4 Bed Detached House, Refurb/BRRR, Rickmansworth, WD3 1QH, £2,000,000

Park Close, Rickmansworth, WD3 1QH - 3 views - 7 days ago

Refurb/BRRR
Planning
~129 m²
+15 photos

ValuationOvervalued

Sold Prices£675K - £2.1M
Sold Prices/m²£5.9K/m² - £11.2K/m²

 

 

Square Metres

~129.26 m²
Price/m²£15.5K/m²

Value Estimate

£804,010

 

 

End Value (After Refurb)

£1,600,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£500,000

Stamp Duty & Legal Fees

£252,450

Refurb Costs

£68,400

Bridging Loan Interest

£52,500

Total Cash In

£875,100

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£1,600,000

Mortgage (After Refinance)

£1,200,000

Mortgage LTV

75%

Cash Left In

£875,100

Equity

£400,000

Rent Range

£1,700 - £7,000

Rent Estimate

£3,396

Running Costs/mo

£5,699

Cashflow/mo

£-2,303

Cashflow/yr

£-27,638

Gross Yield

2%

Local Sold Prices

37 sold prices from £675K to £2.1M, average is £1.3M. £5.9K/m² to £11.2K/m², average is £7.7K/m².

PriceDateDistanceAddressBeds 
£1.8M03/230.54 mi1, Russell Road, Northwood, Hertfordshire HA6 2LJ4
£1.6M05/230.61 miCartref, Ormonde Road, Northwood, Hertfordshire HA6 2EJ4
£1.6M11/220.63 miLynwood, Batchworth Lane, Northwood, Hertfordshire HA6 2AT4
£1.1M05/230.68 mi37, Cygnet Close, Northwood, Greater London HA6 2TA4
£1.3M09/230.68 mi38b, Cygnet Close, Northwood, Greater London HA6 2TA4
£1.2M01/210.68 mi37b, Cygnet Close, Northwood, Greater London HA6 2TA4
£875K06/210.69 mi9, High Elms Close, Northwood, Greater London HA6 2DG4
£1.0M10/220.69 mi15, High Elms Close, Northwood, Greater London HA6 2DG4
£1.1M07/230.7 mi4, Kewferry Road, Northwood, Greater London HA6 2PD4
£1.4M03/210.71 mi56, South Approach, Northwood, Hertfordshire HA6 2ET4
£968K04/230.72 mi2, Eaton Gate, Northwood, Greater London HA6 2NN4
£675K03/210.74 mi28, Cygnet Close, Northwood, Greater London HA6 2SZ4
£2.1M11/210.74 mi10, Sandy Lodge Road, Rickmansworth, Hertfordshire WD3 1LJ4
£940K08/230.75 mi5, Grove Farm Park, Northwood, Hertfordshire HA6 2BQ4
£1.3M01/230.76 mi72, Dene Road, Northwood, Greater London HA6 2DF4
£1.9M06/230.76 mi23, Wolsey Road, Northwood, Hertfordshire HA6 2HN4
£1.5M10/200.77 mi45, Dene Road, Northwood, Greater London HA6 2DD4
£1.1M07/220.78 mi13, The Avenue, Northwood, Greater London HA6 2NJ4
£1.6M09/220.8 mi4, North Approach, Northwood, Hertfordshire HA6 2JG4
£1.6M12/220.8 mi18, North Approach, Northwood, Hertfordshire HA6 2JG4
£1.5M06/210.81 mi1, Moor Park Road, Northwood, Greater London HA6 2DL4
£1.6M01/240.81 mi19, Moor Park Road, Northwood, Greater London HA6 2DL4
£1.6M09/220.81 mi1a, Moor Park Road, Northwood, Greater London HA6 2DL4
£1.6M07/220.81 mi17, Grove Road, Northwood, Greater London HA6 2AP4
£1.8M06/230.81 mi2, Grove Road, Northwood, Greater London HA6 2AP4
£1.4M07/230.81 mi8, Grove Road, Northwood, Greater London HA6 2AP4
£1.1M06/210.83 mi13, Chelwood Close, Northwood, Greater London HA6 2RR4
£805K06/210.84 miGreen Close, Green Lane, Northwood, Greater London HA6 2UX4
£1.5M11/200.87 mi23, Dene Road, Northwood, Greater London HA6 2BX4
£1.3M03/210.88 mi15, Bourne End Road, Northwood, Hertfordshire HA6 3BP4
£1.2M12/200.88 mi34, Sandy Lodge Way, Northwood, Hertfordshire HA6 2AS4
£1.3M01/230.89 miPond Cottage, Woodcock Hill, Rickmansworth, Hertfordshire WD3 1PX4
£1.4M11/210.89 mi11, Manor House Drive, Northwood, Greater London HA6 2UJ4
£1.1M12/200.9 mi14, Westbury Road, Northwood, Hertfordshire HA6 3BT4
£1.2M06/230.92 mi4, Buttsmead, Northwood, Greater London HA6 2TL4
£1.2M10/210.93 miWoodvale, Northgate, Northwood, Greater London HA6 2TH4
£1.1M03/210.98 mi35, St Marys Avenue, Northwood, Hertfordshire HA6 3AY4

Local Rents

32 rents from £1.7K/mo to £7K/mo, average is £3.1K/mo.

RentDateDistanceAddressBeds 
£4,20010/240.14 miBatchworth Heath4
£2,60004/240.43 miThirlmere Gardens, Northwood, Middlesex, HA6 2RU3
£5,95004/240.57 mi-5
£5,00004/240.61 miOrmonde Road, Moor Park5
£4,95003/250.63 mi-4
£5,50005/240.65 miKewferry Road, Northwood, Middlesex, HA65
£4,69504/240.67 miWolsey Road, Moor Park4
£2,50004/240.7 mi-3
£2,65002/250.7 mi-3
£2,50004/240.72 miPenn House, Main Avenue, Moor Park, Middlesex HA6 2HH3
£2,50004/240.72 miMain Avenue3
£6,00004/240.73 miWolsey Road5
£3,50005/240.74 mi-3
£2,00004/240.74 mi-3
£2,25012/240.77 mi-3
£7,00003/250.81 mi-4
£2,60004/240.82 miDucks Hill Road3
£2,20005/240.87 miTormead, 27 Dene Road, Northwood, Middlesex, HA63
£2,20005/240.87 miDene Road3
£3,50003/240.9 miBourne End Road, Northwood, HA65
£3,50005/240.9 miBourne End Road, Northwood, HA65
£3,50003/240.91 miBourne End Road, Northwood, HA65
£3,50004/240.98 miSt. Marys Avenue, Northwood, HA64
£1,70004/241.05 miTrinity Close3
£3,00001/251.06 mi-5
£3,20003/251.11 mi-4
£3,50005/241.11 miOaklands Gate, Northwood, Middlesex, HA6 3AA4
£3,25004/241.13 miDrakes Drive, NORTHWOOD4
£2,99003/251.13 mi-4
£1,70004/241.14 miGreen Lane3
£2,25003/251.15 mi-3
£2,30005/241.2 miFalcon Close3

Local Area Statistics

Population in WD3

40,831

Population in Rickmansworth

40,832

Town centre distance

1.64 miles away

Nearest school

0.70 miles away

Nearest train station

0.83 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+1%

Sales demand

Balanced market

Capital growth (5yrs)

+6%

Property History

Listed for £2,000,000

March 28, 2025

Floor Plans

Description

  • BACKING ONTO MOOR PARK GOLF COURSE +
  • FOUR BEDROOMS +
  • PRIVATE DRIVEWAY +
  • DOUBLE GARAGE +
  • STUNNING REAR GARDEN +
  • DETACHED +
  • POTENTIAL TO EXTEND STPP +
  • PICTURESQUE VIEWS +

A truly, once in a lifetime opportunity to acquire this idyllic four bedroom, two bathroom detached home, set in beautifully mature grounds with breath-taking views across the fairways of Moor Park golf course.
Approached via a 200 ft secluded private drive, as you arrive you are met with a glorious view of this attractive 1950s home and offers a glimpse of the stunning gardens and golf course beyond. 

This unique home has remained in the family since its construction in 1958, and has been the envy of many a golfer throughout the decades.
Retaining many of its original features, exposed Oak beams adorn the entrance porch, leading through to a warm and welcoming entrance hall with a staircase and guest cloakroom.
The triple aspect living room features an Inglenook fireplace, and is flooded with natural daylight courtesy of an attractive bay window and French doors to the rear aspect.
There is a formal dining room and a generously sized kitchen with access to a storeroom and an internal door to the double garage.

To the first floor is a spacious principal bedroom with built-in wardrobes and an ensuite bathroom. There are three further double bedrooms and a shower room with separate wc.
A pull down stepladder provides access to a loft room, ideal as a playroom and ample storage.

This beautiful home could benefit from some internal modernisation and has great potential for further extension, subject to the normal planning permissions.
The plot measures approximately 0.62 of an acre, comprising a long private driveway with additional storage sheds/garages, ample parking to the front of the house and a sensational mature rear garden with well-manicured lawns, colourful flowerbeds, topiary and stunning views across the golf course.
Northwood and Rickmansworth town centres are within reach with their wide choice of boutique shops, coffee houses, restaurants and major supermarkets with the Metropolitan and Chiltern train lines connect to London Baker Street, Marylebone station and beyond. The M25
motorway is available at Junction 18 connecting to the national motorway network. Major airports are also within reach. The area is well served for good quality private and state schools for all ages. Rickmansworth & Northwood offers everything for a sporting life; from cricket, football, tennis, horse riding and golf. Watersports are also available at the Aquadrome in Rickmansworth.

Tenure: Freehold
Local Authority: Three Rivers District Council 
Council Tax Band: H
Energy Efficiency Rating: E

Agent Details

Robsons, Moor Park

01923 961733

Next Steps?

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

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