About This Property

Discover what makes this home special

This stylish one-bedroom apartment at Hertford Locks, Waterlily House offers a modern and comfortable living space ideal for first-time buyers, professionals, or investors. Located on the fifth floor, the property boasts an open-plan kitchen and living/dining area that opens onto a private balcony, providing a perfect spot to enjoy views and natural light. The bedroom includes a built-in wardrobe, and the bathroom is well-appointed with contemporary fixtures. With a total internal area of approximately 596.8 sq.ft and a balcony of 41.6 sq.ft, the apartment combines functionality with a sleek design.

Situated in the charming town of Hertford, this apartment benefits from proximity to the River Lea and the vibrant Hertford Locks development, known for its scenic waterways and community atmosphere. The property offers easy access to local amenities and transport links, making it an excellent choice for those seeking a balanced lifestyle between urban convenience and peaceful surroundings.

Property Features

The apartment's standout features include a spacious open-plan living and kitchen area that maximises natural light and space efficiency. The balcony extends the living area outdoors, perfect for relaxation or entertaining. A utility cupboard adds practical storage, while the built-in wardrobe in the bedroom enhances organisation. Being on the fifth floor, the property enjoys elevated views, including glimpses of the nearby River Lea. The modern bathroom is fitted with quality fixtures, complementing the contemporary design of the apartment.

BalconyOpen-plan livingBuilt-in wardrobeModern bathroomUtility cupboardFifth floor apartment+2

Local Amenities

Hertford Locks is ideally positioned close to Hertford’s town centre, offering excellent local amenities such as Waitrose supermarket and a variety of independent shops, cafes, and restaurants. Transport links are strong with Hertford East and Hertford North railway stations providing direct routes to London Liverpool Street and Stevenage respectively. Families will appreciate nearby schools like Mill Mead Primary and Simon Balle School. For leisure, the Hertford Castle Grounds and scenic River Lea walks provide ample outdoor activities, enhancing the quality of life in this vibrant community.

Hertford East StationHertford North StationWaitrose SupermarketHertford TheatreMill Mead Primary SchoolSimon Balle School+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£325,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£135/mo
Estimated Ground Rent£11/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£325,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£135/mo
Estimated Ground Rent£11/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£325,000
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£135/mo
Estimated Ground Rent£11/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 £1,625/mo rent
Area Price Growth
+3.8%
Average annual increase
5-Year Value Forecast
£392,380
+£67,380 projected gain
5-Year Rent Forecast
£1,930/mo
Based on 3.5% annual growth
Price per Sq Ft£544
Annual Rent Income£19,500
10-Year ROI240%
Break-Even Point18 yrs

Property Value Projection

Based on 3.8% annual growth
£392,380
5yr
£473,729
10yr
£571,944
15yr
£690,521
20yr
£833,682
25yr
Current: £325,000

Monthly Rental Income

Based on 3.5% annual growth
£1,930
5yr
£2,292
10yr
£2,722
15yr
£3,233
20yr
£3,840
25yr
Current: £1,625/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 Moderate
Afternoon Good
Evening Good
Kitchen
Morning Moderate
Afternoon Good
Evening Low
Bedroom 1
Morning Low
Afternoon Moderate
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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£325,000
AvailableNB0000049050
View Location Analytics

Property F.5.03

Hertford Locks, Hertford SG13 7BJ
Hertford Locks
1
Bedrooms
1
Bathrooms
597
Est. Sq ft
apartment
Type
Ownershipleasehold

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£325,000Property F.5.03

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Property F.5.03
Property F.5.03Hertford Locks£325,000

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