dealsourcr

2 Bed Flat, Single Let, Watford, WD17 2PJ, £275,000

164 St. Albans Road, Watford, Hertfordshire, WD24 4A - 8 months ago

Sold STC
Leasehold
BTL
ROI: 4%
~68 m²
+3 photos

ValuationUndervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£4K/m²

Value Estimate

£339,303
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£68,750

Stamp Duty & Legal Fees

£10,700

Total Cash In

£79,450

 

 

Cash Out

 

Rent Range

£1,300 - £3,700

Rent Estimate

£1,431

Running Costs/mo

£1,166

Cashflow/mo

£265

Cashflow/yr

£3,185

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £150K to £435K, average is £292.8K. £3.5K/m² to £6.8K/m², average is £5.2K/m².

PriceDateDistanceAddressBeds 
£280K11/210.1 mi6b, Grosvenor Road, Watford, Hertfordshire WD17 2QT2
£272K06/210.12 mi84b, Gladstone Road, Watford, Hertfordshire WD17 2RB2
£315K06/230.12 mi58, Gladstone Road, Watford, Hertfordshire WD17 2RB2
£259K01/210.14 mi6a, Queens Place, Watford, Hertfordshire WD17 2RD2
£239K06/210.14 mi5, Queens Place, Watford, Hertfordshire WD17 2RD2
£315K01/240.32 mi36, Water Lane, Watford, Hertfordshire WD17 2NH2
£435K04/210.36 mi35, St Johns Road, Watford, Hertfordshire WD17 1QB2
£280K11/230.39 miFlat 21, Kennett Court, Whippendell Road, Watford, Hertfordshire WD18 7LT2
£257.5K02/240.42 miAlexandra Court, Flat 22, Aston Close, Watford, Hertfordshire WD24 4RS2
£337.5K09/200.42 miFlat 42, Alexandra Court, Keele Close, Watford, Hertfordshire WD24 4RT2
£309K01/210.42 miFlat 19, Alexandra Court, Aston Close, Watford, Hertfordshire WD24 4RS2
£333.5K02/210.42 miFlat 44, Alexandra Court, Keele Close, Watford, Hertfordshire WD24 4RT2
£337.5K09/200.42 miFlat 42, Alexandra Court, Keele Close, Watford, Hertfordshire WD24 4RT2
£280K02/230.43 miFlat 8, Roedean House, Exeter Close, Watford, Hertfordshire WD24 4BN2
£292.5K11/230.44 miFlat 9, Andrew Reed Court, Keele Close, Watford, Hertfordshire WD24 4RU2
£325K05/210.44 miFlat 21, Elizabeth House, Exeter Close, Watford, Hertfordshire WD24 4RE2
£270K10/220.45 miFlat 17, Badminton House, Anglian Close, Watford, Hertfordshire WD24 4RG2
£300K10/200.46 miFlat 8, Lancing House, Hallam Close, Watford, Hertfordshire WD24 4RL2
£275K06/210.47 miFlat 5, Canterbury House, Anglian Close, Watford, Hertfordshire WD24 4RH2
£275K06/210.48 miFlat 13, Westminster House, Hallam Close, Watford, Hertfordshire WD24 4RJ2
£408K02/230.49 mi4b, Essex Road, Watford, Hertfordshire WD17 4EP2
£270K11/220.49 miFlat 4, Wellington House, Exeter Close, Watford, Hertfordshire WD24 4BP2
£285K10/210.49 miFlat 12, Cheltenham House, Exeter Close, Watford, Hertfordshire WD24 4BL2
£310K12/200.49 mi17a, Essex Road, Watford, Hertfordshire WD17 4EL2
£350K01/230.5 mi3, Bushey Grove Road, Bushey, Hertfordshire WD23 2JY2
£290K06/210.52 miFlat 29, Lambert Court, Bushey Grove Road, Bushey, Hertfordshire WD23 2HF2
£285K03/210.52 miFlat 28, Lambert Court, Bushey Grove Road, Bushey, Hertfordshire WD23 2HF2
£260K02/210.52 miFlat 42, Lambert Court, Bushey Grove Road, Bushey, Hertfordshire WD23 2HF2
£150K05/230.52 miFlat 30, Lambert Court, Bushey Grove Road, Bushey, Hertfordshire WD23 2HF2
£300K11/220.52 mi70b, St James Road, Watford, Hertfordshire WD18 0DX2
£315.5K09/230.53 mi19, Farthing Close, Watford, Hertfordshire WD18 0BT2
£268K04/230.53 mi36, Farthing Close, Watford, Hertfordshire WD18 0BT2
£355K11/210.59 mi103, Walton Road, Bushey, Hertfordshire WD23 2FE2
£200K02/240.6 miMalden Lodge, Flat 9, Alexandra Road, Watford, Hertfordshire WD17 4BS2
£273K10/220.6 mi92, Norbury Avenue, Watford, Hertfordshire WD24 4PD2
£285K07/230.62 mi150, Norbury Avenue, Watford, Hertfordshire WD24 4PE2
£290K11/230.62 mi156, Norbury Avenue, Watford, Hertfordshire WD24 4PE2
£377.5K12/220.62 mi34a, Hempstead Road, Watford, Hertfordshire WD17 4ER2
£337.5K07/230.62 mi74c, Bushey Hall Road, Bushey, Hertfordshire WD23 2EQ2
£250K09/200.63 miFlat 2, Rose Court, Hamilton Street, Watford, Hertfordshire WD18 0GF2
£310K11/200.7 mi1, Siskin Close, Bushey, Hertfordshire WD23 2HN2
£305K11/230.71 mi14, Christie Court, Watford, Hertfordshire WD18 0LA2
£293K06/210.71 mi8, Christie Court, Watford, Hertfordshire WD18 0LA2
£200K12/200.74 mi12, Church Road, Watford, Hertfordshire WD17 4PU2
£200K12/200.74 mi12, Church Road, Watford, Hertfordshire WD17 4PU2
£300K10/210.75 mi26a, Benskin Road, Watford, Hertfordshire WD18 0HW2
£375K02/210.77 mi45, Mead Way, Bushey, Hertfordshire WD23 2DH2
£390K04/210.82 mi41, Wellsfield, Bushey, Hertfordshire WD23 2NU2
£420K06/210.82 mi6, Woodgate Mews, Watford, Hertfordshire WD17 4PG2
£400K08/230.82 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 
£1,75010/240 mi-2
£1,95010/240 mi-2
£1,95003/250 mi-2
£1,95002/250 mi-2
£3,20011/240.03 mi-2
£3,50011/240.03 mi-2
£1,65003/250.03 mi-2
£1,80010/240.06 mi-2
£1,80010/240.06 mi-2
£1,60003/250.07 mi-2
£2,45011/240.07 mi-2
£2,45001/250.07 mi-2
£2,20003/250.07 mi-2
£1,75002/240.11 mi-2
£1,75002/240.11 mi-2
£1,59501/250.15 mi-2
£3,00010/240.16 mi-2
£1,60001/250.16 mi-2
£2,45002/250.17 mi-2
£1,30001/250.17 mi-2
£2,05003/250.18 mi-2
£2,80001/250.18 mi-2
£2,80001/250.18 mi-2
£3,00003/250.18 mi-2
£2,50002/250.18 mi-2
£2,70012/240.2 mi-2
£2,70012/240.2 mi-2
£1,50010/240.24 miMarket Street, Watford2
£1,75010/240.26 mi-2
£1,80003/250.27 mi-2
£1,59502/250.29 mi-2
£1,59502/250.29 mi-2
£1,75003/250.29 mi-2
£3,50010/240.3 mi-2
£3,70010/240.3 mi-2
£1,85002/240.3 mi-2
£3,10001/250.3 mi-2
£3,10001/250.3 mi-2
£1,69903/250.3 mi-2
£1,70010/240.3 miKings Close, WATFORD2
£1,70001/250.31 mi-2
£2,59903/250.32 mi-2
£1,80010/240.34 miSt Pauls Way, WD242
£2,60011/240.35 mi-2
£2,65001/250.35 mi-2
£2,55003/250.35 mi-2
£1,35011/240.35 mi-2
£1,80010/240.36 mi-2
£1,65002/250.37 mi-2
£1,49510/240.38 miElizabeth House, Exeter Close, Watford, Hertfordshire, WD242
£1,75002/250.38 mi-2
£1,60003/250.38 mi-2
£1,75003/250.39 mi-2
£1,70010/240.39 miWhippendell Road, WATFORD2
£1,65001/250.4 mi-2

Links

Local Area Statistics

Population in WD17

15,825

Population in Watford

117,094

Town centre distance

0.43 miles away

Nearest school

0.10 miles away

Nearest train station

0.33 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+32%

Sales demand

Balanced market

Capital growth (5yrs)

+10%

Property History

Listed for £275,000

July 19, 2024

Floor Plans

Description

  • NO CHAIN +
  • Private Underground Parking +
  • Two Double Bedrooms +
  • Two Bathrooms +
  • Private Balcony +
  • Short Walk To Watford Town Center +
  • (0.6 mi) To Watford Junction Station +
  • Long Lease Remaining +

Two double bedroom apartment with en-suite to master and separate bathroom. Conveniently located in central Watford, close to amenities, Watford Junction station, M1 & M25 links, shopping centre and local schools. The flat benefits from: contemporary kitchen, balcony off lounge/diner, allocated underground parking. Please contact us today to arrange your viewing!

Wd17 2Pj -

Directions: - upon leaving Coopers turn left onto St Albans Road, A412. Branch left, then at roundabout take the 1st exit onto A411 (signposted: Town Centre, Bushey, M1). At Watford Town Centre Gyratory continue forward (one-way) (signposted: Bushey, Ring Road). Turn left onto Loates Lane (signposted Watford Junction Station, Radlett Road). Turn right onto Lord Street. Turn left onto Queens' Road. Continue forward onto The Broadway. Turn left onto Loates Lane.

Viewings: - By appointment with Agent
COOPERS ESTATE AGENTS
on

Agent Details

Coopers Estate Agents, Watford

01923 961182

Next Steps?

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

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