8 Bed Detached House, Planning Permission, Watford, WD19 4NF, £2,250,000

15 Nancy Downs, Watford, Hertfordshire, WD19 4NF - a year ago

Planning
164 m²

ValuationOvervalued

Sold Prices£475K - £1.2M
Sold Prices/m²£3.6K/m² - £8.9K/m²

 

 

Square Metres

164 m²
Price/m²£13.7K/m²

Value Estimate

£876,619

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£562,500

Stamp Duty & Legal Fees

£264,950

Total Cash In

£827,450

 

 

Cash Out

 

Rent Range

£1,700 - £4,750

Rent Estimate

£1,700

Running Costs/mo

£7,391

Cashflow/mo

£-5,691

Cashflow/yr

£-68,295

Gross Yield

1%

Local Sold Prices

50 sold prices from £475K to £1.2M, average is £716.5K. £3.6K/m² to £8.9K/m², average is £5.3K/m².

PriceDateDistanceAddressBeds 
£1.2M06/210.07 mi7a, Nancy Downs, Watford, Hertfordshire WD19 4NF4
£813.2K09/210.17 mi6, Meadowbank, Watford, Hertfordshire WD19 4NP4
£705K09/200.17 mi21, Meadowbank, Watford, Hertfordshire WD19 4NP4
£750K02/210.17 mi1a, Meadowbank, Watford, Hertfordshire WD19 4NP4
£950K03/210.17 mi40, Oxhey Road, Watford, Hertfordshire WD19 4QQ4
£932.5K04/210.19 mi53, Oxhey Road, Watford, Hertfordshire WD19 4QG4
£1.0M07/230.21 mi14, Woodwaye, Watford, Hertfordshire WD19 4NW4
£785K05/210.22 mi29, Brookdene Avenue, Watford, Hertfordshire WD19 4LG4
£560K01/210.22 mi1, The Pastures, Watford, Hertfordshire WD19 4RT4
£750K04/210.25 mi52, Brookdene Avenue, Watford, Hertfordshire WD19 4LF4
£800K07/230.25 mi54, Brookdene Avenue, Watford, Hertfordshire WD19 4LF4
£1.2M05/220.27 mi34a, Watford Heath, Watford, Hertfordshire WD19 4EU4
£635K03/210.28 mi180, Oaklands Avenue, Watford, Hertfordshire WD19 4LQ4
£708K03/210.28 mi140, Oaklands Avenue, Watford, Hertfordshire WD19 4LQ4
£915K09/230.28 mi170, Oaklands Avenue, Watford, Hertfordshire WD19 4LQ4
£900K03/210.3 mi46, Kingsfield Road, Watford, Hertfordshire WD19 4TR4
£735K09/200.31 mi51, Oxhey Avenue, Watford, Hertfordshire WD19 4HB4
£800K04/210.32 mi148, Oxhey Avenue, Watford, Hertfordshire WD19 4HA4
£735K07/230.32 mi100, Oxhey Avenue, Watford, Hertfordshire WD19 4HA4
£685K11/230.35 mi6, Oakview Close, Watford, Hertfordshire WD19 4RA4
£695K03/230.35 mi4, Oakview Close, Watford, Hertfordshire WD19 4RA4
£640K03/210.37 mi135, Oaklands Avenue, Watford, Hertfordshire WD19 4TN4
£700K04/210.37 miPark End, Deacons Hill, Watford, Hertfordshire WD19 4HN4
£760K07/210.4 mi3, The Coppice, Watford, Hertfordshire WD19 4HR4
£475K08/230.46 mi24, The Hoe, Watford, Hertfordshire WD19 5AY4
£915K08/220.47 mi7, Bucks Avenue, Watford, Hertfordshire WD19 4AR4
£820K07/210.48 mi96, Hillcroft Crescent, Watford, Hertfordshire WD19 4NZ4
£660K06/210.48 mi15, Oaklands Avenue, Watford, Hertfordshire WD19 4LN4
£650K11/200.49 mi1, Firbank Drive, Watford, Hertfordshire WD19 4EL4
£725K08/210.5 mi90, Oaklands Avenue, Watford, Hertfordshire WD19 4LW4
£882.5K08/230.5 mi50, Oaklands Avenue, Watford, Hertfordshire WD19 4LW4
£660K03/230.5 mi21, Elm Avenue, Watford, Hertfordshire WD19 4BD4
£830K03/230.56 mi43, Hillcroft Crescent, Watford, Hertfordshire WD19 4PB4
£735K06/210.59 mi46, Hillcroft Crescent, Watford, Hertfordshire WD19 4NY4
£625K11/200.59 mi103, Hampermill Lane, Watford, Hertfordshire WD19 4NX4
£610K10/210.6 mi40, Margeholes, Watford, Hertfordshire WD19 5AR4
£627K06/210.6 mi60, On The Hill, Watford, Hertfordshire WD19 5DR4
£520K06/230.6 mi80, Margeholes, Watford, Hertfordshire WD19 5AR4
£555K02/230.62 mi84, Fulford Grove, Watford, Hertfordshire WD19 7QG4
£693K12/220.63 mi25, Alva Way, Watford, Hertfordshire WD19 5EE4
£485K04/210.63 mi32, Hayling Road, Watford, Hertfordshire WD19 7BW4
£560K03/210.63 mi29, Alva Way, Watford, Hertfordshire WD19 5EE4
£835K11/200.63 mi87, Upper Paddock Road, Watford, Hertfordshire WD19 4GY4
£530K03/240.65 mi10, Upper Hitch, Watford, Hertfordshire WD19 5AW4
£505K06/210.65 mi8, Upper Hitch, Watford, Hertfordshire WD19 5AW4
£735K03/230.65 mi18, Upper Hitch, Watford, Hertfordshire WD19 5AW4
£625K04/210.68 mi8, Warneford Place, Watford, Hertfordshire WD19 4DP4
£575K12/200.68 mi135, Greenfield Avenue, Watford, Hertfordshire WD19 5DG4
£575K12/220.69 mi136, Fulford Grove, Watford, Hertfordshire WD19 7QL4
£730.5K12/200.7 mi40, King Edward Road, Watford, Hertfordshire WD19 4DW4

Local Rents

13 rents from £1.7K/mo to £4.8K/mo, average is £3K/mo.

RentDateDistanceAddressBeds 
£4,75002/240.24 mi-6
£3,10010/240.24 mi-4
£3,10010/240.24 miGreen Lane, Watford, WD194
£2,05011/240.27 mi-3
£3,95010/240.36 miPinner Road, Watford, WD195
£1,70010/240.41 miGrover Road, WATFORD3
£1,80003/250.45 mi-3
£2,50010/240.48 miOaklands Avenue3
£2,30010/240.53 mi-3
£2,80011/240.58 mi-3
£3,02503/250.6 mi-3
£3,02503/250.6 mi-3
£2,99511/240.62 mi-4

Local Area Statistics

Population in WD19

27,274

Population in Watford

117,094

Town centre distance

1.65 miles away

Nearest school

0.20 miles away

Nearest train station

0.54 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+11%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Price changed to £2,250,000

January 24, 2025

Listed for £2,350,000

November 8, 2023

Sold for £410,000

1999

Floor Plans

Description

  • PLANNING PERMISSION to build up to 12,000 sqft +
  • One of Watfords most Prestigeous private roads +
  • Can be refurbished or developed +
  • Garage to house 6 cars +
  • 0.8 miles to Bushey Station +
  • 20 minutes to Euston Station from Bushey +
  • 10 minutes to M1 junction 5 +
  • CGI photo +

Property Description

PP GRANTED FOR THIS EXCLUSIVE DEVELOPMENT OPPORTUNITY ON THE SOUGHT AFTER PRIVATE ROAD OF NANCY DOWNS. A 12,000 sq ft RESIDENCE

Property Details

Schools:
There are some fantastic schools servicing the local area including Merchant Taylors School For Boys, St Helens School For Girls, Watford Grammar School For Girls and Bromet Primary School.
Set on this secluded private road in Watford lies this plot with the benefit of planning permission for a large dwelling circa 12,000 Square foot.
Travel:
Watford is served by two major motorways, M25 and the M1 both only a short drive away. There are several train stations with with Carpenders Park, Bushey, Watford High Street and Watford Junction all close by with their links to London and the North.
Shopping:
Intu Watford shopping centre and its multi storey car parking are close by along with the smaller high street chains and independents. Several large chain supermarkets including Tesco 24hour, Asda and Sainsburys are all very close at hand.
Video Viewings:
If proceeding without a physical viewing please note that you must make all necessary additional investigations to satisfy yourself that all requirements you have of the property will be met. Video content and other marketing materials shown are believed to fairly represent the property at the time they were created.

Agent Details

Chancellors, Northwood

01923 961739

Next Steps?

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