4 Bed Semi-Detached House, Refurb/BRRR, Watford, WD17 3BD, £925,000

Watford, Hertfordshire, WD17 3BD - 5 views - 2 months ago

Refurb/BRRR
~129 m²
+14 photos

ValuationOvervalued

Sold Prices£520K - £1.6M
Sold Prices/m²£3.9K/m² - £9.3K/m²

 

 

Square Metres

~129.26 m²
Price/m²£7.2K/m²

Value Estimate

£731,000

 

 

End Value (After Refurb)

£817,650

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£231,250

Stamp Duty & Legal Fees

£62,700

Refurb Costs

£68,400

Bridging Loan Interest

£24,281

Total Cash In

£388,381

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£817,650

Mortgage (After Refinance)

£613,237

Mortgage LTV

75%

Cash Left In

£388,381

Equity

£204,412

Rent Range

£1,850 - £2,799

Rent Estimate

£2,358

Running Costs/mo

£3,047

Cashflow/mo

£-689

Cashflow/yr

£-8,265

Gross Yield

3%

Local Sold Prices

50 sold prices from £520K to £1.6M, average is £950K. £3.9K/m² to £9.3K/m², average is £6.4K/m².

PriceDateDistanceAddressBeds 
£780K01/210.06 mi12, Harford Drive, Watford, Hertfordshire WD17 3DG4
£777.5K02/210.06 mi24, Harford Drive, Watford, Hertfordshire WD17 3DG4
£960K01/230.06 mi20, Harford Drive, Watford, Hertfordshire WD17 3DG4
£950K10/220.06 mi22, Harford Drive, Watford, Hertfordshire WD17 3DG4
£765K08/230.08 mi252, Cassiobury Drive, Watford, Hertfordshire WD17 3AP4
£950K07/230.08 mi33, Devereux Drive, Watford, Hertfordshire WD17 3DD4
£1.6M08/220.08 mi29, Devereux Drive, Watford, Hertfordshire WD17 3DD4
£1.3M03/230.08 mi75, Harford Drive, Watford, Hertfordshire WD17 3DQ4
£865K06/210.08 mi3, Harford Drive, Watford, Hertfordshire WD17 3DQ4
£950K08/230.08 mi55, Harford Drive, Watford, Hertfordshire WD17 3DQ4
£1.4M09/230.08 mi91, Harford Drive, Watford, Hertfordshire WD17 3DQ4
£1.6M10/200.15 mi201, Hempstead Road, Watford, Hertfordshire WD17 3HG4
£1.3M01/230.16 mi19, Langley Way, Watford, Hertfordshire WD17 3EJ4
£785K12/200.18 mi42, Bellmount Wood Avenue, Watford, Hertfordshire WD17 3BW4
£580K06/210.2 mi3, Melrose Place, Watford, Hertfordshire WD17 4LN4
£575K02/210.2 mi15, Melrose Place, Watford, Hertfordshire WD17 4LN4
£1.1M08/220.21 mi121, Woodland Drive, Watford, Hertfordshire WD17 3DA4
£1.5M03/210.21 mi144, Cassiobury Drive, Watford, Hertfordshire WD17 3AJ4
£954K09/220.21 mi133, Woodland Drive, Watford, Hertfordshire WD17 3DA4
£995K02/210.22 mi66, Devereux Drive, Watford, Hertfordshire WD17 3DE4
£767.5K10/210.22 mi81, Langley Way, Watford, Hertfordshire WD17 3FA4
£973K09/210.23 mi49, Orchard Drive, Watford, Hertfordshire WD17 3DX4
£827.5K05/230.26 mi15, Wentworth Close, Watford, Hertfordshire WD17 4LW4
£907.5K11/200.26 mi3, Mandeville Close, Watford, Hertfordshire WD17 4SF4
£835K03/210.26 mi2, Mandeville Close, Watford, Hertfordshire WD17 4SF4
£800K04/210.27 mi10, Mandeville Close, Watford, Hertfordshire WD17 4SF4
£1.0M07/220.27 mi20, Orchard Drive, Watford, Hertfordshire WD17 3DY4
£960K01/210.28 mi139, Hempstead Road, Watford, Hertfordshire WD17 3HF4
£980K03/220.29 mi5, Mandeville Close, Watford, Hertfordshire WD17 4SF4
£910K10/200.3 mi115a, Langley Road, Watford, Hertfordshire WD17 4RP4
£1.0M08/220.3 mi2, Richmond Drive, Watford, Hertfordshire WD17 3BG4
£822.5K04/230.3 mi34, Richmond Drive, Watford, Hertfordshire WD17 3BG4
£895K09/220.32 mi1, Priory Fields, Watford, Hertfordshire WD17 4YP4
£520K11/200.33 mi78, Grandfield Avenue, Watford, Hertfordshire WD17 4RW4
£920K12/200.33 mi108, Woodland Drive, Watford, Hertfordshire WD17 3LB4
£862.5K10/210.35 mi19, Lingfield Way, Watford, Hertfordshire WD17 4UW4
£1.1M06/230.35 mi16, Nascot Wood Road, Watford, Hertfordshire WD17 4SA4
£700K06/230.36 mi18, Molteno Road, Watford, Hertfordshire WD17 4UD4
£825.5K12/200.41 mi1, Ridgefield, Watford, Hertfordshire WD17 4TZ4
£1.2M06/210.43 mi51, The Gardens, Watford, Hertfordshire WD17 3DN4
£965K08/230.43 mi19, Orchard Close, Watford, Hertfordshire WD17 3DU4
£1.3M06/210.46 mi10, Garden Close, Watford, Hertfordshire WD17 3DP4
£1.0M05/230.46 mi98, Cassiobury Drive, Watford, Hertfordshire WD17 3AQ4
£888.1K02/230.47 mi11, Langwood Gardens, Watford, Hertfordshire WD17 4PD4
£855K06/210.47 mi49, Woodland Drive, Watford, Hertfordshire WD17 3BY4
£900K03/230.47 mi65, Woodland Drive, Watford, Hertfordshire WD17 3BY4
£860K01/210.47 mi12, Juniper Grove, Watford, Hertfordshire WD17 4RZ4
£1.2M09/220.47 mi18, Baytree Walk, Watford, Hertfordshire WD17 4YX4
£1.3M12/200.47 mi98, Langley Road, Watford, Hertfordshire WD17 4PJ4
£1.3M08/210.47 mi98, Langley Road, Watford, Hertfordshire WD17 4PJ4

Local Rents

11 rents from £1.9K/mo to £2.8K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£2,60010/240.14 mi-3
£1,85002/240.21 mi-3
£2,79910/240.25 mi-4
£2,00011/240.28 mi-3
£2,00011/240.28 mi-3
£1,99011/240.28 mi-3
£2,60011/240.3 mi-3
£2,65012/240.3 mi-3
£2,25010/240.35 mi-3
£2,70012/240.46 mi-4
£2,50012/240.6 mi-4

Local Area Statistics

Population in WD17

15,825

Population in Watford

117,094

Town centre distance

0.91 miles away

Nearest school

0.20 miles away

Nearest train station

0.81 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+32%

Sales demand

Balanced market

Capital growth (5yrs)

+10%

Property History

Listed for £925,000

January 21, 2025

Description

  • Sought After Cassiobury Estate Location +
  • Semi Detached Family Home +
  • Four Bedrooms +
  • Spacious Reception Rooms +
  • Kitchen & Separate Breakfast Room +
  • In Need Of Modernisation +
  • Garage & Off Street Parking +
  • Sizeable Rear Garden +

CASSIOBURY ESTATE - Rolstons presents this four bedroom family home in this sought-after location offering spacious accommodation throughout over three floors. In need of modernisation throughout with a sizeable private garden, garage and driveway providing off street parking.

Residing next to the Chiltern Hills is Watford, one of the major commuter boroughs in Hertfordshire, an ideal location for those who wish to balance a relaxing home life out of the city with the fast and frequent rail connections to work in London.

Transport facilities include Main Line services from Watford Junction into London Euston and Watford Metropolitan Line Baker Street and The City. The A41 junction for links to the M25 is within easy reach connecting to national motorways and airports. There is an outstanding selection of both state and private education including Watford Boys and Girls Grammar Schools, Cassiobury Junior School and York House, among others.

Cassiobury Park provides over 190 acres of open space and woodland with a variety of sport and recreation facilities. The luxurious Grove Country Club is nearby offering a spa, golf course, bars and restaurants.

Agent Details

Rolstons, covering Hertfordshire

01923 775000

Next Steps?

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