We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · WD17 2PJ
For saleListed 513 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Notice Of Offer Property Address: Flat 31, Ashleigh Court, 29 Loates Lane, Watford, Hertfordshire, WD17 2PJ We advise that an offer has been made for the above property in the sum of £200,000.
Any persons wishing to increase on this offer should notify the agents of their best offer prior to exchange of contracts Re; 99 The parade, High Street, Watford WD17 1LN Agents Number: Presenting for sale, a two-bedroom flat, located in a sought-after town centre location.
This property is excellently positioned with convenient access to public transport links, nearby schools, and local amenities, making it an ideal purchase for first-time buyers or investors.
The property is composed of a spacious open-plan reception room and kitchen, complete with large windows that invite a flood of natural light into the space, enhancing the potential of this renovation project.
The open-plan layout offers the opportunity for the new owners to put their stamp on it, creating a modern and stylish living area that suits their needs.
The flat boasts two double bedrooms, with the main bedroom featuring an en-suite for added convenience and luxury. The second bedroom is also of a good size, offering ample space for personalisation.
The property is further complimented by an additional family bathroom, furnished with a heated towel rail, ensuring comfort during those colder months.
One of the unique features of this flat is the balcony, providing an outdoor space to enjoy, a rarity in such a central location.
In its current state, the property requires renovation, offering a fantastic opportunity for the new owners to design and create their dream home, or for investors to mould a desirable rental property.
This is a unique opportunity to acquire a property with enormous potential in a prime location. Don't miss out on this excellent investment opportunity.
Tenure: Leasehold :157 years from 29th September 2005 Lease Remaining: 137 years remaining Service Charges: 4000 P/a Ground rent: £394.06 per annum Council Tax band D EPC: B Lease, ground rent and maintenance details have been provided by the seller, but their accuracy cannot be guaranteed, as we may not have seen a copy of the original lease.
Should you proceed with the purchase of this property, lease details must be verified by the solicitor.
Important Note to Potential Purchasers & Tenants: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.
Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
WAT250373/8 Kitchen/ Reception Room (5.97m x 3.4m) Bedroom 1 (3.12m x 4.42m) Bedroom 2 (4.37m x 2.77m) Bathroom (2.2m x 1.98m)
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About Flat 31, Ashleigh Court, 29, Loates Lane, Hertfordshire
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