3 Bed Flat, Single Let, Bushey, WD23 3BG, £275,000

Little Grove, Bushey, Hertfordshire, WD23 3BG - 2 views - 8 months ago

Sold STC
Leasehold
Auction
BTL
ROI: 10%
~75 m²
+16 photos

ValuationUndervalued

Sold Prices£190K - £925K
Sold Prices/m²£2.6K/m² - £8K/m²

 

 

Square Metres

~75 m²
Price/m²£3.7K/m²

Value Estimate

£315,549
BMV15%

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

£1,795 - £4,800

Rent Estimate

£1,895

Running Costs/mo

£1,258

Cashflow/mo

£637

Cashflow/yr

£7,640

ROI

10%

Gross Yield

8%

Local Sold Prices

29 sold prices from £190K to £925K, average is £387.5K. £2.6K/m² to £8K/m², average is £4.2K/m².

PriceDateDistanceAddressBeds 
£300K04/230 mi66, Little Grove, Bushey, Hertfordshire WD23 3BG3
£300K03/230 mi72, Little Grove, Bushey, Hertfordshire WD23 3BG3
£259.9K05/230 mi54, Little Grove, Bushey, Hertfordshire WD23 3BG3
£545K01/240.15 mi6, Little Martins, Bushey, Hertfordshire WD23 3BN3
£550K03/210.53 miFlat 15, Windsor House, King Edward Place, Bushey, Hertfordshire WD23 2RH3
£387K07/230.95 mi2, Linnet Close, Bushey, Hertfordshire WD23 1AX3
£422.5K12/200.99 mi224, Merry Hill Road, Bushey, Hertfordshire WD23 1AS3
£345K10/231 mi13, Swallow Close, Bushey, Hertfordshire WD23 1AU3
£320K03/231.2 mi23, Millbrook Road, Bushey, Hertfordshire WD23 2BU3
£427.5K06/211.23 mi4, Howton Place, Bushey Heath, Bushey, Hertfordshire WD23 1HX3
£673K09/231.3 miFlat 4, White Oaks, The Rutts, Bushey Heath, Bushey, Hertfordshire WD23 1LH3
£387.5K06/231.75 miFlat 7, Andrew Reed Court, Keele Close, Watford, Hertfordshire WD24 4RU3
£420K06/211.75 miFlat 17, Andrew Reed Court, Keele Close, Watford, Hertfordshire WD24 4RU3
£375K02/231.93 mi6a, Monmouth Road, Watford, Hertfordshire WD17 1QN3
£570K04/232.08 miFlat 27, Casel Court, Brightwen Grove, Stanmore, Greater London HA7 4ZB3
£335K12/232.21 mi26b, Benskin Road, Watford, Hertfordshire WD18 0HW3
£478K01/232.29 mi13, Butterwick, Watford, Hertfordshire WD25 9SD3
£415K05/212.32 mi20, Springfield Close, Stanmore, Greater London HA7 3DE3
£198K03/212.46 mi448a, St Albans Road, Watford, Hertfordshire WD24 6PJ3
£190K12/202.55 mi42, Little Oxhey Lane, Watford, Hertfordshire WD19 6FR3
£285K03/212.59 mi83a, Tolpits Lane, Watford, Hertfordshire WD18 6NT3
£850K03/212.75 mi4, Darnhills, Radlett, Hertfordshire WD7 8LQ3
£850K03/212.75 mi4, Darnhills, Radlett, Hertfordshire WD7 8LQ3
£825K04/232.75 mi15, Darnhills, Radlett, Hertfordshire WD7 8LQ3
£925K05/222.75 mi4, Darnhills, Radlett, Hertfordshire WD7 8LQ3
£415K06/212.77 miFlat 38, Rockwell Court, The Gateway, Watford, Hertfordshire WD18 7HQ3
£375K01/212.8 miFlat 34, Omega Court, The Gateway, Watford, Hertfordshire WD18 7HG3
£375K11/212.84 mi5, Craigmount, Radlett, Hertfordshire WD7 7LW3
£365K06/212.98 mi34, Bromet Close, Watford, Hertfordshire WD17 4LP3

Local Rents

25 rents from £1.8K/mo to £4.8K/mo, average is £2.4K/mo.

RentDateDistanceAddressBeds 
£2,00002/250.03 mi-3
£1,79512/240.06 mi-3
£1,80012/240.42 mi-3
£2,25010/240.47 miHerkomer Road, Bushey, WD233
£1,89501/250.65 mi-3
£2,00010/240.83 miBUSHEY , Highland Drive3
£2,35010/240.89 mi-3
£2,40010/240.96 miSparrows Wick, Sparrows Herne, Bushey, Hertfordshire, WD233
£1,97504/250.99 mi-3
£2,40010/241.03 miSparrows Wick, Sparrows Herne, Bushey, Hertfordshire, WD233
£2,40010/241.03 miSparrows Wick, Bushey, WD233
£2,40010/241.03 mi-3
£2,40010/241.03 miSparrows Herne, Bushey, WD233
£1,80010/241.05 miBushey Hall Road, BUSHEY3
£2,00010/241.06 miSparrows Herne, Bushey3
£3,79510/241.06 mi-3
£4,80011/241.12 mi-3
£4,80003/251.12 mi-3
£2,80004/251.15 mi-3
£2,90004/251.15 mi-3
£4,00004/251.19 mi-3
£2,50001/251.2 mi-3
£2,50001/251.2 mi-3
£2,30010/241.23 mi-3
£2,00004/251.23 mi-3

Local Area Statistics

Population in WD23

25,296

Population in Bushey

25,302

Town centre distance

0.17 miles away

Nearest school

0.20 miles away

Nearest train station

1.30 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+46%

Sales demand

Balanced market

Capital growth (5yrs)

-2%

Property History

Listed for £275,000

August 14, 2024

Sold for £164,950

2001

Sold for £95,000

2001

Floor Plans

Description

  • Chain Free +
  • 3 Bedrooms +
  • £275,000 +
  • EPC - C +
  • Council Tax Band - C +
  • 807 Sq.ft +
  • Double Glazing +
  • Perfect For FTB & Investors +
  • Within Approx. Quarter Mile Of Bushey Village +
  • Gas Fired Central Heating +

Nestled in the highly desirable cul-de-sac of Little Grove, this spacious three-bedroom flat offers size, convenience and lots of natural light.

Located on the 1st floor in a secure 3 storey block, this flat is ideal for both first-time buyers and investors.

Although you can move in immediately, there is an opportunity here to add your personal touch, some additional value, all to help you create your magical dream home.

With easy access to Bushey Village, local shops, many other amenities, you will find Bushey Mainline Station is also within easy reach.

We don't expect this property to be on the market for long, so please contact our Office to book a viewing.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.

3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.

4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT.
THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS.
NEITHER THE LIME GROUP/LIME AUCTION HOUSE LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

The Lime Group, London

020 3834 8116

Next Steps?

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