimon Balle All-through SchoolTesco SuperstoreHertford Theatre+2
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£409,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£170/mo
Estimated Ground Rent£14/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£409,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£170/mo
Estimated Ground Rent£14/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Attractive Investment
72/100
ChallengingModerateGoodExcellent
Proximity to London with good rail links
Strong local rental demand from professionals and families
Limited on-site parking may be a consideration

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£409,000
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£170/mo
Estimated Ground Rent£14/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 £2,045/mo rent
Area Price Growth
+3.8%
Average annual increase
5-Year Value Forecast
£493,795
+£84,795 projected gain
5-Year Rent Forecast
£2,429/mo
Based on 3.5% annual growth
Price per Sq Ft£560
Annual Rent Income£24,540
10-Year ROI240%
Break-Even Point18 yrs

Property Value Projection

Based on 3.8% annual growth
£493,795
5yr
£596,170
10yr
£719,770
15yr
£868,994
20yr
£1,049,157
25yr
Current: £409,000

Monthly Rental Income

Based on 3.5% annual growth
£2,429
5yr
£2,885
10yr
£3,426
15yr
£4,069
20yr
£4,833
25yr
Current: £2,045/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
North-West-Facing Moderate
6h
Garden Sun (Summer)
No
Morning Sun
Yes
Afternoon Sun

Room-by-Room Light Analysis

Living/Dining
Morning Low
Afternoon Moderate
Evening Good
Kitchen
Morning Moderate
Afternoon Low
Evening Low
Bedroom 1
Morning Moderate
Afternoon Good
Evening Moderate
Bedroom 2
Morning Moderate
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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£409,000
AvailableNB0000049057
View Location Analytics

Property F.4.05

Hertford Locks, Hertford SG13 7BJ
Hertford Locks
2
Bedrooms
2
Bathrooms
730
Est. Sq ft
apartment
Type
Ownershipleasehold

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£409,000Property F.4.05

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Property F.4.05
Property F.4.05Hertford Locks£409,000

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