2 Bed Flat, Single Let, Watford, WD19 5AQ, £349,999

By The Wood, Watford, Hertfordshire, WD19 5AQ - 6 months ago

Leasehold
BTL
~68 m²
+9 photos

ValuationOvervalued

Sold Prices£170K - £470K
Sold Prices/m²£3.7K/m² - £6.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.1K/m²

Value Estimate

£325,241

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£16,700

Total Cash In

£104,200

 

 

Cash Out

 

Rent Range

£700 - £2,695

Rent Estimate

£1,375

Running Costs/mo

£1,389

Cashflow/mo

£-14

Cashflow/yr

£-165

Gross Yield

5%

Local Sold Prices

37 sold prices from £170K to £470K, average is £265K. £3.7K/m² to £6.9K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£355K11/220 mi78, By The Wood, Carpenders Park, Watford, Hertfordshire WD19 5AQ2
£335K06/210 mi72, By The Wood, Carpenders Park, Watford, Hertfordshire WD19 5AQ2
£338K06/210 mi88, By The Wood, Carpenders Park, Watford, Hertfordshire WD19 5AQ2
£335K02/230 mi74, By The Wood, Carpenders Park, Watford, Hertfordshire WD19 5AQ2
£325K11/220.18 mi10, Dunsmore, Watford, Hertfordshire WD19 5AU2
£240K05/210.36 mi11a, The Parade, Carpenders Park, Watford, Hertfordshire WD19 5BL2
£278.5K08/230.42 mi40, Gibbs Couch, Watford, Hertfordshire WD19 5EQ2
£265K07/230.42 mi56, Gibbs Couch, Watford, Hertfordshire WD19 5EQ2
£357K02/210.49 mi5, Vera Court, Watford, Hertfordshire WD19 4PE2
£300K03/230.62 mi25, Romilly Drive, Watford, Hertfordshire WD19 5EN2
£260K09/210.62 mi11, Romilly Drive, Watford, Hertfordshire WD19 5EN2
£262.5K09/220.69 mi29, Turnberry Court, Watford, Hertfordshire WD19 7BE2
£300K06/210.7 mi2b, Upper Paddock Road, Watford, Hertfordshire WD19 4DZ2
£253K08/220.71 mi21, Turnberry Court, Watford, Hertfordshire WD19 7BE2
£270K10/200.81 mi51, Redwood Close, South Oxhey, Watford, Hertfordshire WD19 6HQ2
£280K11/220.82 mi106, Redwood Close, South Oxhey, Watford, Hertfordshire WD19 6ST2
£248K02/210.82 mi104, Redwood Close, South Oxhey, Watford, Hertfordshire WD19 6ST2
£200K03/210.85 mi24, The Pastures, Watford, Hertfordshire WD19 4RS2
£273K12/200.85 mi18, The Pastures, Watford, Hertfordshire WD19 4RS2
£280K09/210.85 mi32, The Pastures, Watford, Hertfordshire WD19 4RS2
£265K01/210.86 mi28, Altham Gardens, South Oxhey, Watford, Hertfordshire WD19 6HJ2
£265K01/210.86 mi28, Altham Gardens, South Oxhey, Watford, Hertfordshire WD19 6HJ2
£265K01/210.86 mi28, Altham Gardens, South Oxhey, Watford, Hertfordshire WD19 6HJ2
£265K09/210.86 mi20, Altham Gardens, South Oxhey, Watford, Hertfordshire WD19 6HJ2
£305K03/240.86 mi22, Altham Gardens, South Oxhey, Watford, Hertfordshire WD19 6HJ2
£180K12/210.88 mi69, Redwood Close, South Oxhey, Watford, Hertfordshire WD19 6SE2
£263K04/210.88 mi76, Redwood Close, South Oxhey, Watford, Hertfordshire WD19 6SE2
£210K10/230.88 mi87, Redwood Close, South Oxhey, Watford, Hertfordshire WD19 6SE2
£235K11/220.88 miFlat 23, The Gables, Ransom Close, Watford, Hertfordshire WD19 4NG2
£175K11/230.88 miFlat 32, The Gables, Ransom Close, Watford, Hertfordshire WD19 4NG2
£239K11/220.88 miFlat 4, The Gables, Ransom Close, Watford, Hertfordshire WD19 4NG2
£170K10/230.88 miFlat 21, The Gables, Ransom Close, Watford, Hertfordshire WD19 4NG2
£185K05/230.88 miFlat 26, The Gables, Ransom Close, Watford, Hertfordshire WD19 4NG2
£350K09/230.94 miFlat 22, Mayfield Court, London Road, Bushey, Hertfordshire WD23 2NN2
£363K06/210.94 miFlat 25, Mayfield Court, London Road, Bushey, Hertfordshire WD23 2NN2
£470K03/230.94 miFlat 38, Mayfield Court, London Road, Bushey, Hertfordshire WD23 2NN2
£345K10/210.94 miFlat 9, Mulberry Lodge, Eastbury Road, Watford, Hertfordshire WD19 4PN2

Local Rents

12 rents from £700/mo to £2.7K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£70003/250.13 mi-2
£1,75012/240.13 mi-2
£1,70001/250.13 mi-2
£1,65001/250.13 mi-2
£1,80001/250.21 mi-2
£1,55011/240.23 mi-2
£1,55011/240.23 mi-2
£2,69510/240.34 miOxhey Lane, Watford Heath2
£1,80002/250.39 mi-2
£1,60010/240.46 mi-2
£2,00011/240.58 mi-2
£1,80012/240.58 mi-2

Local Area Statistics

Population in WD19

27,274

Population in Watford

117,094

Town centre distance

2.20 miles away

Nearest school

0.30 miles away

Nearest train station

0.42 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+11%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £349,999

September 20, 2024

Sold for £335,000

2023

Sold for £178,000

2004

Floor Plans

Description

  • UPVC DOUBLE GLAZING +
  • GAS CENTRAL HEATING +
  • GREAT SIZE BATHROOM +
  • 17'8 x 11'6 LOUNGE +
  • KITCHEN/BREAKFAST +
  • BALCONY +
  • GARAGE IN BLOCK +
  • PEPPERCORN GROUND RENT +
  • LANDSCAPED GARDENS +

GREAT SPACE AND GREAT LOCATION WITH THIS 2 (Potential 3) BEDROOM, LARGER BALCONY design APARTMENT, WITH GARAGE in block and GAS RADIATOR central heating with NEW COMBINATION BOILER, situated on this SOUGHT AFTER ROAD near to GREENBELT AND OFFERING EASY ACCESS TO PUBLIC TRANSPORT.

Accommodation comprises (all measurements approximate)

UPVC double glazed entrance door to:

HALL
Door to store/potential Bedroom 3, door to living room and part glazed door to Balcony.

BALCONY 3.66m (12')
Wrought iron safety rail. Tiled floor with room for table and 4 chairs. Views over woodland.

UTIILITY/ 2.44m x 1.68m (8' x 5'6")
OCCASIONAL BED 3
Potential occasional Bedroom 3. UPVC double glazed window. Meters and power points.

LIVING 5.39m x 3.51m (17'8" x 11'6")
x2 UPVC double glazed tilt and open windows with further fixed centre glazed section. x2 double radiators, power points and door to inner hall and:

KITCHEN/BREAKFAST 3.66m x 3.25m (12' x 10'8")
UPVC double glazed window. Range of fitted base and wall units with contrasting rolled worktops, integrated electric oven with electric hob above, and extractor hood. Recesses for washing machine and slimline dishwasher. Cupboard unit housing fridge. Part tiled walls, new flooring and new Worcester Bosch Combi boiler controllable with App. Double radiator, power points and replacement flooring.

INNER LOBBY
Large cupboard housing water softener. Further linen cupboard.

BEDROOM 1 3.66m x 3.35m (12' x 11')
UPVC double glazed tilt and open window with radiator under. Bank of fitted wardrobes.

BEDROOM 2 3.35m x 2.79m (11' x 9'2")
UPVC double glazed tiled and open window with radiator under. Built-in wardrobe.

BATHROOM 2.54m x 1.73m (8'4" x 5'8")
UPVC double glazed window. Panelled bath with direct fee thermostatic shower and glass screen door. Vanity wash hand basin and low flush WC. Vinyl floor. Tiled walls and towel rail.

OUTSIDE

GARAGE
In block with up and over door.

GARDEN
Communal Gardens

LEASE 126 years remaining
SERVICE CHARGE £100 per calendar month currently.
PEPPERCORN GROUND RENT.
COUNCIL TAX BAND C
CURRENT ANNUAL COUNCIL TAX CHARGE £1,955.44

ELECTRIC: Mains supply
GAS: Mains supply
WATER: Mains supply
SEWERAGE: Mains supply
BROADBAND: FTTP (Fibre to premises)

NOTICE
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: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and must not be used when ordering either furniture or carpets.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Slades has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.

Lease details, service charges and ground rent (where applicable) have been provided by the client and
should be checked and confirmed by your solicitor prior to exchange of contracts.

Agent Details

Slades Estate Agency, Carpenders Park

020 3879 5643

Next Steps?

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