2 Bed Terraced House, Single Let, Watford, WD18 0DX, £450,000

St. James Road, Watford, WD18 0DX - 6 months ago

BTL
~68 m²
+3 photos

ValuationOvervalued

Sold Prices£320K - £565K
Sold Prices/m²£4.1K/m² - £8.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£6.6K/m²

Value Estimate

£345,563

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£24,700

Total Cash In

£137,200

 

 

Cash Out

 

Rent Range

£1,100 - £3,700

Rent Estimate

£1,425

Running Costs/mo

£1,711

Cashflow/mo

£-286

Cashflow/yr

£-3,435

Gross Yield

4%

Local Sold Prices

52 sold prices from £320K to £565K, average is £360K. £4.1K/m² to £8.2K/m², average is £5.1K/m².

PriceDateDistanceAddressBeds 
£342K02/210.01 mi84, St James Road, Watford, Hertfordshire WD18 0DX2
£370K02/230.02 mi107, St James Road, Watford, Hertfordshire WD18 0DY2
£337.5K12/200.05 mi73, Liverpool Road, Watford, Hertfordshire WD18 0DW2
£330K01/210.05 mi41, Liverpool Road, Watford, Hertfordshire WD18 0DW2
£360K06/210.05 mi37, Liverpool Road, Watford, Hertfordshire WD18 0DW2
£400K07/230.05 mi37, Liverpool Road, Watford, Hertfordshire WD18 0DW2
£385K08/230.05 mi17, Liverpool Road, Watford, Hertfordshire WD18 0DW2
£385K08/210.06 mi46, Cardiff Road, Watford, Hertfordshire WD18 0DT2
£330K05/210.06 mi16, Cardiff Road, Watford, Hertfordshire WD18 0DT2
£365K05/240.06 mi6, Cardiff Road, Watford, Hertfordshire WD18 0DT2
£370K08/230.07 mi56, Liverpool Road, Watford, Hertfordshire WD18 0DN2
£347K05/230.09 mi45, Cardiff Road, Watford, Hertfordshire WD18 0DS2
£325K05/210.13 mi30, Neal Street, Watford, Hertfordshire WD18 0AX2
£360K10/230.13 mi64, Cardiff Road, Watford, Hertfordshire WD18 0DP2
£565K05/230.15 mi5, Roberts Road, Watford, Hertfordshire WD18 0AY2
£360K06/210.19 mi18, Lammas Road, Watford, Hertfordshire WD18 0BA2
£382.5K04/230.22 mi30, Cannon Road, Watford, Hertfordshire WD18 0BB2
£380K08/230.22 mi5, Cannon Road, Watford, Hertfordshire WD18 0BB2
£335K03/210.23 mi23, Merton Road, Watford, Hertfordshire WD18 0WU2
£340K12/200.23 mi45, York Road, Watford, Hertfordshire WD18 0BE2
£370K01/210.23 mi47, York Road, Watford, Hertfordshire WD18 0BE2
£343K03/210.23 mi42, York Road, Watford, Hertfordshire WD18 0BE2
£420K11/220.23 mi50, York Road, Watford, Hertfordshire WD18 0BE2
£420K11/220.24 mi29, York Road, Watford, Hertfordshire WD18 0BE2
£365K06/210.24 mi27, Oxford Street, Watford, Hertfordshire WD18 0ES2
£402K06/210.24 mi11, Oxford Street, Watford, Hertfordshire WD18 0ES2
£361K01/230.25 mi27, Fearnley Street, Watford, Hertfordshire WD18 0RB2
£365K12/200.25 mi56, Cardiff Road, Watford, Hertfordshire WD18 0DP2
£322K09/230.26 mi34, Merton Road, Watford, Hertfordshire WD18 0WY2
£322K09/230.26 mi34, Merton Road, Watford, Hertfordshire WD18 0WY2
£320K09/210.26 mi39, Fearnley Street, Watford, Hertfordshire WD18 0RB2
£475K09/230.26 mi12, Muriel Avenue, Watford, Hertfordshire WD18 0BQ2
£350K03/210.26 mi56, Fearnley Street, Watford, Hertfordshire WD18 0RD2
£368K09/230.26 mi24, Fearnley Street, Watford, Hertfordshire WD18 0RD2
£339K05/240.26 mi44, Fearnley Street, Watford, Hertfordshire WD18 0RD2
£367K06/210.27 mi55, St Marys Road, Watford, Hertfordshire WD18 0EE2
£362.5K05/210.27 mi21, St Marys Road, Watford, Hertfordshire WD18 0EE2
£334.5K06/210.27 mi61, Souldern Street, Watford, Hertfordshire WD18 0EU2
£352.5K05/210.27 mi16, Souldern Street, Watford, Hertfordshire WD18 0EU2
£332.5K06/210.27 mi37, Souldern Street, Watford, Hertfordshire WD18 0EU2
£348K08/210.27 mi15, Souldern Street, Watford, Hertfordshire WD18 0EU2
£370K12/200.28 mi2, Banbury Street, Watford, Hertfordshire WD18 0EX2
£375K08/210.33 mi9, Harwoods Road, Watford, Hertfordshire WD18 7RB2
£450K06/210.37 mi15, Percy Road, Watford, Hertfordshire WD18 0QA2
£331K06/210.37 mi51, Holywell Road, Watford, Hertfordshire WD18 0HT2
£345K11/200.38 mi68, Harwoods Road, Watford, Hertfordshire WD18 7RE2
£337K02/230.38 mi48, Holywell Road, Watford, Hertfordshire WD18 0HU2
£386K08/230.38 mi74, Holywell Road, Watford, Hertfordshire WD18 0HU2
£386K08/230.38 mi74, Holywell Road, Watford, Hertfordshire WD18 0HU2
£345K06/210.39 mi4, Durban Road East, Watford, Hertfordshire WD18 0RN2
£346K11/200.39 mi53, Pretoria Road, Watford, Hertfordshire WD18 0RL2
£355K05/210.39 mi51, Pretoria Road, Watford, Hertfordshire WD18 0RL2

Local Rents

58 rents from £1.1K/mo to £3.7K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,70004/250.07 mi-2
£1,65003/250.08 mi-2
£2,25004/250.11 mi-2
£2,15004/250.11 mi-2
£1,87502/240.14 mi-2
£1,90002/240.14 mi-2
£1,90002/240.14 mi-2
£1,87510/240.14 mi-2
£1,90002/240.14 mi-2
£1,87510/240.14 mi-2
£1,87510/240.14 mi-2
£1,87510/240.17 mi-2
£1,87510/240.17 miVicarage Road, London, WD182
£1,99003/250.18 mi-2
£1,79504/250.18 mi-2
£1,79503/250.18 mi-2
£1,75004/250.18 mi-2
£1,50010/240.18 miVicarage Road2
£2,20002/240.19 mi-2
£2,15001/250.19 mi-2
£1,80004/250.21 mi-2
£1,65001/250.22 mi-2
£1,70010/240.22 miKings Close, WATFORD2
£1,50010/240.23 miYork Road, WATFORD2
£1,75004/250.25 mi-2
£1,70002/250.25 mi-2
£1,70004/250.25 mi-2
£1,60010/240.25 mi-2
£1,60010/240.25 mi-2
£1,60002/250.26 mi-2
£1,69511/240.26 mi-2
£1,69511/240.26 mi-2
£1,69511/240.26 mi-2
£1,59502/250.27 mi-2
£1,10011/240.27 mi-2
£1,10011/240.27 mi-2
£1,59504/250.27 mi-2
£1,50010/240.27 miFarthing Close, Watford, Hertfordshire, WD182
£3,50010/240.27 mi-2
£3,70010/240.27 mi-2
£1,85002/240.27 mi-2
£3,10001/250.27 mi-2
£3,10001/250.27 mi-2
£1,35003/240.28 miSouldern Street, Watford, Hertfordshire, WD182
£1,50010/240.34 miMarket Street, Watford2
£1,65001/250.36 mi-2
£1,87503/250.39 mi-2
£1,75004/250.39 mi-2
£1,95010/240.39 miPretoria Road, Watford, WD182
£1,95010/240.39 mi-2
£1,60010/240.39 miDurban Road East, WATFORD2
£1,20001/250.39 mi-2
£3,00002/250.39 mi-2
£2,75001/250.39 mi-2
£1,90010/240.39 mi-2
£2,80001/250.41 mi-2
£2,80001/250.41 mi-2
£2,75004/250.41 mi-2

Local Area Statistics

Population in WD18

24,323

Population in Watford

117,094

Town centre distance

0.84 miles away

Nearest school

0.10 miles away

Nearest train station

0.31 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £450,000

November 4, 2024

Sold for £440,000

2022

Sold for £365,000

2019

Sold for £311,000

2016

Floor Plans

Description

  • Two bedroom, Edwardian terraced home +
  • 26ft open-plan living room/dining area with direct access onto kitchen and north-westerly facing rear garden +
  • Modern, galley kitchen with with neutral cabinetry and brushed chrome hardware +
  • Meticulously-finished family bathroom with freestanding tub and walk-in shower enclosure +
  • 10ft main bedroom with in-built storage +
  • On-street, residential parking +
  • Potential rental: £1,750.00 per calendar month +
  • 0.60 miles to Watford High Street Station +
  • Perfectly placed for all local amenities including schools, open space and close to the Atria shopping centre in Watford +
  • 678 sq.ft +

This beautifully renovated two-bedroom Edwardian terraced house on St. James Road masterfully combines modern living with classic charm. The exterior exudes character, featuring traditional London stock brick and pristine white windows with stylish shutters. A low-maintenance, monochrome-chequered tiled front garden leads to a striking pastel-pink front door, complete with an integrated door number set in the frosted glass above. Ideally located just a short stroll from Watford High Street, this property offers convenient access to a variety of amenities, including Watford High Street Station, which provides direct links to Central London and beyond. Upon entering, you are welcomed into a spacious open-plan living and dining area measuring an impressive 25’10” x 10’4”. This contemporary space showcases elegant original wood flooring and modern spotlights overhead. The living room features a charming open fireplace with exposed brick and renewed coving, while clever alcove storage maximises every inch of space. At the rear, the kitchen is accessible through the dining area which maintains a cohesive design, complemented by useful under stair storage and an additional fireplace. The kitchen itself is equipped with a full range of cabinetry and appliances, thoughtfully arranged for convenience and finished in a chic taupe palette with brushed chrome hardware and an arched tap. The ground floor also includes a practical W.C. and access to the north-westerly facing garden. Upstairs, the first floor features two well-appointed bedrooms. The main bedroom boasts a large north-westerly-facing window that floods the space with natural light, extensive built-in cabinetry, and access to a meticulously designed family bathroom. This luxurious bathroom includes a walk-in shower enclosure, a vessel sink, and a freestanding bathtub, with pastel blue panelling that beautifully complements the property’s style. To the rear, the north-westerly facing garden extends seamlessly from the house, centred around a well-maintained artificial lawn - perfect for relaxation or entertaining.

EPC Rating: D

Agent Details

Browns, covering Hertfordshire

020 8629 1756

Next Steps?

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