2 Bed Flat, Single Let, Rickmansworth, WD3 9TT, £300,000

Longcroft Road, Rickmansworth, WD3 9TT - 2 months ago

Leasehold
BTL
ROI: 3%
~68 m²
+7 photos

ValuationUndervalued

Sold Prices£140K - £475K
Sold Prices/m²£1.8K/m² - £7.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.4K/m²

Value Estimate

£367,414
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£21,200

Total Cash In

£96,200

 

 

Cash Out

 

Rent Range

£1,150 - £1,795

Rent Estimate

£1,478

Running Costs/mo

£1,253

Cashflow/mo

£225

Cashflow/yr

£2,699

ROI

3%

Gross Yield

6%

Local Sold Prices

32 sold prices from £140K to £475K, average is £318.8K. £1.8K/m² to £7.1K/m², average is £5.4K/m².

PriceDateDistanceAddressBeds 
£267.5K01/210.26 mi24, Pinchfield, Maple Cross, Rickmansworth, Hertfordshire WD3 9TP2
£340K04/211.17 miFlat 8, Willow Court, Springwell Lane, Rickmansworth, Greater London WD3 8UZ2
£330K06/231.17 miFlat 6, Willow Court, Springwell Lane, Rickmansworth, Greater London WD3 8UZ2
£315K02/211.19 miFlat 12, Willow Court, Springwell Lane, Rickmansworth, Greater London WD3 8UZ2
£294K01/211.23 miFlat 4, Highfield Court, Cross Lanes, Chalfont St Peter, Gerrards Cross, Buckinghamshire SL9 0NE2
£330K12/231.27 mi30, The Willows, Mill End, Rickmansworth, Hertfordshire WD3 8YY2
£370K01/231.32 mi260a, Uxbridge Road, Mill End, Rickmansworth, Hertfordshire WD3 8EA2
£275K07/231.36 mi12, Colne Mead, Mill End, Rickmansworth, Hertfordshire WD3 8DX2
£331.5K12/221.37 mi16, Colne Mead, Mill End, Rickmansworth, Hertfordshire WD3 8DX2
£320K06/211.46 miFlat 17, Mill Stream Lodge, Uxbridge Road, Rickmansworth, Hertfordshire WD3 8JQ2
£320K04/211.46 mi9a, Peter Hill Close, Chalfont St Peter, Gerrards Cross, Buckinghamshire SL9 0HZ2
£275K08/211.49 mi1, Fearney Mead, Mill End, Rickmansworth, Hertfordshire WD3 8QF2
£325K06/211.49 mi37, Hillside Close, Chalfont St Peter, Gerrards Cross, Buckinghamshire SL9 0HN2
£252.5K11/221.5 mi9, Barn Lea, Mill End, Rickmansworth, Hertfordshire WD3 8QZ2
£295K09/211.56 mi6, Bartletts Hillside Close, Chalfont St Peter, Gerrards Cross, Buckinghamshire SL9 0HH2
£147.5K03/211.58 mi72a, Church Lane, Mill End, Rickmansworth, Hertfordshire WD3 8HE2
£282.5K11/231.63 mi29, Thompson Way, Rickmansworth, Hertfordshire WD3 8GP2
£300K12/221.63 mi16, Thompson Way, Rickmansworth, Hertfordshire WD3 8GP2
£328K09/211.65 miFlat 4, St. Johns Court, Berry Lane, Rickmansworth, Hertfordshire WD3 7HU2
£360K04/211.65 miFlat 3, St. Johns Court, Berry Lane, Rickmansworth, Hertfordshire WD3 7HU2
£345K12/221.66 miFlat 5, St. Johns Court, Berry Lane, Rickmansworth, Hertfordshire WD3 7HU2
£327.5K04/211.66 miFlat 29, Vine Tree Court, St Peters Close, Mill End, Rickmansworth, Hertfordshire WD3 8QY2
£317.5K02/231.66 miFlat 11, Vine Tree Court, St Peters Close, Mill End, Rickmansworth, Hertfordshire WD3 8QY2
£328K04/211.67 miFlat 22, Vine Tree Court, St Peters Close, Mill End, Rickmansworth, Hertfordshire WD3 8QY2
£294K12/221.67 miFlat 10, Vine Tree Court, St Peters Close, Mill End, Rickmansworth, Hertfordshire WD3 8QY2
£254K12/201.8 miFlat 109, St Peters Court, High Street, Chalfont St Peter, Gerrards Cross, Buckinghamshire SL9 9QJ2
£270K09/221.85 miFlat 69, St Peters Court, High Street, Chalfont St Peter, Gerrards Cross, Buckinghamshire SL9 9QH2
£335K11/201.88 mi46, West Way, Rickmansworth, Hertfordshire WD3 7EN2
£430K08/231.89 mi24, Bullsland Gardens, Chorleywood, Rickmansworth, Hertfordshire WD3 5BH2
£475K03/231.89 mi22, Bullsland Gardens, Chorleywood, Rickmansworth, Hertfordshire WD3 5BH2
£140K07/231.93 miFlat 22, Drury Court, Grange Road, Chalfont St Peter, Gerrards Cross, Buckinghamshire SL9 9FP2
£283K04/212 mi16, Pennington Road, Chalfont St Peter, Gerrards Cross, Buckinghamshire SL9 9PJ2

Local Rents

10 rents from £1.1K/mo to £1.8K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,79510/240.34 miHornhill Road, Maple Cross2
£1,75012/240.41 mi-2
£1,50010/240.5 mi-2
£1,55001/250.5 mi-2
£1,60003/250.56 mi-2
£1,15003/251.1 mi-2
£1,79501/241.13 mi-2
£1,47510/241.16 miRidge House, Springwell Lane, Rickmansworth, Hertfordshire, WD3 8UE2
£1,50003/251.16 mi-2
£1,60008/241.23 miCross Lanes, Chalfont St Peter, SL92

Local Area Statistics

Population in WD3

40,831

Population in Rickmansworth

40,832

Town centre distance

2.07 miles away

Nearest school

0.30 miles away

Nearest train station

2.34 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+1%

Sales demand

Balanced market

Capital growth (5yrs)

+6%

Property History

Price changed to £300,000

March 8, 2025

Listed for £310,000

January 31, 2025

Description

  • Excellent Condition Throughout +
  • No Onward Chain +
  • Private Balcony With Leafy Green Outlook +
  • Dining Room With Fabulous Built-In Bar +
  • Two Double Bedrooms +
  • Modern Fitted Kitchen & Bathroom +
  • Stylish Living Room +
  • Walking Distance To Bus Stop And Shops +
  • Short Drive To Rickmansworth And Denham Stations +
  • Double Glazing & Gas Central Heating +

The Property
NO CHAIN
174 Years on newly updated lease

This stylish two bedroom second floor apartment in Maple Cross, provides a convenient, low maintenance home in great condition for professionals, first time buyers or investors looking to add to their portfolio.

The apartment is accessed via a secure communal entrance at ground level with stairs to the upper floors. It comprises an entrance hallway, a spacious living room with an external door to the private balcony, a modern fitted kitchen, a dining room with a fabulous built-in bar, a three-piece family bathroom and two double bedrooms with built in wardrobes fitted in the larger of the two. Externally, there are well-maintained communal gardens and a storage shed. The property is being sold with the benefits of no onward chain, double glazing, gas central heating.

The property is located within walking distance of two bus stops with access to several bus routes and a convenient parade of shops. For those requiring train links, both Rickmansworth and Denham Stations are within a 10 minute drive away. This semi-rural location offers the outdoor enthusiast many options from cycling, country walks, golf and water sport activities with popular nature reserves, golf courses, lakes and canals nearby. Motorists will enjoy the benefit of being a short distance from the M25, M40 motorways and various larger town centres such as Rickmansworth, Watford and Uxbridge.

Book your viewing instantly online 24/7 by clicking the brochure link below or visiting the Purplebricks website.

Property ownership information

Ground rent review period: Every 1 year

Service charge review period: Every 1 year

Lease end date: 25/03/2198

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Watford

020 3909 9701

Next Steps?

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