4 Bed Detached House, Planning Permission, Watford, WD19 4LG, £900,000

Brookdene Avenue, Watford, Hertfordshire, WD19 4LG - 2 views - 6 months ago

Sold STC
Planning
~129 m²
+15 photos

ValuationOvervalued

Sold Prices£425K - £1.2M
Sold Prices/m²£3.6K/m² - £8.9K/m²

 

 

Square Metres

~129.26 m²
Price/m²£7K/m²

Value Estimate

£692,449

 

 

End Value (After Refurb)

£747,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£225,000

Stamp Duty & Legal Fees

£60,700

Refurb Costs

£68,381

Bridging Loan Interest

£23,625

Total Cash In

£379,456

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£747,500

Mortgage (After Refinance)

£560,625

Mortgage LTV

75%

Cash Left In

£379,456

Equity

£186,875

Rent Range

£1,700 - £4,750

Rent Estimate

£2,479

Running Costs/mo

£2,852

Cashflow/mo

£-373

Cashflow/yr

£-4,473

Gross Yield

3%

Local Sold Prices

50 sold prices from £425K to £1.2M, average is £697.5K. £3.6K/m² to £8.9K/m², average is £5.4K/m².

PriceDateDistanceAddressBeds 
£785K05/210.01 mi29, Brookdene Avenue, Watford, Hertfordshire WD19 4LG4
£750K04/210.03 mi52, Brookdene Avenue, Watford, Hertfordshire WD19 4LF4
£800K07/230.03 mi54, Brookdene Avenue, Watford, Hertfordshire WD19 4LF4
£560K01/210.04 mi1, The Pastures, Watford, Hertfordshire WD19 4RT4
£813.2K09/210.07 mi6, Meadowbank, Watford, Hertfordshire WD19 4NP4
£705K09/200.07 mi21, Meadowbank, Watford, Hertfordshire WD19 4NP4
£750K02/210.07 mi1a, Meadowbank, Watford, Hertfordshire WD19 4NP4
£635K03/210.18 mi180, Oaklands Avenue, Watford, Hertfordshire WD19 4LQ4
£708K03/210.18 mi140, Oaklands Avenue, Watford, Hertfordshire WD19 4LQ4
£915K09/230.18 mi170, Oaklands Avenue, Watford, Hertfordshire WD19 4LQ4
£640K03/210.19 mi135, Oaklands Avenue, Watford, Hertfordshire WD19 4TN4
£1.0M07/230.2 mi14, Woodwaye, Watford, Hertfordshire WD19 4NW4
£660K06/210.26 mi15, Oaklands Avenue, Watford, Hertfordshire WD19 4LN4
£725K08/210.29 mi90, Oaklands Avenue, Watford, Hertfordshire WD19 4LW4
£882.5K08/230.29 mi50, Oaklands Avenue, Watford, Hertfordshire WD19 4LW4
£1.2M06/210.29 mi7a, Nancy Downs, Watford, Hertfordshire WD19 4NF4
£820K07/210.34 mi96, Hillcroft Crescent, Watford, Hertfordshire WD19 4NZ4
£830K03/230.35 mi43, Hillcroft Crescent, Watford, Hertfordshire WD19 4PB4
£625K11/200.36 mi103, Hampermill Lane, Watford, Hertfordshire WD19 4NX4
£950K03/210.36 mi40, Oxhey Road, Watford, Hertfordshire WD19 4QQ4
£735K06/210.38 mi46, Hillcroft Crescent, Watford, Hertfordshire WD19 4NY4
£932.5K04/210.39 mi53, Oxhey Road, Watford, Hertfordshire WD19 4QG4
£700K04/210.41 miPark End, Deacons Hill, Watford, Hertfordshire WD19 4HN4
£760K07/210.41 mi3, The Coppice, Watford, Hertfordshire WD19 4HR4
£685K11/230.46 mi6, Oakview Close, Watford, Hertfordshire WD19 4RA4
£695K03/230.46 mi4, Oakview Close, Watford, Hertfordshire WD19 4RA4
£900K03/210.46 mi46, Kingsfield Road, Watford, Hertfordshire WD19 4TR4
£1.2M05/220.49 mi34a, Watford Heath, Watford, Hertfordshire WD19 4EU4
£620K03/210.51 mi161, Hampermill Lane, Watford, Hertfordshire WD19 4TF4
£555K02/230.53 mi84, Fulford Grove, Watford, Hertfordshire WD19 7QG4
£735K09/200.54 mi51, Oxhey Avenue, Watford, Hertfordshire WD19 4HB4
£575K12/220.55 mi136, Fulford Grove, Watford, Hertfordshire WD19 7QL4
£800K04/210.55 mi148, Oxhey Avenue, Watford, Hertfordshire WD19 4HA4
£735K07/230.55 mi100, Oxhey Avenue, Watford, Hertfordshire WD19 4HA4
£475K08/230.58 mi24, The Hoe, Watford, Hertfordshire WD19 5AY4
£485K04/210.59 mi32, Hayling Road, Watford, Hertfordshire WD19 7BW4
£915K08/220.7 mi7, Bucks Avenue, Watford, Hertfordshire WD19 4AR4
£650K11/200.72 mi1, Firbank Drive, Watford, Hertfordshire WD19 4EL4
£693K12/220.72 mi25, Alva Way, Watford, Hertfordshire WD19 5EE4
£560K03/210.72 mi29, Alva Way, Watford, Hertfordshire WD19 5EE4
£660K03/230.72 mi21, Elm Avenue, Watford, Hertfordshire WD19 4BD4
£480K01/210.74 mi42, Elfrida Road, Watford, Hertfordshire WD18 0AT4
£425K05/210.74 mi72, Blairhead Drive, Watford, Hertfordshire WD19 7RJ4
£627K06/210.75 mi60, On The Hill, Watford, Hertfordshire WD19 5DR4
£455K06/210.76 mi20, Culverden Road, Watford, Hertfordshire WD19 7RG4
£500K09/230.76 mi30, Culverden Road, Watford, Hertfordshire WD19 7RG4
£610K10/210.76 mi40, Margeholes, Watford, Hertfordshire WD19 5AR4
£520K06/230.76 mi80, Margeholes, Watford, Hertfordshire WD19 5AR4
£675K02/210.76 mi148, Gosforth Lane, South Oxhey, Watford, Hertfordshire WD19 7RD4
£450K12/230.78 mi39, Liverpool Road, Watford, Hertfordshire WD18 0DW4

Local Rents

11 rents from £1.7K/mo to £4.8K/mo, average is £2.8K/mo.

RentDateDistanceAddressBeds 
£2,05011/240.23 mi-3
£2,50010/240.26 miOaklands Avenue3
£4,75002/240.35 mi-6
£3,10010/240.35 mi-4
£3,10010/240.35 miGreen Lane, Watford, WD194
£2,80011/240.37 mi-3
£2,99511/240.39 mi-4
£3,95010/240.59 miPinner Road, Watford, WD195
£1,90001/250.59 mi-3
£1,70010/240.62 miGrover Road, WATFORD3
£2,45003/250.62 mi-5

Local Area Statistics

Population in WD19

27,274

Population in Watford

117,094

Town centre distance

1.66 miles away

Nearest school

0.40 miles away

Nearest train station

0.70 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+11%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £900,000

September 10, 2024

Sold for £486,000

2014

Sold for £196,000

1998

Floor Plans

Description

  • Immaculately Presented Throughout +
  • Detached Family House +
  • Modern Fitted Kitchen +
  • Open Plan Sitting/Dining Room +
  • Family Room +
  • Four Bedrooms +
  • Family Bathroom, En-Suite to Principal Bedroom +
  • Enclosed Rear Garden +
  • Integral Garage, Driveway Parking +
  • Freehold. Council Tax Band F. EPC Rating E. +

Located in a sought-after neighbourhood, this immaculately presented detached property boasts four spacious bedrooms, perfect for a growing family.

The property has planning permission for both an upwards loft extension and single storey side extension.

The property features a beautifully landscaped garden, ideal for outdoor entertaining and relaxation. With an integral garage providing convenient parking and storage space, this home offers both style and practicality.

The interior is elegantly designed, with high-quality finishes throughout and comprises a welcoming entrance hallway with guest cloakroom. A front aspect family rooms with built in cupboard storage. An open plan l-shaped sitting/dining room with French doors and a separate set of sliding doors to the enclosed rear garden. Completing the ground floor is the kitchen and separate utility room, with access to the integral garage.

Rising to the first floor are four good sized bedrooms with the principal bedroom boasting an en-suite shower room and a family bathroom.

Don't miss the opportunity to make this exquisite property your new home. Contact us today to arrange a viewing.

Agent Details

Gibbs Gillespie, Northwood Sales

01923 961080

Next Steps?

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