2 Bed Flat, Single Let, Rickmansworth, WD3 1GR, £325,000

Bury Lane, Rickmansworth, Hertfordshire, WD3 1GR - 2 months ago

Sold STC

BTL

ROI: 2%

~78 m²

+11 photos

ValuationUndervalued

Sold Prices	£150K - £525K
Sold Prices/m²	£3.5K/m² - £9.3K/m²

Square Metres	~77.76 m²
Price/m²	£4.2K/m²
Value Estimate	£393,250£393,250
BMV	21%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£81,250£81,250
Stamp Duty & Legal Fees	£23,700£23,700
Total Cash In	£104,950£104,950

Cash Out
Rent Range	£1,500 - £2,850£1,500 - £2,850
Rent Estimate	£1,500
Running Costs/mo	£1,336£1,336
Cashflow/mo	£164£164
Cashflow/yr	£1,973£1,973
ROI	2%2%
Gross Yield	6%6%

Local Sold Prices

32 sold prices from £150K to £525K, average is £342.5K. £3.5K/m² to £9.3K/m², average is £5.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£350K	05/21	0.1 mi	27, Bury Meadows, Rickmansworth, Hertfordshire WD3 1DR	£4,720	74	2	Flat
£386.5K	11/22	0.11 mi	39, Bury Meadows, Rickmansworth, Hertfordshire WD3 1DR	£5,651	68	2	Flat
£325K	01/21	0.11 mi	30, Bury Meadows, Rickmansworth, Hertfordshire WD3 1DR	£4,851	67	2	Flat
£325K	09/23	0.11 mi	22, Bury Meadows, Rickmansworth, Hertfordshire WD3 1DR	£4,788	68	2	Flat
£300K	04/23	0.13 mi	4, Norfolk Road, Rickmansworth, Hertfordshire WD3 1QE	-	-	2	Flat
£320K	06/23	0.16 mi	Flat 33, Hutchings Lodge, High Street, Rickmansworth, Hertfordshire WD3 1EY	-	-	2	Flat
£300.1K	05/21	0.16 mi	Flat 41, Hutchings Lodge, High Street, Rickmansworth, Hertfordshire WD3 1EY	-	-	2	Flat
£305K	02/21	0.16 mi	Flat 42, Hutchings Lodge, High Street, Rickmansworth, Hertfordshire WD3 1EY	-	-	2	Flat
£340K	06/21	0.2 mi	81, Church Street, Rickmansworth, Hertfordshire WD3 1JF	£4,595	74	2	Flat
£360K	03/21	0.23 mi	Flat 2, Webster Court, Wharf Lane, Rickmansworth, Hertfordshire WD3 1HA	-	-	2	Flat
£352K	03/21	0.23 mi	38, Skidmore Way, Rickmansworth, Hertfordshire WD3 1TA	£3,515	100	2	Flat
£380K	12/22	0.23 mi	Flat 14, Webster Court, Wharf Lane, Rickmansworth, Hertfordshire WD3 1HA	-	-	2	Flat
£400K	02/23	0.24 mi	Flat 1, Webster Court, Wharf Lane, Rickmansworth, Hertfordshire WD3 1HA	-	-	2	Flat
£465K	06/23	0.26 mi	1, Rectory Road, Rickmansworth, Hertfordshire WD3 1FH	£9,300	50	2	Flat
£415K	04/21	0.27 mi	54, Salters Close, Rickmansworth, Hertfordshire WD3 1HH	£5,929	70	2	Flat
£405K	01/21	0.27 mi	65, Salters Close, Rickmansworth, Hertfordshire WD3 1HH	£6,429	63	2	Flat
£382.5K	06/21	0.27 mi	36, Salters Close, Rickmansworth, Hertfordshire WD3 1HH	-	-	2	Flat
£390K	10/20	0.27 mi	Flat 4, Chiltern Rise, Rectory Road, Rickmansworth, Hertfordshire WD3 1GD	-	-	2	Flat
£480K	06/21	0.34 mi	3, The Quadrant, Rickmansworth, Hertfordshire WD3 1GL	£4,528	106	2	Flat
£250K	11/20	0.34 mi	34, The Quadrant, Rickmansworth, Hertfordshire WD3 1GL	£4,310	58	2	Flat
£311K	11/23	0.34 mi	38, The Quadrant, Rickmansworth, Hertfordshire WD3 1GL	£5,183	60	2	Flat
£525K	02/21	0.37 mi	10a, Nightingale Road, Rickmansworth, Hertfordshire WD3 7DF	£5,769	91	2	Flat
£400K	06/21	0.69 mi	67, Windmill Drive, Croxley Green, Rickmansworth, Hertfordshire WD3 3FB	£6,780	59	2	Flat
£335K	11/20	0.7 mi	46, West Way, Rickmansworth, Hertfordshire WD3 7EN	£5,678	59	2	Flat
£294K	12/22	0.82 mi	Flat 10, Vine Tree Court, St Peters Close, Mill End, Rickmansworth, Hertfordshire WD3 8QY	-	-	2	Flat
£328K	04/21	0.82 mi	Flat 22, Vine Tree Court, St Peters Close, Mill End, Rickmansworth, Hertfordshire WD3 8QY	£6,560	50	2	Flat
£327.5K	04/21	0.82 mi	Flat 29, Vine Tree Court, St Peters Close, Mill End, Rickmansworth, Hertfordshire WD3 8QY	-	-	2	Flat
£317.5K	02/23	0.82 mi	Flat 11, Vine Tree Court, St Peters Close, Mill End, Rickmansworth, Hertfordshire WD3 8QY	-	-	2	Flat
£345K	12/22	0.91 mi	Flat 5, St. Johns Court, Berry Lane, Rickmansworth, Hertfordshire WD3 7HU	-	-	2	Flat
£328K	09/21	0.92 mi	Flat 4, St. Johns Court, Berry Lane, Rickmansworth, Hertfordshire WD3 7HU	-	-	2	Flat
£360K	04/21	0.92 mi	Flat 3, St. Johns Court, Berry Lane, Rickmansworth, Hertfordshire WD3 7HU	-	-	2	Flat
£150K	11/22	0.97 mi	Flat 1, Magisters Lodge, Watford Road, Croxley Green, Rickmansworth, Hertfordshire WD3 3SZ	-	-	2	Flat

Local Rents

27 rents from £1.5K/mo to £2.9K/mo, average is £1.8K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,500	10/24	0.06 mi	Ebury Road, Rickmansworth	2	Flat
£1,650	10/24	0.09 mi	Penn Place, Northway, Rickmansworth, Hertfordshire, WD3 1QA	2	Flat
£1,750	12/24	0.09 mi	-	2	Flat
£1,900	02/25	0.09 mi	-	2	Flat
£1,900	03/25	0.1 mi	-	2	Flat
£1,600	04/25	0.1 mi	-	2	Flat
£1,750	03/25	0.1 mi	-	2	Flat
£1,800	10/24	0.11 mi	Station Road, Rickmansworth	2	Flat
£1,775	10/24	0.11 mi	-	2	Flat
£1,650	12/24	0.12 mi	-	2	Flat
£1,795	10/24	0.12 mi	-	2	Flat
£1,600	10/24	0.12 mi	Penn Place, Rickmansworth	2	Flat
£1,800	10/24	0.13 mi	Church Street, Rickmansworth, Hertfordshire, WD3	2	Flat
£1,500	10/24	0.13 mi	Norfolk Road, Rickmansworth, Hertfordshire, WD3	2	Flat
£1,500	10/24	0.13 mi	Carlton House, Rickmansworth	2	Flat
£1,700	10/24	0.16 mi	Norfolk Road, Rickmansworth, Hertfordshire, WD3	2	Flat
£1,850	10/24	0.17 mi	High Street, Rickmansworth	2	Flat
£1,650	10/24	0.18 mi	Norfolk Road, Rickmansworth, Hertfordshire, WD3 1LA	2	Terraced House
£1,850	10/24	0.21 mi	Wharf Lane, Rickmansworth, WD3	2	Flat
£2,250	03/25	0.21 mi	-	2	Terraced House
£1,650	10/24	0.23 mi	-	2	Flat
£1,700	10/24	0.23 mi	Wharf Lane, Rickmansworth, WD3	2	Flat
£1,800	10/24	0.24 mi	Wharf Lane, Webster Court Wharf Lane, WD3	2	Flat
£1,800	12/24	0.26 mi	-	2	Terraced House
£1,900	03/25	0.27 mi	-	2	Flat
£1,700	10/24	0.3 mi	-	2	Flat
£2,850	02/25	0.38 mi	-	2	Terraced House

Local Area Statistics

Population in WD3	40,83140,831
Population in Rickmansworth	40,83240,832
Town centre distance	0.39 miles away0.39 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.19 miles away0.19 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+1%+1%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+6%+6%

Property History

Price changed to £325,000

February 24, 2025

Listed for £350,000

January 20, 2025

Floor Plans

Description

Larger than Average Top Floor Apartment +
Chain Free +
Two Double Bedrooms/Two Bathrooms +
Spacious Reception Room +
Fitted Kitchen +
Shared of Freehold +
£1,200 Service Charge PA +
Residents Parking & Communal Gardens +
837 Sq Ft (77.7 Sq M) +
Council Tax Band E. EPC Rating C. +

Presenting this stylish, modern larger than average top-floor apartment which is beautifully designed with contemporary finishes, creating a welcoming atmosphere and located in a sought-after area. Offered to the market chain free.

This property boasts two well-proportioned bedrooms, with the principal having built in wardrobes and an en-suite shower room. A separate family bathroom is located off the hallway.

The open-plan kitchen and reception area offer a fantastic space for entertaining guests or enjoying quality time with loved ones.

The apartment is ideal for a small family or professionals looking for a spacious living space with the added benefit of residents parking for convenience.

Situated in a prime location, this apartment offers easy access to local amenities, transport links, and schools.

Agent Details

Gibbs Gillespie, Rickmansworth Sales

01923 961356

Next Steps?

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

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ValuationUndervalued

CashflowsOpen in Analyser

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Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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Cashflows

Local Sold Prices

Local Rents