2 Bed Flat, Single Let, Watford, WD17 4BQ, £375,000

Silas Court, Lockhart Road, Watford, WD17 4BQ - 20 days ago

Leasehold
BTL
~68 m²
+7 photos

ValuationOvervalued

Sold Prices£200K - £435K
Sold Prices/m²£3.4K/m² - £7.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.5K/m²

Value Estimate

£343,403

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£26,200

Total Cash In

£119,950

 

 

Cash Out

 

Rent Range

£1,200 - £3,100

Rent Estimate

£1,481

Running Costs/mo

£1,488

Cashflow/mo

£-7

Cashflow/yr

£-85

Gross Yield

5%

Local Sold Prices

50 sold prices from £200K to £435K, average is £294.8K. £3.4K/m² to £7.6K/m², average is £5K/m².

PriceDateDistanceAddressBeds 
£335K02/210.03 mi23, The Spinney, Watford, Hertfordshire WD17 4QF2
£355K09/210.04 mi31, The Spinney, Watford, Hertfordshire WD17 4QF2
£310K07/210.04 mi28, The Spinney, Watford, Hertfordshire WD17 4QF2
£297K10/200.04 mi2, The Spinney, Watford, Hertfordshire WD17 4QF2
£350K04/230.04 mi31, The Spinney, Watford, Hertfordshire WD17 4QF2
£410K02/230.15 mi11, Woodgate Mews, Watford, Hertfordshire WD17 4PG2
£420K06/210.16 mi6, Woodgate Mews, Watford, Hertfordshire WD17 4PG2
£400K08/230.16 mi16, Woodgate Mews, Watford, Hertfordshire WD17 4PG2
£325K11/200.17 mi14, Bellamy Close, Watford, Hertfordshire WD17 4YJ2
£342.5K09/200.22 miFlat 47, Roseberry Court, Grandfield Avenue, Watford, Hertfordshire WD17 4PQ2
£365K04/210.22 miFlat 33, Roseberry Court, Grandfield Avenue, Watford, Hertfordshire WD17 4PQ2
£330K11/230.22 miFlat 7, Roseberry Court, Grandfield Avenue, Watford, Hertfordshire WD17 4PQ2
£200K12/200.22 mi12, Church Road, Watford, Hertfordshire WD17 4PU2
£200K12/200.22 mi12, Church Road, Watford, Hertfordshire WD17 4PU2
£200K02/240.36 miMalden Lodge, Flat 9, Alexandra Road, Watford, Hertfordshire WD17 4BS2
£340K11/220.37 miTop Flat, 77, Sussex Road, Watford, Hertfordshire WD24 5HR2
£310K12/200.46 mi17a, Essex Road, Watford, Hertfordshire WD17 4EL2
£377.5K12/220.47 mi34a, Hempstead Road, Watford, Hertfordshire WD17 4ER2
£408K02/230.47 mi4b, Essex Road, Watford, Hertfordshire WD17 4EP2
£250K05/210.49 mi172, Cassiobury Drive, Watford, Hertfordshire WD17 3AJ2
£272.5K03/230.53 mi15, Sandringham Road, Watford, Hertfordshire WD24 7AY2
£252.5K01/210.56 miFlat 19, Branscombe House, Gisburne Way, Watford, Hertfordshire WD24 5HQ2
£280K04/230.56 miFlat 26, Branscombe House, Gisburne Way, Watford, Hertfordshire WD24 5HQ2
£250K05/210.56 miFlat 21, Branscombe House, Gisburne Way, Watford, Hertfordshire WD24 5HQ2
£275K05/230.56 miFlat 24, Branscombe House, Gisburne Way, Watford, Hertfordshire WD24 5HQ2
£255K11/230.56 miFlat 25, Branscombe House, Gisburne Way, Watford, Hertfordshire WD24 5HQ2
£435K04/210.56 mi35, St Johns Road, Watford, Hertfordshire WD17 1QB2
£258.5K02/230.57 miFlat 15, Branscombe House, Gisburne Way, Watford, Hertfordshire WD24 5HQ2
£350K06/210.58 mi19, Bromet Close, Watford, Hertfordshire WD17 4LP2
£340K12/200.58 mi41, Bromet Close, Watford, Hertfordshire WD17 4LP2
£237.5K06/230.58 mi326a, St Albans Road, Watford, Hertfordshire WD24 6PQ2
£290K06/210.59 mi9, Leaford Crescent, Watford, Hertfordshire WD24 5JQ2
£280K02/230.62 miFlat 8, Roedean House, Exeter Close, Watford, Hertfordshire WD24 4BN2
£300K10/200.63 miFlat 8, Lancing House, Hallam Close, Watford, Hertfordshire WD24 4RL2
£292.5K11/230.66 miFlat 9, Andrew Reed Court, Keele Close, Watford, Hertfordshire WD24 4RU2
£270K11/220.67 miFlat 4, Wellington House, Exeter Close, Watford, Hertfordshire WD24 4BP2
£285K07/230.67 mi150, Norbury Avenue, Watford, Hertfordshire WD24 4PE2
£290K11/230.67 mi156, Norbury Avenue, Watford, Hertfordshire WD24 4PE2
£275K06/210.67 miFlat 13, Westminster House, Hallam Close, Watford, Hertfordshire WD24 4RJ2
£325K05/210.69 miFlat 21, Elizabeth House, Exeter Close, Watford, Hertfordshire WD24 4RE2
£285K10/210.7 miFlat 12, Cheltenham House, Exeter Close, Watford, Hertfordshire WD24 4BL2
£273K10/220.7 mi92, Norbury Avenue, Watford, Hertfordshire WD24 4PD2
£274K02/210.7 mi396b, St Albans Road, Watford, Hertfordshire WD24 6PJ2
£270K10/220.71 miFlat 17, Badminton House, Anglian Close, Watford, Hertfordshire WD24 4RG2
£275K06/210.72 miFlat 5, Canterbury House, Anglian Close, Watford, Hertfordshire WD24 4RH2
£257.5K02/240.74 miAlexandra Court, Flat 22, Aston Close, Watford, Hertfordshire WD24 4RS2
£309K01/210.74 miFlat 19, Alexandra Court, Aston Close, Watford, Hertfordshire WD24 4RS2
£333.5K02/210.74 miFlat 44, Alexandra Court, Keele Close, Watford, Hertfordshire WD24 4RT2
£324K03/230.75 mi7, Devon Road, Watford, Hertfordshire WD24 4HP2
£309K09/210.76 mi2, Beechwood Rise, Watford, Hertfordshire WD24 6SF2

Local Rents

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

RentDateDistanceAddressBeds 
£1,20003/240.01 miWillow Grange, Watford, Hertfordshire2
£1,65002/240.01 mi-2
£1,65011/240.03 mi-2
£1,65011/240.03 mi-2
£1,77501/250.08 mi-2
£2,20610/240.11 mi-2
£2,08603/250.11 mi-2
£1,80010/240.11 mi-2
£1,60010/240.12 mi-2
£1,65003/250.14 mi-2
£1,50001/240.14 mi-2
£1,70001/250.14 mi-2
£1,59912/240.15 mi-2
£1,50010/240.15 mi-2
£1,80010/240.15 mi-2
£1,59503/250.15 mi-2
£1,65012/240.15 mi-2
£1,65010/240.15 mi-2
£2,95012/240.16 mi-2
£3,05003/250.16 mi-2
£1,60002/240.18 mi-2
£1,55010/240.19 miParker Street, Watford2
£1,55001/250.21 mi-2
£1,70002/250.22 mi-2
£1,70001/250.22 miParker Street, Watford, WD242
£2,70010/240.22 mi-2
£2,95012/240.22 mi-2
£2,95012/240.22 mi-2
£2,55001/250.22 mi-2
£2,55003/250.22 mi-2
£2,75003/250.23 mi-2
£1,80003/250.24 mi-2
£1,95011/240.27 mi-2
£1,70011/240.27 mi-2
£1,70011/240.27 mi-2
£1,30003/250.28 mi-2
£1,89510/240.3 mi-2
£1,85010/240.3 miConway Court, Marri Street, Watford2
£1,75010/240.3 miConway Court, Watford2
£1,80012/240.3 mi-2
£1,89503/250.32 mi-2
£1,70002/250.34 mi-2
£1,80003/250.34 mi-2
£1,50002/250.35 mi-2
£1,50001/250.35 mi-2
£1,60010/240.36 mi-2
£1,60012/240.36 mi-2
£2,00010/240.41 mi-2
£1,45010/240.43 miSt. Albans Road, Watford, Hertfordshire, WD242
£3,10001/240.44 mi-2
£2,90002/250.44 mi-2
£2,90003/250.44 mi-2
£1,65510/240.44 mi-2

Local Area Statistics

Population in WD17

15,825

Population in Watford

117,094

Town centre distance

0.50 miles away

Nearest school

0.20 miles away

Nearest train station

0.51 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+32%

Sales demand

Balanced market

Capital growth (5yrs)

+10%

Property History

Listed for £375,000

March 7, 2025

Floor Plans

Description

  • GATED DEVELOPMENT +
  • TWO DOUBLE BEDROOMS +
  • NASCOT WOOD LOCATION +
  • RESIDENTS GYM +
  • LIFT IN BUILDING +
  • FIRST FLOOR APARTMENT +
  • GAS CENTRAL HEATING +
  • ALLOCATED AND VISITORS PARKING +
  • CHAIN FREE +

CHAIN FREE Silas Court is located within in a gated development in Nascot Wood.  This spacious apartment comprises of an open plan kitchen / reception room, two double bedrooms, a family bathroom and an ensuite shower room. There as an allocated parking space, plus visitors bays available and residents will benefit from an on site gym. Watford Junction Station, with fast trains directly in to Euston, local amenities and the town centre are a short walk away, This property comes to market chain free. Lease Length; 157 years from 1st Feb 2008. Service Charge; £3,890.74pa. Ground Rent; £558.14pa Council Tax band D £2,236.30 * Photos are not current 1. Money Laundering Regulations: Buyers will be asked to produce requested ID in order to meet these regulations. 2. We do our best to ensure our particulars are fair, accurate and reliable, but they are only a general guide to the property. Measurements are supplied for guidance only. 3. Buyers are advised to carry out a survey and service reports before finalising their offer to purchase. 4. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer of contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither Marshall Vizard or its employees have any authority to make or give a representation or warranty in relation to this property.

Agent Details

Marshall Vizard, Watford

01923 961859

Next Steps?

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