3-bedroom bungalow · WD3 3PF
To rentListed 41 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Three/four bedroom chalet-bungalow. Ideally situated for Croxley Met Station, local shops and schools.
Entrance hall leading to large bay fronted bedroom or living room with feature fire place, double bedroom with fitted wardrobes, spacious lounge with french doors leading to the garden which has a patio area and laid to lawn, fully fitted kitchen with appliances and family bathroom with shower over bath.
Stairs leading to a large double bedroom and single bedroom. Off street parking for one car. EPC rating D. Unfurnished. Available 10 October 2026.
Croxley Green Croxley Green is a large village situated between the towns of Watford (to the East) and Rickmansworth (to the West).
It has a friendly village atmosphere and the extensive village green is part of its soul and heritage.
A good selection of local shops cater for its mixed family community and more extensive shopping and leisure facilities can be found in Watford (Intu Centre) and Rickmansworth.
The village has excellent schools and Croxley has its own Metropolitan Line station with frequent services to Baker Street.
Access to the motorway network is via junctions 17 & 18 of the M25 which are both within 2.5 miles. Croxley Green borders the Chess Valley.
The Grand Union Canal forms the eastern boundary of the village.
Croxley Business Park is a modern business hub which attracts a wide range of industries and provides employment for many of the local residents.
Bay Fronted Living Room/Bedroom (4.27m.0.91mx3.35m.1.52m (14.03x11.05)) With feature fire place Living Room (4.27m.0.91mx3.35m.1.22m (14.03x11.04)) With doors leading to the patio and garden Kitchen (3.35m.1.52mx2.74m.1.52m (11.05x9.05)) Fully fitted with appliances Double Bedroom (3.66mx2.74m.1.52m (12x9.05)) With fitted wardrobes Family Bathroom (2.13mx1.83m.1.83m (7x6.06)) With shower over bath Double Loft Room (5.79mx2.74m (19x9)) Single Loft Room (2.44m.2.13mx1.83m.3.05m (8.07x6.10)) Council Tax Band Three Rivers bc Band E - £22973.20 pa approx.
Financials Referencing - earnings required 30 x the rental pa between the adult tenants - £65,250k pa Holding deposit required - equal to one weeks rental - £501.92 Dilapidation deposit required - equal to five weeks rental (one week already paid to proceed to referencing) payable in advance of Tenancy start date - £2509.61 One months rental payable in advance at Tenancy start date - £2175
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 32, Sherborne Way, Rickmansworth
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