3 Bed Detached House, Single Let, Watford, WD25 7JQ, £850,000

260 Horseshoe Lane, Watford, Hertfordshire, WD25 7JQ - 2 views - 7 months ago

BTL
~158 m²
+24 photos

ValuationUndervalued

Sold Prices£370K - £790K
Sold Prices/m²£3.9K/m² - £10.7K/m²

 

 

Square Metres

~157.60 m²
Price/m²£5.4K/m²

Value Estimate

£927,059
BMV9%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£212,500

Stamp Duty & Legal Fees

£56,700

Total Cash In

£269,200

 

 

Cash Out

 

Rent Range

£1,600 - £2,950

Rent Estimate

£1,000

Running Costs/mo

£2,876

Cashflow/mo

£-1,876

Cashflow/yr

£-22,515

Gross Yield

1%

Local Sold Prices

50 sold prices from £370K to £790K, average is £495K. £3.9K/m² to £10.7K/m², average is £5.8K/m².

PriceDateDistanceAddressBeds 
£790K08/230.05 miThe Nook, Woodside Road, Watford, Hertfordshire WD25 0LB3
£575K03/210.05 mi1, Orchard Avenue, Watford, Hertfordshire WD25 7JG3
£590K06/210.08 mi258, Horseshoe Lane, Watford, Hertfordshire WD25 7JQ3
£495K12/200.08 mi252, Horseshoe Lane, Watford, Hertfordshire WD25 7JQ3
£550K04/230.1 mi241, Horseshoe Lane, Watford, Hertfordshire WD25 7JE3
£560K03/230.1 mi69, Orchard Avenue, Watford, Hertfordshire WD25 7JG3
£525K02/240.1 mi42, Orchard Avenue, Watford, Hertfordshire WD25 7JG3
£585K03/240.1 mi65, Orchard Avenue, Watford, Hertfordshire WD25 7JG3
£515K06/230.1 mi39, Orchard Avenue, Watford, Hertfordshire WD25 7JG3
£565K03/210.12 mi4, Balmoral Road, Abbots Langley, Hertfordshire WD5 0ST3
£495K12/200.13 mi1, Balmoral Road, Abbots Langley, Hertfordshire WD5 0ST3
£466K03/210.14 mi59, Harlech Road, Abbots Langley, Hertfordshire WD5 0BE3
£422.5K06/210.14 mi13, Blackthorn Close, Watford, Hertfordshire WD25 7EL3
£380K01/210.15 mi50, Blackthorn Close, Watford, Hertfordshire WD25 7EL3
£655K10/220.15 mi2, Arundel Road, Abbots Langley, Hertfordshire WD5 0TP3
£480K11/200.16 mi10, Louvain Way, Watford, Hertfordshire WD25 7EJ3
£500K10/200.17 mi28, Arundel Road, Abbots Langley, Hertfordshire WD5 0TP3
£500K10/200.17 mi28, Arundel Road, Abbots Langley, Hertfordshire WD5 0TP3
£585K08/230.17 mi12, Arundel Road, Abbots Langley, Hertfordshire WD5 0TP3
£400K02/210.22 mi20, Weall Green, Watford, Hertfordshire WD25 7EN3
£620K04/230.23 mi34, Hare Crescent, Watford, Hertfordshire WD25 7EE3
£507K11/200.23 mi43, Hare Crescent, Watford, Hertfordshire WD25 7EE3
£541K08/230.23 mi300, High Road, Leavesden, Watford, Hertfordshire WD25 7EB3
£493K11/220.23 mi201, Horseshoe Lane, Watford, Hertfordshire WD25 7JB3
£387K01/210.25 mi13, Poplars Close, Watford, Hertfordshire WD25 7EW3
£430K07/210.25 mi32, Poplars Close, Watford, Hertfordshire WD25 7EW3
£680K02/230.26 mi258, High Road, Leavesden, Watford, Hertfordshire WD25 7EB3
£370K02/210.27 mi26, Stud Green, Watford, Hertfordshire WD25 7EU3
£590K06/220.27 mi51, Mallard Road, Abbots Langley, Hertfordshire WD5 0GF3
£460K06/210.29 mi4, Stud Green, Watford, Hertfordshire WD25 7EU3
£485K11/220.31 mi122, Newhouse Crescent, Watford, Hertfordshire WD25 7HY3
£510K07/220.32 mi15, Lapwing Way, Abbots Langley, Hertfordshire WD5 0GG3
£465K03/230.32 mi46, Tanners Hill, Abbots Langley, Hertfordshire WD5 0LT3
£480K04/210.32 mi29, Tanners Hill, Abbots Langley, Hertfordshire WD5 0LT3
£460K10/220.34 mi29, Cobb Green, Watford, Hertfordshire WD25 7HZ3
£412.5K01/230.34 mi13, College Road, Abbots Langley, Hertfordshire WD5 0NR3
£445K12/230.34 mi9, College Road, Abbots Langley, Hertfordshire WD5 0NR3
£505K09/210.34 mi6, Shackleton Way, Abbots Langley, Hertfordshire WD5 0TJ3
£410K01/210.34 mi71, Ganders Ash, Watford, Hertfordshire WD25 7EX3
£545K09/230.34 mi90, Ganders Ash, Watford, Hertfordshire WD25 7EX3
£470K08/230.34 mi63, Ganders Ash, Watford, Hertfordshire WD25 7EX3
£735K11/200.35 mi4, The Shires, Garston, Watford, Hertfordshire WD25 0JL3
£600K04/230.35 mi4, Shackleton Way, Abbots Langley, Hertfordshire WD5 0TJ3
£450K12/230.35 mi27, Hope Green, Watford, Hertfordshire WD25 7HQ3
£500K11/220.35 mi20, Hope Green, Watford, Hertfordshire WD25 7HQ3
£450K04/210.36 mi8, Abbey Drive, Abbots Langley, Hertfordshire WD5 0TL3
£440K06/210.36 mi14, Abbey Drive, Abbots Langley, Hertfordshire WD5 0TL3
£475K10/200.37 mi12, Abbey Drive, Abbots Langley, Hertfordshire WD5 0TL3
£462K12/200.38 mi3, Langley Lane, Abbots Langley, Hertfordshire WD5 0LS3
£370K06/210.39 mi89, Jacketts Field, Abbots Langley, Hertfordshire WD5 0EN3

Local Rents

23 rents from £1.6K/mo to £3K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,80010/240.27 mi-3
£1,95003/250.28 mi-3
£2,69502/250.29 mi-3
£1,80002/240.3 mi-3
£2,00002/240.33 mi-3
£2,00010/240.33 mi-3
£1,60010/240.39 miBoundary Way, Watford3
£1,80009/240.43 mi-3
£1,95003/250.63 mi-3
£1,95003/250.63 mi-3
£2,60003/250.7 mi-3
£2,95002/240.7 mi-3
£2,60012/240.7 mi-3
£2,40012/240.73 mi-3
£2,00008/240.8 mi-3
£1,65008/240.82 mi-3
£1,85002/240.86 mi-3
£1,90010/240.93 miGriffon Way, Leavesden, Herts, WD253
£2,00010/241.04 miRother Close, Watford, Hertfordshire, WD253
£1,66010/241.05 mi-3
£1,75010/241.13 miHazelwood Lane, Abbots Langley3
£1,80008/241.14 mi-3
£1,97503/251.14 mi-3

Local Area Statistics

Population in WD25

27,708

Population in Watford

117,094

Town centre distance

2.72 miles away

Nearest school

0.30 miles away

Nearest train station

1.06 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+12%

Sales demand

Balanced market

Capital growth (5yrs)

+23%

Property History

Listed for £850,000

September 6, 2024

Sold for £598,500

2016

Sold for £347,000

2006

Sold for £340,000

2002

Floor Plans

Description

  • OPEN HOUSE EVENT +
  • BESPOKE DETAILS THROUGHOUT +
  • THREE DOUBLE BEDROOMS +
  • CLOSE TO PARMITERS AND ST MICHAELS +
  • LARGE WRAP AROUND GARDEN +
  • DETACHED HOME +
  • OFF STREET PARKING +
  • GARAGE +
  • BAR +
  • TWO BATHROOMS +

We are thrilled to present to the market this stunning three-bedroom detached home on Horseshoe Lane. Ideally situated near the serene Leavesden Country Park, this property offers exceptional access to both the M1 and M25. A short drive takes you to Watford Junction Train Station, where you can reach London in just 20 minutes! Families will also appreciate the proximity to the highly regarded Parmiter's and St. Michael's schools.
This home is the perfect blend of style and functionality, making it ideal for family living.

Interior:
Upon entering, you're greeted by a spacious hallway that flows seamlessly into a generous dining room, perfect for entertaining. The ground floor features a stylish wet room adorned with Wallascombe Beach floor tiles. The inviting lounge area boasts beautiful stained-glass windows and convenient electric roller blinds, leading into a bright conservatory that offers stunning views of the wrap-around garden.

The kitchen, extended and renovated in 2017, is a true highlight. It features a striking real brick feature wall with solid oak shelving, complemented by a mix of Quartz and block wood worktops. Equipped with modern conveniences such as Smartwave app-controlled lighting, a water softener, boiling tap, food waste disposal, and an integrated dishwasher, this kitchen is as functional as it is beautiful.

Upstairs, you’ll find three well-appointed double bedrooms and a contemporary family bathroom. The master suite comfortably accommodates a Super King bed and offers bespoke Sharps fitted wardrobes with integrated lighting, drawers, and shelves. Bedroom two overlooks the garden and includes a King Size bed, large wardrobe, and dressing table. Bedroom three, though the smallest, still provides ample space for a double bed and wardrobe.

The recently updated family bathroom features a luxurious plunge bath, rainfall shower, underfloor heating, demisting mirror, and built-in shaver point, making it a perfect retreat for relaxation.

Exterior:
Externally, this property truly shines. The expansive wrap-around garden is meticulously landscaped, featuring a charming gazebo with both external and floor lighting, a workshop, a shed, and convenient access to the garage. The secure double driveway, accessed via an electric gate, provides ample parking.

At the rear of the garden, you’ll discover a delightful bar area—ideal for entertaining! This bespoke bar, crafted from reclaimed oak and sycamore wood sourced from a local yard that supports the homeless, adds a unique and meaningful touch to the property.

This home is packed with bespoke details and truly must be seen to be appreciated! Contact Hopcroft Property Experts today to secure your spot at our OPEN HOUSE event.

Agent Details

Hopcroft Property Experts, Covering Hertfordshire and Middlesex

01923 920469

Next Steps?

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