3 Bed Terraced House, Refurb/BRRR, Rickmansworth, WD3 8QG, £385,000

14 Fotherley Road, Rickmansworth, Hertfordshire, WD3 8QG - 3 views - 5 months ago

Sold STC
Auction
Refurb/BRRR
118 m²
+12 photos

ValuationFair Value

Sold Prices£365K - £760K
Sold Prices/m²£4.4K/m² - £9.6K/m²

 

 

Square Metres

118 m²
Price/m²£3.3K/m²

Value Estimate

£392,700

 

 

End Value (After Refurb)

£665,846

Uplift in Value

+73%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£96,250

Stamp Duty & Legal Fees

£19,500

Refurb Costs

£62,443

Bridging Loan Interest

£10,106

Total Cash In

£190,049

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£665,846

Agent Fees (1%)

£6,658

Bridging Loan

£288,750

Bridging Loan Interest

£10,106

Flip Profit

£180,388

Local Sold Prices

52 sold prices from £365K to £760K, average is £493.8K. £4.4K/m² to £9.6K/m², average is £5.7K/m².

PriceDateDistanceAddressBeds 
£418K03/210.01 mi23, Fotherley Road, Mill End, Rickmansworth, Hertfordshire WD3 8QQ3
£597.5K12/200.06 mi12, Kenwood Drive, Mill End, Rickmansworth, Hertfordshire WD3 8YQ3
£760K06/210.1 mi5, Eastwick Crescent, Mill End, Rickmansworth, Hertfordshire WD3 8YH3
£492.5K01/230.1 mi16, Beresford Road, Mill End, Rickmansworth, Hertfordshire WD3 8QU3
£520K08/230.11 mi75, Springwell Avenue, Mill End, Rickmansworth, Hertfordshire WD3 8QD3
£420K01/210.16 mi8, Whitfield Way, Mill End, Rickmansworth, Hertfordshire WD3 8QS3
£480K12/230.16 mi11, Mill Way, Mill End, Rickmansworth, Hertfordshire WD3 8QR3
£472K05/210.16 mi23, Home Way, Mill End, Rickmansworth, Hertfordshire WD3 8QL3
£600K04/230.16 mi20, Long Lane, Mill End, Rickmansworth, Hertfordshire WD3 8YE3
£625K02/230.16 mi35, Mill Way, Mill End, Rickmansworth, Hertfordshire WD3 8QR3
£568K01/230.17 mi22, Whitfield Way, Mill End, Rickmansworth, Hertfordshire WD3 8QS3
£450K11/200.2 mi26, Mill Way, Mill End, Rickmansworth, Hertfordshire WD3 8QP3
£380K12/200.2 mi51, Grove Road, Mill End, Rickmansworth, Hertfordshire WD3 8EB3
£437.5K09/230.2 mi39, Grove Road, Mill End, Rickmansworth, Hertfordshire WD3 8EB3
£437.5K09/230.2 mi39, Grove Road, Mill End, Rickmansworth, Hertfordshire WD3 8EB3
£505K02/210.2 mi48, Mill Way, Mill End, Rickmansworth, Hertfordshire WD3 8QP3
£460K06/230.2 mi24, Mill Way, Mill End, Rickmansworth, Hertfordshire WD3 8QP3
£550K06/230.2 mi26, Mill Way, Mill End, Rickmansworth, Hertfordshire WD3 8QP3
£650K06/210.22 mi4, Grove Road, Mill End, Rickmansworth, Hertfordshire WD3 8ED3
£485K05/210.24 mi34, Colne Avenue, Mill End, Rickmansworth, Hertfordshire WD3 8BS3
£425K03/210.27 mi5, Hall Close, Mill End, Rickmansworth, Hertfordshire WD3 8US3
£420K04/210.27 mi6, Hall Close, Mill End, Rickmansworth, Hertfordshire WD3 8US3
£370K05/210.27 mi21, Hall Close, Mill End, Rickmansworth, Hertfordshire WD3 8US3
£447.5K05/210.27 mi15, Hall Close, Mill End, Rickmansworth, Hertfordshire WD3 8US3
£605K06/210.28 miLyndhurst, Uxbridge Road, Mill End, Rickmansworth, Hertfordshire WD3 8XA3
£412.5K06/210.28 mi151, Church Lane, Mill End, Rickmansworth, Hertfordshire WD3 8PW3
£507.5K11/230.29 mi19, Beauchamp Gardens, Mill End, Rickmansworth, Hertfordshire WD3 8EF3
£475K01/240.29 mi3, Beauchamp Gardens, Mill End, Rickmansworth, Hertfordshire WD3 8EF3
£455K02/210.32 mi40, Maxwell Close, Mill End, Rickmansworth, Hertfordshire WD3 8BP3
£525K09/210.32 mi34, Maxwell Close, Mill End, Rickmansworth, Hertfordshire WD3 8BP3
£525K10/200.33 mi79, Church Lane, Mill End, Rickmansworth, Hertfordshire WD3 8PU3
£410K06/210.33 mi81, Church Lane, Mill End, Rickmansworth, Hertfordshire WD3 8PU3
£400K03/230.33 mi105, Church Lane, Mill End, Rickmansworth, Hertfordshire WD3 8PU3
£480K11/200.33 mi36, Tudor Way, Mill End, Rickmansworth, Hertfordshire WD3 8JB3
£500K12/200.34 mi6, Williamson Way, Rickmansworth, Hertfordshire WD3 8GL3
£497.5K04/210.34 mi55, Williamson Way, Rickmansworth, Hertfordshire WD3 8GL3
£592.5K11/220.34 mi98, Williamson Way, Rickmansworth, Hertfordshire WD3 8GL3
£495K01/210.34 mi82, Williamson Way, Rickmansworth, Hertfordshire WD3 8GL3
£530K11/210.36 mi3, Thellusson Way, Rickmansworth, Hertfordshire WD3 8RB3
£510K09/230.36 mi52, Clarkfield, Mill End, Rickmansworth, Hertfordshire WD3 8FJ3
£510K09/230.36 mi52, Clarkfield, Mill End, Rickmansworth, Hertfordshire WD3 8FJ3
£620K10/230.38 mi10, Middleton Road, Mill End, Rickmansworth, Hertfordshire WD3 8JD3
£430K06/210.38 mi18, Jordans Road, Rickmansworth, Hertfordshire WD3 8GN3
£670K06/230.38 mi1, Jordans Road, Rickmansworth, Hertfordshire WD3 8GN3
£529.3K03/210.39 mi5, Middleton Road, Mill End, Rickmansworth, Hertfordshire WD3 8JD3
£405K11/200.39 mi21, Clarkfield, Mill End, Rickmansworth, Hertfordshire WD3 8FH3
£365K04/210.39 mi26, Clarkfield, Mill End, Rickmansworth, Hertfordshire WD3 8FH3
£527.5K01/230.39 mi73, Church Lane, Mill End, Rickmansworth, Hertfordshire WD3 8PT3
£535K06/210.4 mi14, Harriet Walker Way, Rickmansworth, Hertfordshire WD3 8RT3
£520K06/210.42 mi15, Church Lane, Mill End, Rickmansworth, Hertfordshire WD3 8PS3
£426K12/200.42 mi20, Church Lane, Mill End, Rickmansworth, Hertfordshire WD3 8HD3
£485K01/210.42 mi48, Church Lane, Mill End, Rickmansworth, Hertfordshire WD3 8HD3

Local Rents

50 rents from £1.1K/mo to £6.5K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,50010/240.17 miUxbridge Road, Mill End, Rickmansworth, Hertfordshire, WD3 8EA2
£1,35003/250.19 mi-2
£1,50010/240.19 miThe Willows, Rickmansworth, WD32
£2,45012/230.2 mi-4
£1,19510/240.29 miChurch Lane, Rickmansworth1
£1,30001/240.29 mi-1
£1,55003/250.3 mi-2
£1,40010/240.34 miWilliamson Way Rickmansworth WD32
£1,10010/240.36 miThompson Way, Rickmansworth, Hertfordshire, WD3 8GP1
£1,25010/240.36 miThompson Way, Rickmansworth, Hertfordshire, WD31
£1,10010/240.39 miClarkfield, Mill End, Rickmansworth WD31
£1,75010/240.39 miUxbridge Road, Rickmansworth2
£1,55010/240.43 miThellusson Way, Penn Heights, Rickmansworth2
£3,10012/230.47 mi-4
£3,00010/230.47 mi-4
£1,52510/240.5 miThe Greenway, Rickmansworth2
£2,95012/240.51 mi-4
£2,75010/240.55 miCoombe Hill Road, WD34
£2,95010/240.55 mi-4
£2,40009/240.57 mi-3
£2,75003/250.6 mi-4
£4,05003/250.61 mi-5
£1,50003/250.61 mi-2
£1,47510/240.61 miRidge House, Springwell Lane, Rickmansworth, Hertfordshire, WD3 8UE2
£1,45002/250.63 mi-2
£1,55003/250.64 mi-2
£1,50011/240.64 mi-2
£1,45003/250.64 mi-2
£2,75010/240.74 miPheasants Way, Rickmansworth, Hertfordshire, WD34
£1,60003/250.8 mi-2
£1,50010/240.82 mi-2
£1,55001/250.82 mi-2
£2,85002/250.91 mi-2
£6,50010/240.93 miHighfield Way, RickmanswortH, WD34
£1,75012/240.98 mi-2
£1,79510/241 miHornhill Road, Maple Cross2
£2,40001/241.08 mi-3
£2,35002/241.09 mi-3
£5,00010/241.09 miValley Road4
£2,27510/241.11 mi-3
£1,50010/241.17 miCarlton House, Rickmansworth2
£2,50012/231.17 mi-3
£1,65012/241.18 mi-2
£2,50012/231.18 mi-3
£1,05010/241.19 miSwan House, Rickmansworth1
£1,20010/241.21 miStation Road Rickmansworth WD31
£1,60003/251.21 mi-2
£1,25003/251.22 mi-1
£3,50010/241.22 miThe Drive, Rickmansworth, WD34
£3,50010/241.22 miThe Drive, Rickmansworth4

Local Area Statistics

Population in WD3

40,831

Population in Rickmansworth

40,832

Town centre distance

0.93 miles away

Nearest school

0.20 miles away

Nearest train station

1.19 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+1%

Sales demand

Balanced market

Capital growth (5yrs)

+6%

Property History

Listed for £385,000

October 29, 2024

Sold for £182,000

2003

Floor Plans

Description

  • TWO RECEPTION ROOMS +
  • KITCHEN +
  • TWO DOWNSTAIRS BATHROOMS +
  • THREE BEDROOMS +
  • REAR GARDEN +
  • OFF STREET PARKING +
  • SCOPE TO EXTEND (STPP) +
  • AUCTION PROPERTY +
  • NO ONWARD CHAIN +
  • OPEN DAY - SATURDAY 2ND NOVEMBER +

Being Sold by Secure Sale online bidding. Terms & Conditions apply. Starting bid £385,000. A great opportunity to acquire this three bedroom, two bathroom semi detached family home, with off street parking and the potential to extend (STPP). This property is offered to the market via auction, benefits from no onward chain and will require some modernisation. 

The ground floor comprises two good-sized reception rooms, two bathrooms and a kitchen. The kitchen features a range of units providing ample storage space and a door opening out to the garden. 

To the first floor there are three bedrooms. The second floor hosts a loft room with two skylights.

Externally, this family home boasts a good-sized rear garden laid to lawn with shrubs and hedges. To the front there is a driveway providing off-street parking and side access to the rear garden.

Rickmansworth town centre has a wide range of boutique shops, coffee houses, restaurants and major supermarkets. The Metropolitan and Chiltern line train services connect you to London Baker Street, Marylebone Station and beyond. The M25 motorway is available at both junction 17 and 18, connecting you to the national motorway network. Major London airports are also within reach. The area is well served for good quality private and state schools for all ages. Chorleywood and Rickmansworth offer everything for the sporting individual from rugby, cricket, football, tennis, horse riding and golf.  Rickmansworth Aquadrome is an ideal setting for walks, sailing, fishing and water skiing.  

Tenure: Freehold
Local Authority: Three Rivers District Council
Council Tax Band: C
Energy Efficiency Rating: C

Agent Details

Robsons, Rickmansworth

01923 961045

Next Steps?

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