4 Bed Detached House, Refurb/BRRR, Rickmansworth, WD3 4JQ, £1,200,000

Bridle Lane, Loudwater, WD3 4JQ - 7 months ago

Sold STC
Refurb/BRRR
~279 m²
+17 photos

ValuationFair Value

Sold Prices£510K - £2.4M
Sold Prices/m²£4.3K/m² - £18.3K/m²

 

 

Square Metres

~279.30 m²
Price/m²£4.3K/m²

Value Estimate

£1,224,000

 

 

End Value (After Refurb)

£1,731,660

Uplift in Value

+44%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£300,000

Stamp Duty & Legal Fees

£124,950

Refurb Costs

£147,799

Bridging Loan Interest

£31,500

Total Cash In

£605,999

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£1,731,660

Agent Fees (1%)

£17,317

Bridging Loan

£900,000

Bridging Loan Interest

£31,500

Flip Profit

£208,344

Local Sold Prices

51 sold prices from £510K to £2.4M, average is £1.1M. £4.3K/m² to £18.3K/m², average is £6.4K/m².

PriceDateDistanceAddressBeds 
£1.1M12/200.04 miMoonya, Bridle Lane, Loudwater, Rickmansworth, Hertfordshire WD3 4JH4
£1.7M10/210.1 miChenies, Bridle Lane, Loudwater, Rickmansworth, Hertfordshire WD3 4JA4
£1.2M12/210.3 miHill Thorp, Sarratt Lane, Loudwater, Rickmansworth, Hertfordshire WD3 4AZ4
£1.5M05/210.58 miDene Cottage, Overstream, Loudwater, Rickmansworth, Hertfordshire WD3 4LD4
£1.3M08/230.76 mi19, Spencer Walk, Rickmansworth, Hertfordshire WD3 4EE4
£1.3M10/230.76 mi24, Lynwood Heights, Rickmansworth, Hertfordshire WD3 4ED4
£1.1M05/210.81 miFlowerpots, Old Solesbridge Lane, Chorleywood, Rickmansworth, Hertfordshire WD3 5ST4
£1.9M09/230.85 mi52, The Drive, Rickmansworth, Hertfordshire WD3 4EB4
£1.2M10/230.89 miChiltern Cottage, Wyatts Road, Chorleywood, Rickmansworth, Hertfordshire WD3 5TE4
£1.2M03/230.91 mi2, The Readings, Chorleywood, Rickmansworth, Hertfordshire WD3 5SY4
£1.6M06/210.91 mi21, Wyatts Road, Chorleywood, Rickmansworth, Hertfordshire WD3 5TB4
£1.7M06/230.93 mi64, Valley Road, Rickmansworth, Hertfordshire WD3 4BJ4
£1.7M09/230.97 mi103, Valley Road, Rickmansworth, Hertfordshire WD3 4BL4
£1.1M02/211 mi34, Parkfield, Chorleywood, Rickmansworth, Hertfordshire WD3 5AZ4
£1.3M06/211 mi6, Greenhills Close, Rickmansworth, Hertfordshire WD3 4BW4
£1.9M10/231.01 mi142, The Drive, Rickmansworth, Hertfordshire WD3 4DP4
£2.4M01/231.02 mi123, The Drive, Rickmansworth, Hertfordshire WD3 4DR4
£870K06/211.07 mi110, Highfield Way, Rickmansworth, Hertfordshire WD3 7PH4
£1.2M11/201.09 miDormers, The Green, Croxley Green, Rickmansworth, Hertfordshire WD3 3HX4
£1.1M11/201.1 mi73, Highfield Way, Rickmansworth, Hertfordshire WD3 7PN4
£1.2M09/211.1 mi78, Highfield Way, Rickmansworth, Hertfordshire WD3 7PR4
£900K05/211.2 mi9, Elmcote Way, Croxley Green, Rickmansworth, Hertfordshire WD3 3HP4
£605K10/201.21 mi38, Owens Way, Croxley Green, Rickmansworth, Hertfordshire WD3 3PU4
£1.1M11/211.23 mi115, Highfield Way, Rickmansworth, Hertfordshire WD3 7PL4
£775K12/201.23 mi39, South Cottage Gardens, Chorleywood, Rickmansworth, Hertfordshire WD3 5EH4
£700K12/201.23 mi15, South Cottage Gardens, Chorleywood, Rickmansworth, Hertfordshire WD3 5EH4
£750K12/231.24 mi28, Windmill Drive, Croxley Green, Rickmansworth, Hertfordshire WD3 3FD4
£1.3M08/211.24 mi72, Shepherds Way, Rickmansworth, Hertfordshire WD3 7NR4
£880K09/231.26 mi8, South Cottage Drive, Chorleywood, Rickmansworth, Hertfordshire WD3 5EB4
£1.1M01/211.26 mi8, Hill Rise, Rickmansworth, Hertfordshire WD3 7NZ4
£1.3M08/231.26 mi58, Hill Rise, Rickmansworth, Hertfordshire WD3 7NZ4
£850K11/211.28 mi19, Manor Way, Croxley Green, Rickmansworth, Hertfordshire WD3 3LU4
£510K03/211.31 mi16, Dulwich Way, Croxley Green, Rickmansworth, Hertfordshire WD3 3PY4
£682K12/201.31 mi7, Arnett Way, Rickmansworth, Hertfordshire WD3 4DA4
£935K11/231.31 mi1, Swallow Close, Rickmansworth, Hertfordshire WD3 7DZ4
£705K03/211.34 mi21, Repton Way, Croxley Green, Rickmansworth, Hertfordshire WD3 3PN4
£1.4M08/231.34 mi23, Shepherds Way, Rickmansworth, Hertfordshire WD3 7NN4
£1.3M08/211.34 mi31, Pheasants Way, Rickmansworth, Hertfordshire WD3 7EX4
£790.6K06/231.35 mi14, Yorke Road, Croxley Green, Rickmansworth, Hertfordshire WD3 3DN4
£790K04/231.39 mi40, Watford Road, Croxley Green, Rickmansworth, Hertfordshire WD3 3BJ4
£1.0M06/231.39 mi115, New Road, Croxley Green, Rickmansworth, Hertfordshire WD3 3EN4
£870K01/231.4 mi6, Lincoln Drive, Croxley Green, Rickmansworth, Hertfordshire WD3 3NH4
£643K09/231.42 mi14, Fuller Way, Croxley Green, Rickmansworth, Hertfordshire WD3 3PJ4
£643K09/231.42 mi14, Fuller Way, Croxley Green, Rickmansworth, Hertfordshire WD3 3PJ4
£1.2M02/231.42 mi15, Meadow Way, Rickmansworth, Hertfordshire WD3 7NG4
£625K03/211.43 mi8, Townfield, Rickmansworth, Hertfordshire WD3 7DD4
£615K09/211.43 mi82, Townfield, Rickmansworth, Hertfordshire WD3 7DD4
£625K12/221.43 mi14, Townfield, Rickmansworth, Hertfordshire WD3 7DD4
£820K01/231.46 mi52, Bateman Road, Croxley Green, Rickmansworth, Hertfordshire WD3 3BL4
£655K01/211.47 mi57, The Queens Drive, Mill End, Rickmansworth, Hertfordshire WD3 8LS4
£750K04/211.48 mi4, Bateman Road, Croxley Green, Rickmansworth, Hertfordshire WD3 3BL4

Local Rents

20 rents from £2.5K/mo to £8.5K/mo, average is £4.2K/mo.

RentDateDistanceAddressBeds 
£2,90010/240.11 miDaintree, Bridle Lane, Loudwater, Rickmansworth3
£4,85010/240.23 miSarratt Lane, Rickmansworth, WD35
£4,85010/240.23 mi-5
£3,90011/240.28 mi-5
£8,50010/240.37 miLoudwater Drive, Loudwater, Rickmansworth, Hertfordshire, WD36
£8,50010/240.37 miLoudwater Drive Loudwater WD36
£8,50010/240.37 miTimberdene, Loudwater, Rickansworth, WD36
£4,15010/240.74 miRickmansworth, Hertfordshire5
£4,15010/240.74 miThe Clump, Chorleywood5
£4,60001/250.8 mi-6
£3,50010/240.81 miThe Drive, Rickmansworth, WD34
£3,50010/240.81 miThe Drive, Rickmansworth4
£3,50010/240.81 miThe Drive, Rickmansworth4
£4,00010/240.81 mi-6
£4,00010/240.81 mi-6
£5,00003/250.82 mi-6
£2,50010/240.83 miChess Way3
£4,25011/230.84 mi-5
£5,00010/240.97 miValley Road4
£6,50010/241.2 miHighfield Way, RickmanswortH, WD34

Local Area Statistics

Population in WD3

40,831

Population in Rickmansworth

40,832

Town centre distance

1.72 miles away

Nearest school

0.80 miles away

Nearest train station

1.39 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+1%

Sales demand

Balanced market

Capital growth (5yrs)

+6%

Property History

Listed for £1,200,000

September 11, 2024

Floor Plans

Description

A 3017 Sq Ft detached home, situated on a private road in Loudwater.

This fantastic family home is offered to the market for the first time in 50 years.

Encompassing 3017 Sq Ft of living accomodation, this expansive home is now ready for a new owner to make it their own.

Requiring modernisation throughout, the house has an abundance of potential to be extended, reconfigured and improved - all subject to the revelent permissions being granted.

Currently, the ground floor comprises a spacious entrance reception, downstairs W/C, two large reception rooms, an extended kitchen, conservatory and bar area, a downstairs bathroom, utility room, boot room, garage and downstairs bedroom/study.

On the first floor are three bedrooms, with the primary benefiting from wall length fitted wardrobes and a fully fitted 5 piece bathroom suite.

There is also access to a roof terrace via the primary bedroom, and a family bathroom with seperate W/C off the hallway.

The rear garden is primarily laid to lawn, with a beautiful Willow Tree featuring as the centrepiece of the lawn.

Behind the house are sprawling fields, so expect visitors such as Muntjac and Red Kites.

Bridle Lane is a private road within the Loudwater Estate in Hertfordshire.

The M25 and M1 are both a short drive away, whilst Rickmansworth Station is approximately 8 minutes drive from the door - providing a Chiltern Railways service into Marylebone and the Metropolitan Line into Baker Street.

Local schools include Royal Masonic School for Girls, Charlotte House Prep, Merchant Taylors Boys and Clement Danes Secondary School.

Agent Details

Dey King and Haria Estate Agents, Rickmansworth

01923 961937

Next Steps?

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

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