Cherry Tree Road
- 1-bedroom upper floor flat
- 25% shared ownership
- Long lease- 988 years remaining
- Allocated parking
- 1.5 miles to watford junction
- Convenient lift access within the building
- No onward chain
- Contemporary open-plan kitchen & living space read more show less
- Years remaining: 987 years
- Current ground rent: Contact branch
- Ground rent review period: Contact branch
- Annual service charge: £959
- Ground rent increase: Contact branch
- Share sold: 25%
- Rent payable: £593 per month
Council Tax Band: C
Tenure: Leasehold
Shared Ownership:
The spacious double bedroom provides a calm and comfortable retreat, complemented by a modern shower room with high-quality fittings and a clean, neutral finish. The property also benefits from the convenience of lift access, allocated parking, and a long 988-year lease, making it an excellent low-maintenance choice for first-time buyers.
Positioned on a quiet residential road, the development offers superb access to everyday essentials. Local shops, cafes, gyms and schools are all within easy reach, while Watford North Station is just a short walk away(0.8 miles), providing quick local connections. For commuters, Watford Junction is 1.5 miles from the property, offering direct services into London Euston in around 20 minutes.
Offered with no onward chain and available on a 25% shared ownership basis, this home presents a fantastic opportunity to get onto the property ladder in a sought-after and increasingly popular part of Watford.
Eligibility criteria applies
Entrance
Kitchen/Reception Room
23' 6" x 7' 6" ( 7.16m x 2.29m )Bedroom
16' 4" x 9' 3" ( 4.98m x 2.82m )Shower Room
7' 7" x 6' ( 2.31m x 1.83m )Agents Note
Heating to the property is served by electric heating. Please contact the branch for more detailsAgents Note
This property is currently under shared ownership in conjunction with Watford Community Housing Association who have criteria for any purchase. The advertised price is for the sellers 25% share. Approximately £593.10 per month is paid to the Housing Association as rent for the retained share. Service Charge is approximately £958.68; Ground Rent is £0. Please contact with Watford Community Housing Association for guidance on purchase requirements. Your conveyancer will advise with regard to the timescales involved and you should satisfy yourself in regard to lending affordability before proceeding.Utility supply:
- Electric Mains Supply
- Water Mains Supply
- Heating Electric
- Broadband Cable
- Sewerage Mains Supply
Rights and restrictions:
- Private rights of way No
- Public rights of way No
- Listed property No
- Restrictions Yes
Risks:
- Flooded in last 5 years No
- Flood defences Ask agent
- Source of flood Ask agent
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Mortgage enquiry
LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP.
**The 4.19% annual interest rate is based on the Connells Group average mortgage interest rate taken from this year YTD and is correct as at 17/03/2026.
Any fees payable will be explained in your initial no-obligation appointment, before you choose whether to use our Mortgage Services.