4 Bed Detached House, Refurb/BRRR, Watford, WD19 4LU, £829,950

Green Lane, Watford, WD19 4LU - 3 views - 3 months ago

Refurb/BRRR
~129 m²
+9 photos

ValuationOvervalued

Sold Prices£475K - £1.2M
Sold Prices/m²£3.6K/m² - £8.9K/m²

 

 

Square Metres

~129.26 m²
Price/m²£6.4K/m²

Value Estimate

£645,724

 

 

End Value (After Refurb)

£780,250

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£207,488

Stamp Duty & Legal Fees

£55,096

Refurb Costs

£68,381

Bridging Loan Interest

£21,786

Total Cash In

£354,501

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£780,250

Mortgage (After Refinance)

£585,188

Mortgage LTV

75%

Cash Left In

£354,501

Equity

£195,063

Rent Range

£1,900 - £4,750

Rent Estimate

£2,882

Running Costs/mo

£3,035

Cashflow/mo

£-153

Cashflow/yr

£-1,832

Gross Yield

4%

Local Sold Prices

50 sold prices from £475K to £1.2M, average is £706.5K. £3.6K/m² to £8.9K/m², average is £5.3K/m².

PriceDateDistanceAddressBeds 
£635K03/210.1 mi180, Oaklands Avenue, Watford, Hertfordshire WD19 4LQ4
£708K03/210.1 mi140, Oaklands Avenue, Watford, Hertfordshire WD19 4LQ4
£915K09/230.1 mi170, Oaklands Avenue, Watford, Hertfordshire WD19 4LQ4
£640K03/210.22 mi135, Oaklands Avenue, Watford, Hertfordshire WD19 4TN4
£785K05/210.23 mi29, Brookdene Avenue, Watford, Hertfordshire WD19 4LG4
£1.2M06/210.23 mi7a, Nancy Downs, Watford, Hertfordshire WD19 4NF4
£750K04/210.23 mi52, Brookdene Avenue, Watford, Hertfordshire WD19 4LF4
£800K07/230.23 mi54, Brookdene Avenue, Watford, Hertfordshire WD19 4LF4
£813.2K09/210.25 mi6, Meadowbank, Watford, Hertfordshire WD19 4NP4
£705K09/200.25 mi21, Meadowbank, Watford, Hertfordshire WD19 4NP4
£750K02/210.25 mi1a, Meadowbank, Watford, Hertfordshire WD19 4NP4
£560K01/210.27 mi1, The Pastures, Watford, Hertfordshire WD19 4RT4
£820K07/210.28 mi96, Hillcroft Crescent, Watford, Hertfordshire WD19 4NZ4
£475K08/230.35 mi24, The Hoe, Watford, Hertfordshire WD19 5AY4
£725K08/210.36 mi90, Oaklands Avenue, Watford, Hertfordshire WD19 4LW4
£882.5K08/230.36 mi50, Oaklands Avenue, Watford, Hertfordshire WD19 4LW4
£1.0M07/230.38 mi14, Woodwaye, Watford, Hertfordshire WD19 4NW4
£555K02/230.38 mi84, Fulford Grove, Watford, Hertfordshire WD19 7QG4
£1.2M05/220.38 mi34a, Watford Heath, Watford, Hertfordshire WD19 4EU4
£660K06/210.38 mi15, Oaklands Avenue, Watford, Hertfordshire WD19 4LN4
£485K04/210.4 mi32, Hayling Road, Watford, Hertfordshire WD19 7BW4
£950K03/210.41 mi40, Oxhey Road, Watford, Hertfordshire WD19 4QQ4
£830K03/230.42 mi43, Hillcroft Crescent, Watford, Hertfordshire WD19 4PB4
£932.5K04/210.42 mi53, Oxhey Road, Watford, Hertfordshire WD19 4QG4
£735K06/210.45 mi46, Hillcroft Crescent, Watford, Hertfordshire WD19 4NY4
£575K12/220.47 mi136, Fulford Grove, Watford, Hertfordshire WD19 7QL4
£693K12/220.48 mi25, Alva Way, Watford, Hertfordshire WD19 5EE4
£560K03/210.48 mi29, Alva Way, Watford, Hertfordshire WD19 5EE4
£735K09/200.49 mi51, Oxhey Avenue, Watford, Hertfordshire WD19 4HB4
£625K11/200.5 mi103, Hampermill Lane, Watford, Hertfordshire WD19 4NX4
£800K04/210.52 mi148, Oxhey Avenue, Watford, Hertfordshire WD19 4HA4
£735K07/230.52 mi100, Oxhey Avenue, Watford, Hertfordshire WD19 4HA4
£627K06/210.53 mi60, On The Hill, Watford, Hertfordshire WD19 5DR4
£900K03/210.53 mi46, Kingsfield Road, Watford, Hertfordshire WD19 4TR4
£610K10/210.53 mi40, Margeholes, Watford, Hertfordshire WD19 5AR4
£520K06/230.54 mi80, Margeholes, Watford, Hertfordshire WD19 5AR4
£575K12/200.56 mi135, Greenfield Avenue, Watford, Hertfordshire WD19 5DG4
£685K11/230.58 mi6, Oakview Close, Watford, Hertfordshire WD19 4RA4
£695K03/230.58 mi4, Oakview Close, Watford, Hertfordshire WD19 4RA4
£700K04/210.58 miPark End, Deacons Hill, Watford, Hertfordshire WD19 4HN4
£660K03/230.6 mi21, Elm Avenue, Watford, Hertfordshire WD19 4BD4
£760K07/210.6 mi3, The Coppice, Watford, Hertfordshire WD19 4HR4
£530K03/210.61 mi138, Penrose Avenue, Watford, Hertfordshire WD19 5AA4
£620K03/210.62 mi161, Hampermill Lane, Watford, Hertfordshire WD19 4TF4
£530K03/240.63 mi10, Upper Hitch, Watford, Hertfordshire WD19 5AW4
£505K06/210.63 mi8, Upper Hitch, Watford, Hertfordshire WD19 5AW4
£735K03/230.63 mi18, Upper Hitch, Watford, Hertfordshire WD19 5AW4
£915K08/220.63 mi7, Bucks Avenue, Watford, Hertfordshire WD19 4AR4
£480K04/210.65 mi12, Gosforth Lane, South Oxhey, Watford, Hertfordshire WD19 7SS4
£715K10/220.66 mi69, Greenfield Avenue, Watford, Hertfordshire WD19 5DJ4

Local Rents

21 rents from £1.9K/mo to £4.8K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£2,05011/240.05 mi-3
£2,87503/250.34 mi-4
£2,50010/240.38 miOaklands Avenue3
£2,80011/240.44 mi-3
£2,45003/250.45 mi-5
£4,75002/240.47 mi-6
£3,10010/240.47 mi-4
£3,10010/240.47 miGreen Lane, Watford, WD194
£2,99511/240.5 mi-4
£1,90001/250.51 mi-3
£3,95010/240.52 miPinner Road, Watford, WD195
£2,10002/250.54 mi-3
£2,10003/250.54 mi-3
£2,10002/250.54 mi-3
£2,35003/250.59 mi-3
£2,50002/240.6 mi-3
£3,50010/240.6 mi-3
£3,15001/250.6 mi-3
£2,95002/250.6 mi-3
£2,10010/240.62 mi-3
£2,10011/240.62 mi-3

Local Area Statistics

Population in WD19

27,274

Population in Watford

117,094

Town centre distance

1.86 miles away

Nearest school

0.40 miles away

Nearest train station

0.61 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+11%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £829,950

December 30, 2024

Floor Plans

Description

  • Detached House +
  • 4 Bedrooms +
  • Large Reception Room +
  • Open-Plan Kitchen/Dining Room +
  • Family Bathroom +
  • Garage +
  • Garden +
  • Off-street Parking +
  • Convenient Location +
  • Local Authority: Three Rivers District Council - Tax Band G. +

A wonderful four bedroom detached family home with driveway and garage, situated in a popular family location 0.6m from Oxhey Park and 0.5m from the highly regarded Bromet Primary School. Bushey Station is 0.8m from the property, providing Main Line and Overground services to London Euston. The house would benefit from some modernisation. The front door opens into a light and spacious entrance hall complete with a cloakroom W.C and basin. From the hall, the open-plan kitchen/dining room has a range of fitted units with some integrated appliances and laminate work top. There is plumbing in place for a dishwasher and washing machine. The sitting room provides generous entertaining space and stretches the full length of the house. Windows to the front, side and double French doors at the rear illuminate the room whilst the decorative fireplace makes for a charming centre piece. Stairs from the hall rise to the first floor landing from where the principal bedroom benefits from built-in wardrobes. There are three further bedrooms, one of which also has built-in wardrobes. The family bathroom has a modern three piece suite with shower attachment over the bath and tiled splash areas.

Outside

The property is set behind a mature hedge for privacy and has a paved driveway, attractive front garden and flowerbed. The garage has an up and over door with ample space for a car or storage space. There is gated side access to the secluded rear garden which has a patio area immediately behind the house, a beautiful mature lawn and hard standing for a shed or home office room.

Situation

Located in one of Watford’s most sought after areas, the town centre is approximately 2 miles away with comprehensive shopping at the Atria centre and Watford High Street. A wide selection of large supermarkets and big brand stores are also in close proximity. Transport facilities include main line services from Bushey and Carpenders Park stations to London Euston, both 0.8 miles from the house. The Metropolitan line is available from Moor Park & Watford with services to London Baker Street and the City. The area has an excellent selection of schools, both state and private. The M25, M1 & A41 are all easily accessible connecting to the national motorway network and airports.

Agent Details

Hamptons, Rickmansworth

01923 953168

Next Steps?

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