2 Bed Flat, Single Let, Watford, WD25 9FH, £300,000

St. Albans Road, Garston, Watford, WD25 9FH - 2 months ago

Leasehold
BTL
ROI: 2%
~65 m²
+4 photos

ValuationUndervalued

Sold Prices£115K - £585K
Sold Prices/m²£2.3K/m² - £6.1K/m²

 

 

Square Metres

~65.10 m²
Price/m²£4.6K/m²

Value Estimate

£308,368
BMV3%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£18,700

Total Cash In

£93,700

 

 

Cash Out

 

Rent Range

£1,200 - £2,750

Rent Estimate

£1,350

Running Costs/mo

£1,228

Cashflow/mo

£123

Cashflow/yr

£1,470

ROI

2%

Gross Yield

5%

Local Sold Prices

45 sold prices from £115K to £585K, average is £274K. £2.3K/m² to £6.1K/m², average is £4.7K/m².

PriceDateDistanceAddressBeds 
£312K05/210.07 mi22, Kilby Close, Watford, Hertfordshire WD25 9FJ2
£300K09/230.07 mi18, Kilby Close, Watford, Hertfordshire WD25 9FJ2
£315K01/240.19 mi7, Holtsmere Close, Watford, Hertfordshire WD25 9NG2
£585K08/230.25 mi3, Crown Rise, Watford, Hertfordshire WD25 0NE2
£205K03/230.28 miFlat 15, Jewell Court, Crown Rise, Watford, Hertfordshire WD25 0NZ2
£220K07/230.28 miFlat 18, Jewell Court, Crown Rise, Watford, Hertfordshire WD25 0NZ2
£225K07/230.28 miFlat 13, Jewell Court, Crown Rise, Watford, Hertfordshire WD25 0NZ2
£272K06/230.32 mi33, Heronslea, Watford, Hertfordshire WD25 9PN2
£290K11/230.32 mi53, Heronslea, Watford, Hertfordshire WD25 9PN2
£290K01/210.35 mi2, Bovingdon Crescent, Watford, Hertfordshire WD25 9RA2
£284K04/210.42 mi64, Trevellance Way, Watford, Hertfordshire WD25 0LZ2
£290K04/210.42 mi59, Trevellance Way, Watford, Hertfordshire WD25 0LZ2
£265K12/220.42 mi16, Tibbles Close, Watford, Hertfordshire WD25 9SU2
£235K01/210.43 mi34, Purbrock Avenue, Watford, Hertfordshire WD25 0AD2
£230K01/210.43 miFlat 22, The Gables, North Orbital Road, Watford, Hertfordshire WD25 0RP2
£306K12/220.45 mi19, Harvest End, Watford, Hertfordshire WD25 9UB2
£285K03/210.45 mi54, Trevellance Way, Watford, Hertfordshire WD25 0LY2
£285K11/200.45 mi55, Trevellance Way, Watford, Hertfordshire WD25 0LY2
£269K08/210.45 mi8, Trevellance Way, Watford, Hertfordshire WD25 0LY2
£285K03/210.45 mi54, Trevellance Way, Watford, Hertfordshire WD25 0LY2
£278K08/230.47 mi20, North Western Avenue, Watford, Hertfordshire WD25 0AE2
£215K09/230.55 mi114, Peregrine Close, Watford, Hertfordshire WD25 9AQ2
£245K11/220.55 mi84, Peregrine Close, Watford, Hertfordshire WD25 9AQ2
£295K09/210.56 mi6, The Glebe, Watford, Hertfordshire WD25 0LR2
£262.5K11/220.56 mi20, The Glebe, Watford, Hertfordshire WD25 0LR2
£286K03/210.58 mi14, West Drive, Watford, Hertfordshire WD25 0AL2
£270K05/210.59 mi17, Lych Gate, Watford, Hertfordshire WD25 0LS2
£244K07/230.6 mi98b, Berry Avenue, Watford, Hertfordshire WD24 6RY2
£265K08/210.61 mi17, The Glebe, Watford, Hertfordshire WD25 0LT2
£300K10/210.64 mi38, Butterwick, Watford, Hertfordshire WD25 9SD2
£180K03/210.65 mi468a, St Albans Road, Watford, Hertfordshire WD24 6QU2
£270K10/200.69 mi111a, North Approach, Watford, Hertfordshire WD25 0EP2
£220K07/210.69 mi31, Gladesmere Court, Watford, Hertfordshire WD24 6LX2
£115K02/210.69 mi11, Gladesmere Court, Watford, Hertfordshire WD24 6LX2
£309K09/210.73 mi2, Beechwood Rise, Watford, Hertfordshire WD24 6SF2
£274K02/210.79 mi396b, St Albans Road, Watford, Hertfordshire WD24 6PJ2
£235K09/210.8 mi25, Brushrise, Watford, Hertfordshire WD24 6SZ2
£211K12/220.8 mi45, Brushrise, Watford, Hertfordshire WD24 6SZ2
£273K10/220.81 mi92b, Southwold Road, Watford, Hertfordshire WD24 7FH2
£300K06/210.88 mi40, Linden Lea, Watford, Hertfordshire WD25 7DR2
£315K04/210.91 mi53, Redheath Close, Watford, Hertfordshire WD25 7AH2
£305K12/200.94 mi151, High Road, Leavesden, Watford, Hertfordshire WD25 7AP2
£305K12/200.94 mi151, High Road, Leavesden, Watford, Hertfordshire WD25 7AP2
£237.5K06/230.94 mi326a, St Albans Road, Watford, Hertfordshire WD24 6PQ2
£310K10/220.94 mi111, High Road, Leavesden, Watford, Hertfordshire WD25 7LL2

Local Rents

32 rents from £1.2K/mo to £2.8K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,45010/240.28 miEvolution, 839-847 St. Albans Road, Watford2
£1,40010/240.28 miJewel Court, Crown Rise2
£1,35007/240.29 mi-2
£1,50003/250.29 mi-2
£1,35003/250.29 mi-2
£1,40010/240.31 miCrown Rise, Watford, Hertfordshire, WD252
£2,75002/250.32 mi-2
£1,60010/240.32 mi-2
£1,50010/240.34 miCezanne Road, Watford, WD252
£1,45010/240.36 miDa Vinci Court, Cezanne Road, Garston, Watford, WD252
£1,55010/240.36 miCezanne Road, WATFORD2
£1,70012/240.36 mi-2
£1,70012/240.36 mi-2
£1,60010/240.36 miRubens Court, Cezanne Road, Watford, Hertfordshire, WD252
£1,65010/240.37 mi-2
£1,50003/250.39 mi-2
£1,50003/250.39 mi-2
£1,59009/240.4 mi-2
£1,50010/240.42 miPurbrock Avenue, Watford2
£1,55010/240.43 miTrevellance Way, Watford2
£1,20001/250.46 mi-2
£1,67512/240.47 mi-2
£1,69510/240.47 miHarvest Court, York Way, Watford2
£1,85002/240.47 mi-2
£1,45002/240.51 mi-2
£1,35010/240.52 miAbbey View, Garsmouth Way, Watford2
£1,40012/240.54 mi-2
£1,40010/240.55 miPeregrine Close, Watford, Hertfordshire, WD252
£1,45010/240.58 miGarsmouth Way, Watford, Hertfordshire, WD252
£1,75010/240.6 miNorth Western Avenue, WATFORD2
£1,86310/240.61 miBurrell House, 445 St Albans Road, Watford2
£2,00010/240.62 mi-2

Local Area Statistics

Population in WD25

27,708

Population in Watford

117,094

Town centre distance

1.81 miles away

Nearest school

0.20 miles away

Nearest train station

0.23 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+12%

Sales demand

Balanced market

Capital growth (5yrs)

+23%

Property History

Listed for £300,000

January 16, 2025

Floor Plans

Description

  • 2 Double Bedrooms +
  • Garage +
  • 100+ year lease +
  • Large Lounge +
  • Gas central hearting +
  • 18'+ lounge +
  • Large kitchen/breakfast room +

This ENORMOUS 2 DOUBLE BEDROOM FIRST FLOOR APARTMENT+ GARAGE AND ALLOCATED PARKING SPACE eclipses similar properties on the market.
The property is ideally situated being within easy reach of shops, schools and bus routes and for the commuter there is excellent access to the major road links M1, M25, A41 and A405.

Agent Details

Claytons Estate Agents, Garston

01923 961671

Next Steps?

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