2 Bed Terraced House, Refurb/BRRR, Watford, WD24 5EA, £360,000

211 Nevill Grove, Watford, WD24 5EA - 7 views - 22 days ago

Refurb/BRRR
ROI: 3%
~68 m²
+7 photos

ValuationOvervalued

Sold Prices£210K - £435K
Sold Prices/m²£3.3K/m² - £8.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.3K/m²

Value Estimate

£345,838

 

 

End Value (After Refurb)

£357,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£90,000

Stamp Duty & Legal Fees

£17,500

Refurb Costs

£36,043

Bridging Loan Interest

£9,450

Total Cash In

£154,743

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£357,000

Mortgage (After Refinance)

£267,750

Mortgage LTV

75%

Cash Left In

£154,743

Equity

£89,250

Rent Range

£1,200 - £3,100

Rent Estimate

£1,858

Running Costs/mo

£1,507

Cashflow/mo

£351

Cashflow/yr

£4,209

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £210K to £435K, average is £361.5K. £3.3K/m² to £8.6K/m², average is £5.3K/m².

PriceDateDistanceAddressBeds 
£335K05/210.01 mi9, Nevill Grove, Watford, Hertfordshire WD24 5EA2
£361K02/210.01 mi13, Nevill Grove, Watford, Hertfordshire WD24 5EA2
£360K03/210.02 mi4, Nevill Grove, Watford, Hertfordshire WD24 5DW2
£325K04/210.02 mi19, Leavesden Road, Watford, Hertfordshire WD24 5EB2
£362.5K12/200.02 mi39, Leavesden Road, Watford, Hertfordshire WD24 5EB2
£330K06/210.02 mi35, Leavesden Road, Watford, Hertfordshire WD24 5EB2
£390K12/230.04 mi32, Stanmore Road, Watford, Hertfordshire WD24 5ET2
£360K01/240.04 mi32, Leavesden Road, Watford, Hertfordshire WD24 5ED2
£330K03/210.04 mi52, Copsewood Road, Watford, Hertfordshire WD24 5DX2
£350K05/210.04 mi42, Copsewood Road, Watford, Hertfordshire WD24 5DX2
£405K05/230.04 mi44, Copsewood Road, Watford, Hertfordshire WD24 5DX2
£395K09/230.05 mi49, Copsewood Road, Watford, Hertfordshire WD24 5DY2
£410K12/230.06 mi65, Leavesden Road, Watford, Hertfordshire WD24 5ES2
£365K01/210.07 mi14, Lowestoft Road, Watford, Hertfordshire WD24 5AX2
£380K11/220.08 mi46, Leavesden Road, Watford, Hertfordshire WD24 5EE2
£315K12/230.08 mi42, Bedford Street, Watford, Hertfordshire WD24 5DT2
£345K05/230.08 mi22, Bedford Street, Watford, Hertfordshire WD24 5DT2
£370K12/220.09 mi58, Victoria Road, Watford, Hertfordshire WD24 5AZ2
£350K11/200.09 mi6, Parker Street, Watford, Hertfordshire WD24 5EZ2
£350K07/230.11 mi5, Victoria Road, Watford, Hertfordshire WD24 5AY2
£427.5K05/240.11 mi65, Victoria Road, Watford, Hertfordshire WD24 5AY2
£435K06/230.11 mi63, Victoria Road, Watford, Hertfordshire WD24 5AY2
£362.5K06/210.11 mi25, Victoria Road, Watford, Hertfordshire WD24 5AY2
£346K10/230.12 mi5, Garfield Street, Watford, Hertfordshire WD24 5HA2
£210K11/200.12 mi87, Leavesden Road, Watford, Hertfordshire WD24 5ER2
£210K11/200.12 mi87, Leavesden Road, Watford, Hertfordshire WD24 5ER2
£352K11/200.14 mi44, Hatfield Road, Watford, Hertfordshire WD24 4DB2
£335K11/200.14 mi22, Hatfield Road, Watford, Hertfordshire WD24 4DB2
£335K11/200.14 mi22, Hatfield Road, Watford, Hertfordshire WD24 4DB2
£380K01/230.14 mi74, Regent Street, Watford, Hertfordshire WD24 5AU2
£362.5K01/240.14 mi64, Regent Street, Watford, Hertfordshire WD24 5AU2
£365K12/200.14 mi62, Regent Street, Watford, Hertfordshire WD24 5AU2
£330K05/230.14 mi94, Regent Street, Watford, Hertfordshire WD24 5AU2
£373.6K11/200.14 mi16, Regent Street, Watford, Hertfordshire WD24 5AU2
£350K02/210.14 mi76, Regent Street, Watford, Hertfordshire WD24 5AU2
£416.6K08/230.14 mi46, Regent Street, Watford, Hertfordshire WD24 5AU2
£415K03/210.15 mi34, Brixton Road, Watford, Hertfordshire WD24 4DX2
£408K12/220.15 mi103, Regent Street, Watford, Hertfordshire WD24 5AT2
£375K02/230.16 mi11, Hatfield Road, Watford, Hertfordshire WD24 4DA2
£373K06/210.16 mi33, Regent Street, Watford, Hertfordshire WD24 5AT2
£362K03/210.16 mi13, Regent Street, Watford, Hertfordshire WD24 5AT2
£355K01/210.16 mi59, Regent Street, Watford, Hertfordshire WD24 5AT2
£350K06/210.16 mi75, Regent Street, Watford, Hertfordshire WD24 5AT2
£355K06/210.16 mi107, Regent Street, Watford, Hertfordshire WD24 5AT2
£370K09/230.16 mi49, Regent Street, Watford, Hertfordshire WD24 5AT2
£330K12/230.16 mi95, Regent Street, Watford, Hertfordshire WD24 5AT2
£353K08/230.16 mi51, Regent Street, Watford, Hertfordshire WD24 5AT2
£380K06/230.16 mi107, Regent Street, Watford, Hertfordshire WD24 5AT2
£415K09/230.16 mi29, Church Road, Watford, Hertfordshire WD17 4PY2
£418K08/210.16 mi49, Church Road, Watford, Hertfordshire WD17 4PY2

Local Rents

53 rents from £1.2K/mo to £3.1K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,70011/240.04 mi-2
£1,70011/240.04 mi-2
£2,70010/240.04 mi-2
£2,95012/240.04 mi-2
£2,95012/240.04 mi-2
£2,55001/250.04 mi-2
£2,55003/250.04 mi-2
£1,55001/250.04 mi-2
£1,70001/250.08 miParker Street, Watford, WD242
£1,70002/250.08 mi-2
£2,75003/250.08 mi-2
£1,50002/250.1 mi-2
£1,55010/240.1 miParker Street, Watford2
£1,80012/240.1 mi-2
£1,85010/240.14 miConway Court, Marri Street, Watford2
£1,75010/240.14 miConway Court, Watford2
£2,00010/240.16 mi-2
£3,10001/240.19 mi-2
£2,90002/250.19 mi-2
£1,65002/250.19 mi-2
£1,50001/240.19 mi-2
£1,95011/240.19 mi-2
£1,60010/240.2 mi-2
£1,50001/250.2 mi-2
£1,60010/240.2 mi-2
£1,60012/240.2 mi-2
£1,90010/240.21 mi-2
£1,90010/240.21 miSalisbury Road, Watford, WD242
£1,45010/240.21 miSt. Albans Road, Watford, Hertfordshire, WD242
£1,77501/250.21 mi-2
£2,20610/240.22 mi-2
£2,08603/250.22 mi-2
£1,80010/240.22 mi-2
£1,60002/240.23 mi-2
£1,65002/240.24 mi-2
£1,20003/240.25 miWillow Grange, Watford, Hertfordshire2
£1,65011/240.25 mi-2
£1,65011/240.25 mi-2
£1,70001/250.36 mi-2
£1,29510/240.36 mi-2
£1,34910/240.36 mi-2
£1,65010/240.37 mi-2
£1,59912/240.37 mi-2
£1,65012/240.39 mi-2
£1,89503/250.39 mi-2
£2,95012/240.4 mi-2
£3,05003/250.4 mi-2
£1,40002/240.4 mi-2
£1,40002/240.4 mi-2
£1,50010/240.4 mi-2
£1,80010/240.4 mi-2
£1,59503/250.4 mi-2
£1,70002/250.41 mi-2

Local Area Statistics

Population in WD24

21,827

Population in Watford

117,094

Town centre distance

0.46 miles away

Nearest school

0.40 miles away

Nearest train station

0.38 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+13%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Listed for £360,000

February 27, 2025

Floor Plans

Description

  • Two Bedroom Terraced Home +
  • Open Plan Lounge/Diner +
  • Kitchen +
  • Ground Floor Cloakroom +
  • 2 Double Bedrooms +
  • En-Suite Bathroom +
  • In Need Of Modernisation +
  • Council Tax Band C +
  • Rear Garden +
  • No Upper Chain +

NO UPPER CHAIN - TWO BEDROOM TERRACED HOME - POPULAR NORTH WATFORD LOCATION - IN NEED OF MODERNISATION/RE-DECORATION - OPEN PLAN LOUGE/DINER - KITCHEN - GROUND FLOOR CLOAKROOM - EN-SUITE BATHROOM TO REAR BEDROOM - COUNCIL TAX BAND C - REAR GARDEN We are delighted to be favoured with Sole agency instructions to offer for sale this two bedroom terraced home situated in this popular North Watford location and being ideally located for Watford Junction mainline railway station. The property requires re-decoration throughout and modernisation to some area's but has been priced accordingly and is offered with no upper chain. In order to avoid disappointment, please contact us without delay to arrange an early appointment to view.

Agent Details

Harry Charles Estate Agents, Watford

01923 953011

Next Steps?

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