dealsourcr

2 Bed Flat, Single Let, Watford, WD17 2PJ, £290,000

Ashleigh Court, Loates Lane, Watford, WD17 2PJ - 4 views - 4 years ago

Leasehold
BTL
ROI: 2%
~70 m²
+5 photos

ValuationUndervalued

Sold Prices£150K - £435K
Sold Prices/m²£3.5K/m² - £6.8K/m²

 

 

Square Metres

~69.77 m²
Price/m²£4.2K/m²

Value Estimate

£348,405
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£72,500

Stamp Duty & Legal Fees

£11,900

Total Cash In

£84,400

 

 

Cash Out

 

Rent Range

£1,300 - £3,700

Rent Estimate

£1,325

Running Costs/mo

£1,191

Cashflow/mo

£134

Cashflow/yr

£1,605

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £150K to £435K, average is £292.8K. £3.5K/m² to £6.8K/m², average is £5.1K/m².

PriceDateDistanceAddressBeds 
£280K11/210.12 mi6b, Grosvenor Road, Watford, Hertfordshire WD17 2QT2
£272K06/210.13 mi84b, Gladstone Road, Watford, Hertfordshire WD17 2RB2
£315K06/230.13 mi58, Gladstone Road, Watford, Hertfordshire WD17 2RB2
£259K01/210.19 mi6a, Queens Place, Watford, Hertfordshire WD17 2RD2
£239K06/210.19 mi5, Queens Place, Watford, Hertfordshire WD17 2RD2
£315K01/240.26 mi36, Water Lane, Watford, Hertfordshire WD17 2NH2
£280K11/230.37 miFlat 21, Kennett Court, Whippendell Road, Watford, Hertfordshire WD18 7LT2
£435K04/210.43 mi35, St Johns Road, Watford, Hertfordshire WD17 1QB2
£300K11/220.45 mi70b, St James Road, Watford, Hertfordshire WD18 0DX2
£315.5K09/230.45 mi19, Farthing Close, Watford, Hertfordshire WD18 0BT2
£268K04/230.45 mi36, Farthing Close, Watford, Hertfordshire WD18 0BT2
£350K01/230.48 mi3, Bushey Grove Road, Bushey, Hertfordshire WD23 2JY2
£290K06/210.48 miFlat 29, Lambert Court, Bushey Grove Road, Bushey, Hertfordshire WD23 2HF2
£285K03/210.48 miFlat 28, Lambert Court, Bushey Grove Road, Bushey, Hertfordshire WD23 2HF2
£260K02/210.48 miFlat 42, Lambert Court, Bushey Grove Road, Bushey, Hertfordshire WD23 2HF2
£150K05/230.48 miFlat 30, Lambert Court, Bushey Grove Road, Bushey, Hertfordshire WD23 2HF2
£257.5K02/240.5 miAlexandra Court, Flat 22, Aston Close, Watford, Hertfordshire WD24 4RS2
£309K01/210.5 miFlat 19, Alexandra Court, Aston Close, Watford, Hertfordshire WD24 4RS2
£333.5K02/210.5 miFlat 44, Alexandra Court, Keele Close, Watford, Hertfordshire WD24 4RT2
£280K02/230.51 miFlat 8, Roedean House, Exeter Close, Watford, Hertfordshire WD24 4BN2
£292.5K11/230.51 miFlat 9, Andrew Reed Court, Keele Close, Watford, Hertfordshire WD24 4RU2
£325K05/210.52 miFlat 21, Elizabeth House, Exeter Close, Watford, Hertfordshire WD24 4RE2
£270K10/220.53 miFlat 17, Badminton House, Anglian Close, Watford, Hertfordshire WD24 4RG2
£300K10/200.54 miFlat 8, Lancing House, Hallam Close, Watford, Hertfordshire WD24 4RL2
£408K02/230.55 mi4b, Essex Road, Watford, Hertfordshire WD17 4EP2
£275K06/210.55 miFlat 5, Canterbury House, Anglian Close, Watford, Hertfordshire WD24 4RH2
£310K12/200.55 mi17a, Essex Road, Watford, Hertfordshire WD17 4EL2
£275K06/210.55 miFlat 13, Westminster House, Hallam Close, Watford, Hertfordshire WD24 4RJ2
£285K10/210.57 miFlat 12, Cheltenham House, Exeter Close, Watford, Hertfordshire WD24 4BL2
£270K11/220.57 miFlat 4, Wellington House, Exeter Close, Watford, Hertfordshire WD24 4BP2
£355K11/210.57 mi103, Walton Road, Bushey, Hertfordshire WD23 2FE2
£337.5K07/230.6 mi74c, Bushey Hall Road, Bushey, Hertfordshire WD23 2EQ2
£200K02/240.66 miMalden Lodge, Flat 9, Alexandra Road, Watford, Hertfordshire WD17 4BS2
£377.5K12/220.67 mi34a, Hempstead Road, Watford, Hertfordshire WD17 4ER2
£305K11/230.67 mi14, Christie Court, Watford, Hertfordshire WD18 0LA2
£293K06/210.67 mi8, Christie Court, Watford, Hertfordshire WD18 0LA2
£273K10/220.67 mi92, Norbury Avenue, Watford, Hertfordshire WD24 4PD2
£310K11/200.68 mi1, Siskin Close, Bushey, Hertfordshire WD23 2HN2
£285K07/230.69 mi150, Norbury Avenue, Watford, Hertfordshire WD24 4PE2
£290K11/230.69 mi156, Norbury Avenue, Watford, Hertfordshire WD24 4PE2
£300K10/210.71 mi26a, Benskin Road, Watford, Hertfordshire WD18 0HW2
£390K04/210.76 mi41, Wellsfield, Bushey, Hertfordshire WD23 2NU2
£345K10/210.78 miFlat 9, Mulberry Lodge, Eastbury Road, Watford, Hertfordshire WD19 4PN2
£235K02/210.81 mi22a, Queens Avenue, Watford, Hertfordshire WD18 7NR2
£375K02/210.81 mi45, Mead Way, Bushey, Hertfordshire WD23 2DH2
£200K12/200.81 mi12, Church Road, Watford, Hertfordshire WD17 4PU2
£200K12/200.81 mi12, Church Road, Watford, Hertfordshire WD17 4PU2
£297K06/210.87 mi105a, Queens Avenue, Watford, Hertfordshire WD18 7NU2
£420K06/210.88 mi6, Woodgate Mews, Watford, Hertfordshire WD17 4PG2
£400K08/230.88 mi16, Woodgate Mews, Watford, Hertfordshire WD17 4PG2

Local Rents

55 rents from £1.3K/mo to £3.7K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,65003/250.05 mi-2
£1,95010/240.08 mi-2
£1,95003/250.08 mi-2
£1,95003/250.08 mi-2
£1,75010/240.08 mi-2
£3,20011/240.09 mi-2
£3,50011/240.09 mi-2
£2,45011/240.12 mi-2
£2,45001/250.12 mi-2
£2,20003/250.12 mi-2
£1,80010/240.13 mi-2
£1,80010/240.13 mi-2
£1,60003/250.14 mi-2
£2,80001/250.16 mi-2
£2,80001/250.16 mi-2
£3,00003/250.16 mi-2
£1,75002/240.18 mi-2
£1,75002/240.18 mi-2
£2,00003/250.2 mi-2
£1,50010/240.2 miMarket Street, Watford2
£1,59503/250.21 mi-2
£3,00010/240.21 mi-2
£1,60001/250.21 mi-2
£1,59502/250.21 mi-2
£3,50010/240.22 mi-2
£3,70010/240.22 mi-2
£1,85002/240.22 mi-2
£3,10001/250.22 mi-2
£3,10001/250.22 mi-2
£2,45002/250.22 mi-2
£1,59501/250.22 mi-2
£1,70010/240.23 miKings Close, WATFORD2
£2,50002/250.23 mi-2
£1,30001/250.24 mi-2
£2,70012/240.28 mi-2
£2,70012/240.28 mi-2
£1,65003/250.29 mi-2
£1,70003/250.3 mi-2
£1,75003/250.31 mi-2
£1,75002/250.33 mi-2
£1,75010/240.33 mi-2
£1,80003/250.34 mi-2
£1,69903/250.36 mi-2
£1,60003/250.37 mi-2
£1,75003/250.37 mi-2
£1,65001/250.37 mi-2
£1,35011/240.37 mi-2
£1,70010/240.37 miWhippendell Road, WATFORD2
£1,70001/250.37 mi-2
£3,00002/250.38 mi-2
£1,50010/240.39 miVicarage Road2
£1,90010/240.39 mi-2
£2,75001/250.39 mi-2
£2,59903/250.39 mi-2
£1,80010/240.41 miSt Pauls Way, WD242

Links

Local Area Statistics

Population in WD17

15,825

Population in Watford

117,094

Town centre distance

0.49 miles away

Nearest school

0.10 miles away

Nearest train station

0.25 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+32%

Sales demand

Balanced market

Capital growth (5yrs)

+10%

Property History

Listed for £290,000

May 21, 2021

Floor Plans

Description

  • Leasehold Term 157 years from 29/09/2005 +
  • Two Bedrooms +
  • Bathroom +
  • Kitchen +
  • Living Room +
  • Gated secure parking +
  • Lift servicing all floors +
  • Good decorative order +
  • Central Watford location +

Property Description

Ideal Investment or First Time Buy - Two Double Bedrooms -Bathroom, Fitted Kitchen with Integrated Appliances - Bright and Spacious Lounge and balcony

Agent Details

Chancellors, Northwood

01923 961739

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

Similar Properties

Like this property? Maybe you'll like these ones close by too.

Sold STC

2 Bed Flat, Single Let, Watford, WD17 2LQ

£325,000

1 views • 3 months ago • 66 m²

2 Bed Flat, Single Let, Watford, WD17 2LQ

£250,000

2 views • a month ago • 68 m²

2 Bed Flat, Single Let, Watford, WD17 2LQ

£250,000

3 views • 6 months ago • 68 m²

2 Bed Flat, Single Let, Watford, WD17 2LQ

£275,000

7 views • 7 months ago • 68 m²

dealsourcr
Deals
Deal SearchSaved SearchesSaved DealsAddress Lookup
Tools
Deal AnalyserRightmove LookupRefurb CalculatorNew Build CalculatorStamp Duty Calculator
Refer a friend. Get £140!My Account