2 Bed Semi-Detached House, Single Let, Rickmansworth, WD3 8PZ, £425,000

Springwell Avenue, Rickmansworth, WD3 8PZ - 2 months ago

Sold STC
BTL
~68 m²
+7 photos

ValuationUndervalued

Sold Prices£365K - £615K
Sold Prices/m²£4.3K/m² - £8.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£6.2K/m²

Value Estimate

£446,629
BMV5%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£22,700

Total Cash In

£128,950

 

 

Cash Out

 

Rent Range

£1,350 - £1,750

Rent Estimate

£1,450

Running Costs/mo

£1,638

Cashflow/mo

£-188

Cashflow/yr

£-2,257

Gross Yield

4%

Local Sold Prices

30 sold prices from £365K to £615K, average is £425K. £4.3K/m² to £8.5K/m², average is £6.6K/m².

PriceDateDistanceAddressBeds 
£450K10/230 mi16, Springwell Avenue, Mill End, Rickmansworth, Hertfordshire WD3 8PZ2
£417K10/230 mi24, Springwell Avenue, Mill End, Rickmansworth, Hertfordshire WD3 8PZ2
£370K10/200.07 mi99, Church Lane, Mill End, Rickmansworth, Hertfordshire WD3 8PU2
£402.5K04/230.09 mi61, Clarkfield, Mill End, Rickmansworth, Hertfordshire WD3 8FL2
£450K06/210.09 mi74, Clarkfield, Mill End, Rickmansworth, Hertfordshire WD3 8FL2
£540K07/230.09 mi74, Clarkfield, Mill End, Rickmansworth, Hertfordshire WD3 8FL2
£370K06/230.09 mi54, Clarkfield, Mill End, Rickmansworth, Hertfordshire WD3 8FL2
£410K04/210.1 mi61, Church Lane, Mill End, Rickmansworth, Hertfordshire WD3 8PT2
£415K10/230.14 mi24, Church Lane, Mill End, Rickmansworth, Hertfordshire WD3 8HD2
£436K02/210.15 mi24, Beauchamp Gardens, Mill End, Rickmansworth, Hertfordshire WD3 8EF2
£421K06/210.16 mi361, Uxbridge Road, Mill End, Rickmansworth, Hertfordshire WD3 8DT2
£425K03/210.21 mi65, Springwell Avenue, Mill End, Rickmansworth, Hertfordshire WD3 8QD2
£525K06/210.21 mi6, Berry Lane, Rickmansworth, Hertfordshire WD3 7HQ2
£380K02/210.23 mi24, Basing Road, Rickmansworth, Hertfordshire WD3 8QJ2
£375K03/230.23 mi262, Uxbridge Road, Mill End, Rickmansworth, Hertfordshire WD3 8EA2
£365K02/210.27 mi195, Uxbridge Road, Mill End, Rickmansworth, Hertfordshire WD3 8DP2
£448.4K12/200.27 mi57, Williamson Way, Rickmansworth, Hertfordshire WD3 8GL2
£436.5K11/200.27 mi185, Uxbridge Road, Mill End, Rickmansworth, Hertfordshire WD3 8DP2
£425K08/230.29 mi15, The Willows, Mill End, Rickmansworth, Hertfordshire WD3 8YY2
£570K03/210.3 mi74, Eastwick Crescent, Mill End, Rickmansworth, Hertfordshire WD3 8YJ2
£615K09/210.32 mi17, Eastwick Crescent, Mill End, Rickmansworth, Hertfordshire WD3 8YH2
£431.5K06/210.33 mi19, Broughton Way, Rickmansworth, Hertfordshire WD3 8GW2
£460K08/230.33 mi34, Orchard Way, Mill End, Rickmansworth, Hertfordshire WD3 8HZ2
£445K10/230.33 mi66, Thompson Way, Rickmansworth, Hertfordshire WD3 8GP2
£445K10/230.33 mi66, Thompson Way, Rickmansworth, Hertfordshire WD3 8GP2
£405K01/210.33 mi53, Thompson Way, Rickmansworth, Hertfordshire WD3 8GP2
£425K04/210.33 mi35, Thompson Way, Rickmansworth, Hertfordshire WD3 8GP2
£400K08/230.38 mi12, Thellusson Way, Rickmansworth, Hertfordshire WD3 8RR2
£401K04/210.38 mi36, Thellusson Way, Rickmansworth, Hertfordshire WD3 8RQ2
£400K05/210.4 mi26, Home Way, Mill End, Rickmansworth, Hertfordshire WD3 8QL2

Local Rents

12 rents from £1.4K/mo to £1.8K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,55003/250.12 mi-2
£1,75010/240.17 miUxbridge Road, Rickmansworth2
£1,50010/240.23 miUxbridge Road, Mill End, Rickmansworth, Hertfordshire, WD3 8EA2
£1,40010/240.27 miWilliamson Way Rickmansworth WD32
£1,35003/250.28 mi-2
£1,50010/240.29 miThe Willows, Rickmansworth, WD32
£1,52510/240.35 miThe Greenway, Rickmansworth2
£1,50011/240.37 mi-2
£1,45003/250.37 mi-2
£1,45002/250.37 mi-2
£1,55003/250.37 mi-2
£1,55010/240.38 miThellusson Way, Penn Heights, Rickmansworth2

Local Area Statistics

Population in WD3

40,831

Population in Rickmansworth

40,832

Town centre distance

0.66 miles away

Nearest school

0.10 miles away

Nearest train station

0.91 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+1%

Sales demand

Balanced market

Capital growth (5yrs)

+6%

Property History

Listed for £425,000

February 25, 2025

Floor Plans

Description

  • LIVING ROOM +
  • KITCHEN/DINER +
  • TWO BEDROOMS +
  • FAMILY BATHROOM +
  • REAR GARDEN +
  • DRIVEWAY PARKING FOR TWO CARS +

A well-presented TWO BEDROOM SEMI-DETACHED HOUSE located in this convenient residential area.

The ground floor offers a living room overlooking the front with a staircase to the first floor. There is a door from the living room, leading to a modern fitted kitchen/diner providing access to the rear garden.

There are two bedrooms on the first floor, bedroom one benefitting from a built-in storage cupboard and there is a family bathroom.

The rear garden has a large, paved patio area with a pathway leading through the centre of an area of lawn and flower bed borders. There is a driveway to the front providing parking for up to two cars.

Positioned in this residential road approximately 1.5 miles to the west of Rickmansworth Town Centre and Metropolitan/Chiltern Station. The M25 is reached via a short drive to Junction 17. There are shopping parades nearby and bus routes servicing the Uxbridge Road.

Agent Details

Trend & Thomas, Rickmansworth

01923 961920

Next Steps?

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