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3 Bed Detached House, Refurb/BRRR, Watford, WD17 4SH, £875,000

10 Birch Tree Walk, Watford, WD17 4SH - 3 views - 2 months ago

Sold STC
Refurb/BRRR
~93 m²
+30 photos

ValuationOvervalued

Sold Prices£347K - £1.0M
Sold Prices/m²£3.3K/m² - £8.3K/m²

 

 

Square Metres

~93 m²
Price/m²£9.4K/m²

Value Estimate

£504,021

 

 

End Value (After Refurb)

£861,250

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£218,750

Stamp Duty & Legal Fees

£60,700

Refurb Costs

£49,214

Bridging Loan Interest

£22,969

Total Cash In

£353,382

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£861,250

Mortgage (After Refinance)

£645,938

Mortgage LTV

75%

Cash Left In

£353,382

Equity

£215,313

Rent Range

£1,600 - £2,650

Rent Estimate

£2,009

Running Costs/mo

£3,113

Cashflow/mo

£-1,104

Cashflow/yr

£-13,250

Gross Yield

3%

Local Sold Prices

50 sold prices from £347K to £1.0M, average is £550K. £3.3K/m² to £8.3K/m², average is £5.5K/m².

PriceDateDistanceAddressBeds 
£767.5K02/210.08 mi30, Tunnel Wood Road, Watford, Hertfordshire WD17 4WN3
£775K04/210.13 mi21a, Tunnel Wood Close, Watford, Hertfordshire WD17 4SW3
£1.0M02/240.13 mi25, Tunnel Wood Close, Watford, Hertfordshire WD17 4SW3
£475K04/210.18 miRonda, Leaford Crescent, Watford, Hertfordshire WD24 5TW3
£735K07/230.2 mi7, Juniper Grove, Watford, Hertfordshire WD17 4RZ3
£615K12/230.21 mi27, Leaford Crescent, Watford, Hertfordshire WD24 5JQ3
£534.5K06/210.21 mi55, Leaford Crescent, Watford, Hertfordshire WD24 5JQ3
£520K01/240.21 mi37, Leaford Crescent, Watford, Hertfordshire WD24 5JQ3
£560K12/220.24 mi127, Gammons Lane, Watford, Hertfordshire WD24 5JD3
£540K11/200.26 mi67, Sussex Road, Watford, Hertfordshire WD24 5HR3
£522K02/220.26 mi103, Sussex Road, Watford, Hertfordshire WD24 5HR3
£537K06/210.28 mi76, Leaford Crescent, Watford, Hertfordshire WD24 5JG3
£560K01/230.28 mi167, Gammons Lane, Watford, Hertfordshire WD24 5JE3
£625K03/220.28 mi177, Gammons Lane, Watford, Hertfordshire WD24 5JE3
£420K12/220.29 mi65, Ashby Road, Watford, Hertfordshire WD24 5HS3
£610K02/210.29 mi20, The Ridgeway, Watford, Hertfordshire WD17 4TN3
£460K02/240.29 mi16, Elm Grove, Watford, Hertfordshire WD24 5NA3
£500K06/210.3 miElestra, Leaford Crescent, Watford, Hertfordshire WD24 5JG3
£500K06/210.3 miElestra, Leaford Crescent, Watford, Hertfordshire WD24 5JG3
£373K12/200.31 mi29, Ashby Road, Watford, Hertfordshire WD24 5HS3
£670K11/200.32 mi37, The Ridgeway, Watford, Hertfordshire WD17 4TH3
£730K09/220.32 mi27, Swiss Avenue, Watford, Hertfordshire WD18 7LL3
£600K03/210.33 mi156, Gammons Lane, Watford, Hertfordshire WD24 5HY3
£565K11/230.33 mi126a, Gammons Lane, Watford, Hertfordshire WD24 5HY3
£400K10/200.34 mi199, Gammons Lane, Watford, Hertfordshire WD24 5JJ3
£347K01/240.35 mi6, Brighton Road, Watford, Hertfordshire WD24 5HW3
£376.6K01/210.35 mi1, Sussex Road, Watford, Hertfordshire WD24 5HL3
£651K08/210.35 mi120, Ridge Lane, Watford, Hertfordshire WD17 4SY3
£420K03/230.36 mi29, Brighton Road, Watford, Hertfordshire WD24 5HN3
£393K12/220.38 mi44, Jubilee Road, Watford, Hertfordshire WD24 5HH3
£420K02/210.38 mi62, Jubilee Road, Watford, Hertfordshire WD24 5HH3
£409K06/210.38 mi23, Jubilee Road, Watford, Hertfordshire WD24 5HJ3
£745K08/210.38 mi35, Courtlands Drive, Watford, Hertfordshire WD17 4HU3
£600K12/230.39 mi6, Priory Fields, Watford, Hertfordshire WD17 4YP3
£610K01/210.39 mi8, Priory Fields, Watford, Hertfordshire WD17 4YP3
£610K06/230.39 mi9, Priory Fields, Watford, Hertfordshire WD17 4YP3
£880K09/220.39 mi26, Glen Way, Watford, Hertfordshire WD17 3JL3
£880K06/230.39 mi35, Devereux Drive, Watford, Hertfordshire WD17 3DD3
£610K05/220.39 mi3, Courtlands Drive, Watford, Hertfordshire WD17 4HS3
£665K12/210.4 mi44, Courtlands Drive, Watford, Hertfordshire WD17 4HT3
£760K12/220.4 mi32, Courtlands Drive, Watford, Hertfordshire WD17 4HT3
£395K06/210.41 mi42, Diamond Road, Watford, Hertfordshire WD24 5EW3
£390K05/230.41 mi26, Diamond Road, Watford, Hertfordshire WD24 5EW3
£380K01/210.41 mi16, Diamond Road, Watford, Hertfordshire WD24 5EW3
£775K11/200.42 mi3, Roughwood Close, Watford, Hertfordshire WD17 3HN3
£385K06/210.42 mi43, Diamond Road, Watford, Hertfordshire WD24 5EN3
£425K09/230.42 mi3, Diamond Road, Watford, Hertfordshire WD24 5EN3
£475K11/220.44 mi47, Woodside, Watford, Hertfordshire WD24 6QT3
£480K12/230.44 mi31, Woodside, Watford, Hertfordshire WD24 6QT3
£875K10/220.44 mi52, Harford Drive, Watford, Hertfordshire WD17 3DG3

Local Rents

17 rents from £1.6K/mo to £2.6K/mo, average is £2K/mo.

RentDateDistanceAddressBeds 
£1,99011/240.19 mi-3
£2,00011/240.22 mi-3
£2,00011/240.22 mi-3
£1,85002/240.29 mi-3
£2,60011/240.35 mi-3
£2,65012/240.35 mi-3
£2,00010/240.35 miBrighton Road, Watford, WD243
£1,60010/240.44 mi-3
£1,60003/250.44 mi-3
£1,60010/240.44 miLeavesden Road, Watford, WD243
£2,10010/240.46 mi-3
£2,10012/240.46 mi-3
£1,89002/240.46 mi-3
£1,79002/250.46 mi-3
£2,05009/240.56 mi-3
£2,60010/240.59 mi-3
£1,72510/240.61 miThe Harebreaks, North Watford, Watford, WD243

Links

Local Area Statistics

Population in WD17

15,825

Population in Watford

117,094

Town centre distance

1.03 miles away

Nearest school

0.20 miles away

Nearest train station

0.98 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+32%

Sales demand

Balanced market

Capital growth (5yrs)

+10%

Property History

Price changed to £875,000

February 5, 2025

Listed for £900,000

January 29, 2025

Floor Plans

Description

  • A Forever Family Home +
  • Desirable Location +
  • Three Bedrooms +
  • Garage And Off Road Parking +
  • Family Garden +
  • Two Reception Rooms +
  • Utility Room +
  • In Need Of Modernisation +
  • Viewing By Appointment Only +
  • Viewing Day Saturday 22nd of February +

Nestled in the charming area of Birch Tree Walk, Watford, this delightful detached house presents an excellent opportunity for families and individuals alike. With three well-proportioned bedrooms, this property offers ample space for comfortable living. The inviting reception room serves as a perfect gathering space, ideal for entertaining guests or enjoying quiet evenings with family.

Front Of House -

Downstairs W/C -

Utility Room -

Lounge -

Dining Room -

Study -

Kitchen -

Landing -

Master Bedroom -

Bedroom Two -

Bedroom Three -

Family Bathroom -

Rear Garden -

Agent Details

Signature Estates, Watford

01923 961256

Next Steps?

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

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