3 Bed Terraced House, Planning Permission, Watford, WD24 6NT, £480,000

Acorn Place, Chestnut Walk, WD24 6NT - 6 months ago

Sold STC
Planning
~93 m²
+8 photos

ValuationUndervalued

Sold Prices£372K - £625K
Sold Prices/m²£3.3K/m² - £7.5K/m²

 

 

Square Metres

~93 m²
Price/m²£5.2K/m²

Value Estimate

£519,106
BMV8%

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£120,000

Stamp Duty & Legal Fees

£27,100

Total Cash In

£147,100

 

 

Cash Out

 

Rent Range

£1,600 - £2,350

Rent Estimate

£1,650

Running Costs/mo

£1,850

Cashflow/mo

£-200

Cashflow/yr

£-2,400

Gross Yield

4%

Local Sold Prices

50 sold prices from £372K to £625K, average is £477.5K. £3.3K/m² to £7.5K/m², average is £5.6K/m².

PriceDateDistanceAddressBeds 
£475K11/220.04 mi47, Woodside, Watford, Hertfordshire WD24 6QT3
£480K12/230.04 mi31, Woodside, Watford, Hertfordshire WD24 6QT3
£415K03/210.05 mi27, Woodside, Watford, Hertfordshire WD24 6QT3
£555K02/230.05 mi21, Woodside, Watford, Hertfordshire WD24 6QT3
£460K02/240.14 mi16, Elm Grove, Watford, Hertfordshire WD24 5NA3
£515K08/230.15 mi85, Beechwood Rise, Watford, Hertfordshire WD24 6SQ3
£425K01/210.16 mi24, Middle Way, Watford, Hertfordshire WD24 6HL3
£447.5K06/210.16 mi26, Middle Way, Watford, Hertfordshire WD24 6HL3
£372K05/210.18 mi85, Middle Way, Watford, Hertfordshire WD24 6HR3
£440K05/210.18 mi73, Middle Way, Watford, Hertfordshire WD24 6HR3
£465K05/210.19 mi56, Beechwood Rise, Watford, Hertfordshire WD24 6SG3
£600K03/210.2 mi156, Gammons Lane, Watford, Hertfordshire WD24 5HY3
£565K11/230.2 mi126a, Gammons Lane, Watford, Hertfordshire WD24 5HY3
£560K12/220.21 mi127, Gammons Lane, Watford, Hertfordshire WD24 5JD3
£465K06/210.21 mi10, Cherry Tree Road, Watford, Hertfordshire WD24 6SB3
£415K02/210.21 mi59, Fuller Road, Watford, Hertfordshire WD24 6QH3
£490K03/210.21 mi75, Oakdene Road, Watford, Hertfordshire WD24 6RN3
£415K02/210.22 mi59, Fuller Road, Watford, Hertfordshire WD24 6QH3
£425K03/210.23 mi50, Oakdene Road, Watford, Hertfordshire WD24 6RW3
£495K06/210.23 mi18, Oakdene Road, Watford, Hertfordshire WD24 6RW3
£625K03/220.26 mi177, Gammons Lane, Watford, Hertfordshire WD24 5JE3
£416K11/200.26 mi79, The Harebreaks, Watford, Hertfordshire WD24 6NJ3
£560K01/230.26 mi167, Gammons Lane, Watford, Hertfordshire WD24 5JE3
£512.5K06/210.26 mi19, Beechwood Rise, Watford, Hertfordshire WD24 6SE3
£505K06/210.26 mi37, Beechwood Rise, Watford, Hertfordshire WD24 6SE3
£480K04/210.26 mi29, Beechwood Rise, Watford, Hertfordshire WD24 6SE3
£475K04/210.27 miRonda, Leaford Crescent, Watford, Hertfordshire WD24 5TW3
£418K11/200.27 mi98, Leggatts Wood Avenue, Watford, Hertfordshire WD24 6RP3
£405K04/210.27 mi78, Leggatts Wood Avenue, Watford, Hertfordshire WD24 6RP3
£485K04/210.27 mi27, Leggatts Wood Avenue, Watford, Hertfordshire WD24 6RL3
£458K04/210.27 mi51, Leggatts Wood Avenue, Watford, Hertfordshire WD24 6RL3
£510K03/230.27 mi45, Leggatts Wood Avenue, Watford, Hertfordshire WD24 6RL3
£465K09/230.27 mi69, Leggatts Wood Avenue, Watford, Hertfordshire WD24 6RL3
£526K11/220.29 mi82, Berry Avenue, Watford, Hertfordshire WD24 6RY3
£480K06/210.29 mi55, Berry Avenue, Watford, Hertfordshire WD24 6RU3
£475K08/230.29 mi27, Berry Avenue, Watford, Hertfordshire WD24 6RU3
£480K06/210.29 mi21, Berry Avenue, Watford, Hertfordshire WD24 6RU3
£430K07/230.29 mi57, Berry Avenue, Watford, Hertfordshire WD24 6RU3
£500K02/240.3 mi6, Berry Avenue, Watford, Hertfordshire WD24 6RY3
£446K03/210.3 mi58, Berry Avenue, Watford, Hertfordshire WD24 6RY3
£407K12/200.3 mi48, Berry Avenue, Watford, Hertfordshire WD24 6RY3
£475K10/220.31 mi73, The Harebreaks, Watford, Hertfordshire WD24 6NE3
£400K06/210.31 mi163, North Western Avenue, Watford, Hertfordshire WD25 0AQ3
£500K06/210.31 miElestra, Leaford Crescent, Watford, Hertfordshire WD24 5JG3
£500K06/210.31 miElestra, Leaford Crescent, Watford, Hertfordshire WD24 5JG3
£475K03/240.31 mi18, Hazel Tree Road, Watford, Hertfordshire WD24 6RQ3
£491.3K06/210.31 mi12, Hazeltree Road, Watford, Hertfordshire WD24 6RQ3
£615K12/230.31 mi27, Leaford Crescent, Watford, Hertfordshire WD24 5JQ3
£534.5K06/210.31 mi55, Leaford Crescent, Watford, Hertfordshire WD24 5JQ3
£520K01/240.31 mi37, Leaford Crescent, Watford, Hertfordshire WD24 5JQ3

Local Rents

21 rents from £1.6K/mo to £2.4K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£2,10010/240.15 mi-3
£2,10012/240.15 mi-3
£2,35012/240.36 mi-3
£1,78010/240.36 mi-3
£2,00010/240.37 miBrighton Road, Watford, WD243
£1,80001/250.38 mi-3
£2,05009/240.38 mi-3
£1,60010/240.39 mi-3
£1,60003/250.39 mi-3
£1,60010/240.39 miLeavesden Road, Watford, WD243
£1,90008/240.4 mi-3
£2,00004/250.4 mi-3
£1,80008/240.45 mi-3
£1,97503/250.45 mi-3
£1,72510/240.46 miThe Harebreaks, North Watford, Watford, WD243
£1,89002/240.49 mi-3
£1,79002/250.49 mi-3
£2,30010/240.49 miPurbrock Avenue, Watford, Hertfordshire, WD253
£2,30010/240.49 miPurbrock Avenue, WATFORD3
£1,95002/250.51 mi-3
£1,80003/250.58 mi-3

Local Area Statistics

Population in WD24

21,827

Population in Watford

117,094

Town centre distance

1.17 miles away

Nearest school

0.20 miles away

Nearest train station

0.67 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+13%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Listed for £480,000

September 30, 2024

Floor Plans

Description

  • Three Bedrooms +
  • Modern Kitchen And Bathroom +
  • Large Garden +
  • Scope To Further Extend STP +
  • Chain Free +

Situated within this quiet cul-de-sac is this recently refurbished three bedroom end of terraced family home offered for sale with no onward chain.

Situated within this quiet cul-de-sac is this recently refurbished three bedroom end of terraced family home offered for sale with no onward chain.

This impressive property sits on a sizeable corner plot which provides huge scope to extend subject to the relevant planning permission.

The property features a large entrance hallway, a through lounge which is flooded with natural light and an integrated fitted kitchen.

To the first floor are three bedrooms, two of which are sizeable double rooms and finally a fully tiled shower room.

We noted the contemporary finish and feeling of space throughout. We loved the rear garden and selection of patios, perfect for alfresco entertaining.

Further highlights include double glazing and gas central heating.

Located on Acorn Place, the property is within close proximity to well-regarded schools, open spaces and the array of shops and eateries on St Albans Rd with Watford Junction and North Watford Station easily accessible.

Agent Details

Dey King and Haria Estate Agents, Watford

01923 961351

Next Steps?

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