7 Bed Semi-Detached House, Refurb/BRRR, Watford, WD17 3AB, £1,450,000

Cassiobury Drive, Watford, WD17 3AB - 1 views - 4 months ago

Refurb/BRRR
~370 m²
+22 photos

ValuationFair Value

Sold Prices£995K - £2.3M
Sold Prices/m²£3.9K/m² - £7K/m²

 

 

Square Metres

~369.69 m²
Price/m²£3.9K/m²

Value Estimate

£1,464,500

 

 

End Value (After Refurb)

£1,859,135

Uplift in Value

+28%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£362,500

Stamp Duty & Legal Fees

£130,950

Refurb Costs

£195,632

Bridging Loan Interest

£38,063

Total Cash In

£728,894

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£1,859,135

Agent Fees (1%)

£18,591

Bridging Loan

£1,087,500

Bridging Loan Interest

£38,063

Flip Profit

£24,149

Local Sold Prices

5 sold prices from £995K to £2.3M, average is £1.8M. £3.9K/m² to £7K/m², average is £4.5K/m².

PriceDateDistanceAddressBeds 
£995K06/210.37 mi33, Alexandra Road, Watford, Hertfordshire WD17 4QX7
£2.1M06/232.54 mi50, Wolsey Road, Northwood, Hertfordshire HA6 2EN7
£1.4M03/212.63 mi15, The Fairway, Northwood, Hertfordshire HA6 3DZ7
£1.8M03/212.86 mi7, Heathside Close, Northwood, Hertfordshire HA6 2EQ7
£2.3M03/212.9 mi1, Hayward Copse, Loudwater, Rickmansworth, Hertfordshire WD3 4GX7

Local Rents

15 rents from £1.6K/mo to £3.5K/mo, average is £2.2K/mo.

RentDateDistanceAddressBeds 
£1,95003/250.2 mi-3
£2,40003/250.21 mi-3
£1,89910/240.36 mi-3
£1,95010/240.41 miMildred Avenue3
£2,35010/240.46 miWatford, Hertfordshire, WD183
£3,50003/250.47 mi-4
£2,25012/240.51 mi-4
£1,80003/250.54 mi-3
£1,90010/240.55 miClose To Watford Hospital & Town Centre3
£2,40001/250.57 mi-4
£2,30010/240.57 mi-4
£2,15002/250.58 mi-3
£1,65010/240.6 mi-3
£2,35010/240.61 miWestbury Road3
£2,20010/240.61 miRembrandt Way, Watford, WD183

Local Area Statistics

Population in WD17

15,825

Population in Watford

117,094

Town centre distance

0.36 miles away

Nearest school

0.20 miles away

Nearest train station

0.49 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+32%

Sales demand

Balanced market

Capital growth (5yrs)

+10%

Property History

Listed for £1,450,000

November 19, 2024

Floor Plans

Description

  • Seven spacious double bedrooms +
  • Five modern bathrooms +
  • Superb Finish +
  • Large entrance hall with galleried landing +
  • Modern Kitchen +
  • Expansive garden with gym outbuilding +
  • Prime Location +
  • No upper chain +

Proffitt & Holt are delighted to present this impressive seven-bedroom, five-bathroom, semi-detached property, located in the prestigious Cassiobury Estate. Recently renovated to a high standard, this exceptional home spans three floors and offers ample space for modern family living. As you enter, you’re welcomed by a spacious entrance hall featuring a striking galleried landing with an elegant chandelier at its centre. A versatile open room currently serves as a space for a pool table, setting the tone for the property’s stylish and modern design. The ground floor provides a further two generously sized reception rooms. The front reception room features contemporary design and feature lighting, creating a comfortable, relaxed environment. The second reception room at the rear opens onto the expansive garden through folding doors, perfect for indoor-outdoor entertaining. The sleek, modern kitchen boasts marble worktops, high-end appliances, and a central island with a gas hob and extractor above. With its direct garden access, the kitchen is ideal for hosting and daily family life. Upstairs, each of the seven double bedrooms offers spacious accommodation, and all are finished to a high standard. This home exudes a clean, stylish aesthetic throughout, with no detail overlooked in its comprehensive renovation. The garden features a large outbuilding, currently utilised as a gym, providing extra versatile space. The property also benefits from a driveway with parking for multiple vehicles. Located within walking distance of the town centre, Cassiobury Park, and the Met Line station, this property combines luxurious family living with easy access to amenities. Offered with no upper chain. For further details or to arrange a viewing, please contact Proffitt & Holt.

EPC Rating: C

Agent Details

Proffitt & Holt Partnership, Watford

01923 961129

Next Steps?

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