2 Bed Flat, Single Let, Watford, WD17 4BW, £415,000

Stewart Court, Colnhurst Road, Watford WD17 4BW - 22 days ago

Leasehold
BTL
~68 m²
+8 photos

ValuationOvervalued

Sold Prices£115K - £435K
Sold Prices/m²£2.3K/m² - £7.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£6.1K/m²

Value Estimate

£341,429

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£103,750

Stamp Duty & Legal Fees

£30,200

Total Cash In

£133,950

 

 

Cash Out

 

Rent Range

£1,200 - £3,050

Rent Estimate

£1,481

Running Costs/mo

£1,613

Cashflow/mo

£-132

Cashflow/yr

£-1,585

Gross Yield

4%

Local Sold Prices

50 sold prices from £115K to £435K, average is £290K. £2.3K/m² to £7.6K/m², average is £5K/m².

PriceDateDistanceAddressBeds 
£325K11/200.09 mi14, Bellamy Close, Watford, Hertfordshire WD17 4YJ2
£335K02/210.14 mi23, The Spinney, Watford, Hertfordshire WD17 4QF2
£355K09/210.14 mi31, The Spinney, Watford, Hertfordshire WD17 4QF2
£310K07/210.14 mi28, The Spinney, Watford, Hertfordshire WD17 4QF2
£297K10/200.14 mi2, The Spinney, Watford, Hertfordshire WD17 4QF2
£350K04/230.14 mi31, The Spinney, Watford, Hertfordshire WD17 4QF2
£365K04/210.18 miFlat 33, Roseberry Court, Grandfield Avenue, Watford, Hertfordshire WD17 4PQ2
£330K11/230.18 miFlat 7, Roseberry Court, Grandfield Avenue, Watford, Hertfordshire WD17 4PQ2
£410K02/230.23 mi11, Woodgate Mews, Watford, Hertfordshire WD17 4PG2
£420K06/210.24 mi6, Woodgate Mews, Watford, Hertfordshire WD17 4PG2
£400K08/230.24 mi16, Woodgate Mews, Watford, Hertfordshire WD17 4PG2
£340K11/220.29 miTop Flat, 77, Sussex Road, Watford, Hertfordshire WD24 5HR2
£200K12/200.34 mi12, Church Road, Watford, Hertfordshire WD17 4PU2
£200K12/200.34 mi12, Church Road, Watford, Hertfordshire WD17 4PU2
£250K05/210.44 mi172, Cassiobury Drive, Watford, Hertfordshire WD17 3AJ2
£350K06/210.45 mi19, Bromet Close, Watford, Hertfordshire WD17 4LP2
£340K12/200.45 mi41, Bromet Close, Watford, Hertfordshire WD17 4LP2
£252.5K01/210.47 miFlat 19, Branscombe House, Gisburne Way, Watford, Hertfordshire WD24 5HQ2
£280K04/230.47 miFlat 26, Branscombe House, Gisburne Way, Watford, Hertfordshire WD24 5HQ2
£250K05/210.47 miFlat 21, Branscombe House, Gisburne Way, Watford, Hertfordshire WD24 5HQ2
£275K05/230.47 miFlat 24, Branscombe House, Gisburne Way, Watford, Hertfordshire WD24 5HQ2
£255K11/230.47 miFlat 25, Branscombe House, Gisburne Way, Watford, Hertfordshire WD24 5HQ2
£200K02/240.47 miMalden Lodge, Flat 9, Alexandra Road, Watford, Hertfordshire WD17 4BS2
£258.5K02/230.47 miFlat 15, Branscombe House, Gisburne Way, Watford, Hertfordshire WD24 5HQ2
£290K06/210.48 mi9, Leaford Crescent, Watford, Hertfordshire WD24 5JQ2
£377.5K12/220.55 mi34a, Hempstead Road, Watford, Hertfordshire WD17 4ER2
£310K12/200.57 mi17a, Essex Road, Watford, Hertfordshire WD17 4EL2
£272.5K03/230.58 mi15, Sandringham Road, Watford, Hertfordshire WD24 7AY2
£408K02/230.58 mi4b, Essex Road, Watford, Hertfordshire WD17 4EP2
£237.5K06/230.6 mi326a, St Albans Road, Watford, Hertfordshire WD24 6PQ2
£435K04/210.68 mi35, St Johns Road, Watford, Hertfordshire WD17 1QB2
£274K02/210.7 mi396b, St Albans Road, Watford, Hertfordshire WD24 6PJ2
£309K09/210.74 mi2, Beechwood Rise, Watford, Hertfordshire WD24 6SF2
£280K02/230.75 miFlat 8, Roedean House, Exeter Close, Watford, Hertfordshire WD24 4BN2
£300K10/200.76 miFlat 8, Lancing House, Hallam Close, Watford, Hertfordshire WD24 4RL2
£235K09/210.77 mi25, Brushrise, Watford, Hertfordshire WD24 6SZ2
£211K12/220.77 mi45, Brushrise, Watford, Hertfordshire WD24 6SZ2
£292.5K11/230.78 miFlat 9, Andrew Reed Court, Keele Close, Watford, Hertfordshire WD24 4RU2
£285K07/230.78 mi150, Norbury Avenue, Watford, Hertfordshire WD24 4PE2
£290K11/230.78 mi156, Norbury Avenue, Watford, Hertfordshire WD24 4PE2
£220K07/210.79 mi31, Gladesmere Court, Watford, Hertfordshire WD24 6LX2
£115K02/210.79 mi11, Gladesmere Court, Watford, Hertfordshire WD24 6LX2
£270K11/220.79 miFlat 4, Wellington House, Exeter Close, Watford, Hertfordshire WD24 4BP2
£275K06/210.79 miFlat 13, Westminster House, Hallam Close, Watford, Hertfordshire WD24 4RJ2
£273K10/220.8 mi92b, Southwold Road, Watford, Hertfordshire WD24 7FH2
£305K01/230.81 mi84b, Courtlands Drive, Watford, Hertfordshire WD17 4HT2
£325K05/210.81 miFlat 21, Elizabeth House, Exeter Close, Watford, Hertfordshire WD24 4RE2
£273K10/220.81 mi92, Norbury Avenue, Watford, Hertfordshire WD24 4PD2
£285K10/210.82 miFlat 12, Cheltenham House, Exeter Close, Watford, Hertfordshire WD24 4BL2
£330K01/230.82 mi125, Ridge Lane, Watford, Hertfordshire WD17 4SX2

Local Rents

53 rents from £1.2K/mo to £3K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,59912/240.02 mi-2
£1,70001/250.03 mi-2
£1,65010/240.03 mi-2
£2,95012/240.05 mi-2
£3,05003/250.05 mi-2
£1,50010/240.12 mi-2
£1,80010/240.12 mi-2
£1,59503/250.12 mi-2
£1,65002/240.13 mi-2
£1,20003/240.13 miWillow Grange, Watford, Hertfordshire2
£1,77501/250.14 mi-2
£1,80010/240.14 mi-2
£1,65011/240.15 mi-2
£1,65011/240.15 mi-2
£1,60010/240.17 mi-2
£1,30003/250.17 mi-2
£1,65012/240.18 mi-2
£1,89510/240.2 mi-2
£2,20610/240.23 mi-2
£2,08603/250.23 mi-2
£1,80003/250.25 mi-2
£1,89503/250.25 mi-2
£1,55010/240.26 miParker Street, Watford2
£1,65004/250.27 mi-2
£1,50001/240.27 mi-2
£1,70002/250.3 mi-2
£1,70001/250.3 miParker Street, Watford, WD242
£1,60002/240.3 mi-2
£2,75003/250.31 mi-2
£2,75003/250.31 mi-2
£1,55001/250.31 mi-2
£2,70010/240.31 mi-2
£2,95012/240.31 mi-2
£2,95012/240.31 mi-2
£2,55001/250.31 mi-2
£2,55003/250.31 mi-2
£1,95004/250.32 mi-2
£1,65510/240.32 mi-2
£1,55002/250.32 mi-2
£1,70011/240.36 mi-2
£1,70011/240.36 mi-2
£1,95011/240.39 mi-2
£1,50001/250.4 mi-2
£1,60010/240.4 mi-2
£1,60012/240.4 mi-2
£1,80012/240.42 mi-2
£1,85010/240.42 miConway Court, Marri Street, Watford2
£1,75010/240.42 miConway Court, Watford2
£1,70002/250.44 mi-2
£1,80004/250.44 mi-2
£1,50002/250.44 mi-2
£1,75010/240.45 mi-2
£2,35004/250.48 mi-2

Local Area Statistics

Population in WD17

15,825

Population in Watford

117,094

Town centre distance

0.62 miles away

Nearest school

0.10 miles away

Nearest train station

0.64 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+32%

Sales demand

Balanced market

Capital growth (5yrs)

+10%

Property History

Listed for £415,000

March 12, 2025

Floor Plans

Description

  • Security entryphone +
  • Lease term: 111 years remaining +
  • Service charge: £1472 per annum +
  • Ground rent: £300 per annum +
  • Chain free sale +
  • Two double bedrooms/two bathrooms +
  • Large kitchen/dining area with inegtrated appliances +
  • Communal lift +

This third (top) floor apartment offers bright and spacious accommodation throughout and is within walking distance of Watford Junction, the town centre and the beautiful Cassiobury Park. In addition, major road links A41, M1 and M25 can all be easily reached within just a few minutes drive. A children's playground and green space along with a Tesco Express also feature within this highly sought after residential setting.

The layout is made up of an entrance hallway with several large store cupboards, a 21ft 8' x 15ft 6' open plan reception room/kitchen and dining area with balcony, master bedroom with en-suite shower room, a second double bedroom and family bathroom.

Externally, there is allocated parking for one car along with six visitor's parking spaces.

Tenure: Leasehold

Agent Details

Salters Residential, Watford

01923 961761

Next Steps?

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