2 Bed Flat, Single Let, Rickmansworth, WD3 8JQ, £300,000

Uxbridge Road, Rickmansworth, WD3 8JQ - 8 months ago

Leasehold

BTL

ROI: 2%

~57 m²

+7 photos

ValuationUndervalued

Sold Prices	£147.5K - £525K
Sold Prices/m²	£1.8K/m² - £9.3K/m²

Square Metres	~56.90 m²
Price/m²	£5.3K/m²
Value Estimate	£306,938£306,938
BMV	2%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£75,000£75,000
Stamp Duty & Legal Fees	£21,200£21,200
Total Cash In	£96,200£96,200

Cash Out
Rent Range	£1,350 - £1,750£1,350 - £1,750
Rent Estimate	£1,431
Running Costs/mo	£1,244£1,244
Cashflow/mo	£187£187
Cashflow/yr	£2,248£2,248
ROI	2%2%
Gross Yield	6%6%

Local Sold Prices

28 sold prices from £147.5K to £525K, average is £328K. £1.8K/m² to £9.3K/m², average is £5.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£320K	06/21	0.01 mi	Flat 17, Mill Stream Lodge, Uxbridge Road, Rickmansworth, Hertfordshire WD3 8JQ	-	-	2	Flat
£331.5K	12/22	0.09 mi	16, Colne Mead, Mill End, Rickmansworth, Hertfordshire WD3 8DX	-	-	2	Flat
£275K	07/23	0.09 mi	12, Colne Mead, Mill End, Rickmansworth, Hertfordshire WD3 8DX	-	-	2	Flat
£370K	01/23	0.14 mi	260a, Uxbridge Road, Mill End, Rickmansworth, Hertfordshire WD3 8EA	£5,000	74	2	Flat
£252.5K	11/22	0.17 mi	9, Barn Lea, Mill End, Rickmansworth, Hertfordshire WD3 8QZ	£5,195	49	2	Flat
£275K	08/21	0.18 mi	1, Fearney Mead, Mill End, Rickmansworth, Hertfordshire WD3 8QF	£3,924	70	2	Flat
£330K	12/23	0.19 mi	30, The Willows, Mill End, Rickmansworth, Hertfordshire WD3 8YY	£5,593	59	2	Flat
£327.5K	04/21	0.22 mi	Flat 29, Vine Tree Court, St Peters Close, Mill End, Rickmansworth, Hertfordshire WD3 8QY	-	-	2	Flat
£317.5K	02/23	0.22 mi	Flat 11, Vine Tree Court, St Peters Close, Mill End, Rickmansworth, Hertfordshire WD3 8QY	-	-	2	Flat
£328K	04/21	0.22 mi	Flat 22, Vine Tree Court, St Peters Close, Mill End, Rickmansworth, Hertfordshire WD3 8QY	£6,560	50	2	Flat
£294K	12/22	0.22 mi	Flat 10, Vine Tree Court, St Peters Close, Mill End, Rickmansworth, Hertfordshire WD3 8QY	-	-	2	Flat
£147.5K	03/21	0.23 mi	72a, Church Lane, Mill End, Rickmansworth, Hertfordshire WD3 8HE	£1,756	84	2	Flat
£328K	09/21	0.23 mi	Flat 4, St. Johns Court, Berry Lane, Rickmansworth, Hertfordshire WD3 7HU	-	-	2	Flat
£360K	04/21	0.23 mi	Flat 3, St. Johns Court, Berry Lane, Rickmansworth, Hertfordshire WD3 7HU	-	-	2	Flat
£345K	12/22	0.23 mi	Flat 5, St. Johns Court, Berry Lane, Rickmansworth, Hertfordshire WD3 7HU	-	-	2	Flat
£315K	02/21	0.26 mi	Flat 12, Willow Court, Springwell Lane, Rickmansworth, Greater London WD3 8UZ	-	-	2	Flat
£335K	11/20	0.44 mi	46, West Way, Rickmansworth, Hertfordshire WD3 7EN	£5,678	59	2	Flat
£282.5K	11/23	0.46 mi	29, Thompson Way, Rickmansworth, Hertfordshire WD3 8GP	£5,650	50	2	Flat
£300K	12/22	0.46 mi	16, Thompson Way, Rickmansworth, Hertfordshire WD3 8GP	-	-	2	Flat
£340K	04/21	0.47 mi	Flat 8, Willow Court, Springwell Lane, Rickmansworth, Greater London WD3 8UZ	-	-	2	Flat
£330K	06/23	0.47 mi	Flat 6, Willow Court, Springwell Lane, Rickmansworth, Greater London WD3 8UZ	-	-	2	Flat
£525K	02/21	0.72 mi	10a, Nightingale Road, Rickmansworth, Hertfordshire WD3 7DF	£5,769	91	2	Flat
£465K	06/23	0.83 mi	1, Rectory Road, Rickmansworth, Hertfordshire WD3 1FH	£9,300	50	2	Flat
£390K	10/20	0.87 mi	Flat 4, Chiltern Rise, Rectory Road, Rickmansworth, Hertfordshire WD3 1GD	-	-	2	Flat
£386.5K	11/22	0.98 mi	39, Bury Meadows, Rickmansworth, Hertfordshire WD3 1DR	£5,651	68	2	Flat
£325K	01/21	0.98 mi	30, Bury Meadows, Rickmansworth, Hertfordshire WD3 1DR	£4,851	67	2	Flat
£325K	09/23	0.98 mi	22, Bury Meadows, Rickmansworth, Hertfordshire WD3 1DR	£4,788	68	2	Flat
£350K	05/21	0.98 mi	27, Bury Meadows, Rickmansworth, Hertfordshire WD3 1DR	£4,720	74	2	Flat

Local Rents

14 rents from £1.4K/mo to £1.8K/mo, average is £1.5K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,750	10/24	0.11 mi	Uxbridge Road, Rickmansworth	2	Flat
£1,500	10/24	0.15 mi	Uxbridge Road, Mill End, Rickmansworth, Hertfordshire, WD3 8EA	2	Flat
£1,350	03/25	0.18 mi	-	2	Flat
£1,500	10/24	0.19 mi	The Willows, Rickmansworth, WD3	2	Flat
£1,550	03/25	0.27 mi	-	2	Flat
£1,500	11/24	0.4 mi	-	2	Flat
£1,450	03/25	0.4 mi	-	2	Flat
£1,400	10/24	0.4 mi	Williamson Way Rickmansworth WD3	2	Flat
£1,550	03/25	0.48 mi	-	2	Flat
£1,450	02/25	0.49 mi	-	2	Flat
£1,525	10/24	0.5 mi	The Greenway, Rickmansworth	2	Flat
£1,500	03/25	0.5 mi	-	2	Flat
£1,475	10/24	0.5 mi	Ridge House, Springwell Lane, Rickmansworth, Hertfordshire, WD3 8UE	2	Flat
£1,550	10/24	0.51 mi	Thellusson Way, Penn Heights, Rickmansworth	2	Terraced House

Local Area Statistics

Population in WD3	40,83140,831
Population in Rickmansworth	40,83240,832
Town centre distance	0.67 miles away0.67 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.97 miles away0.97 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+1%+1%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+6%+6%

Property History

Price changed to £300,000

January 23, 2025

Listed for £310,000

July 30, 2024

Floor Plans

Description

CHAIN FREE +
LIVING ROOM +
KITCHEN/DINING ROOM +
TWO BEDROOMS +
BATHROOM SUITE +
AMPLE STORAGE +
ALLOCATED PARKING SPACE +
VISITORS PARKING BAYS +
STUNNING COMMUNAL GROUNDS +

A TWO BEDROOM GROUND FLOOR APARTMENT in this scenic waterside development, with stunning views overlooking the River Colne.

There is a good-sized living room, spacious modern fitted kitchen with convenient breakfast area, two double bedrooms and a modern bathroom.

The communal grounds are beautifully maintained and offer stunning views of the gardens and the River Colne. There is one parking space as well as visitor permits available.

The property is positioned in the most sought-after area being just a mile from Rickmansworth Town Centre and Metropolitan/Chiltern Line Station. Junctions 17 and 18 of the M25 are also a short drive away.

Agent Details

Trend & Thomas, Rickmansworth

01923 961920

Next Steps?

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

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