1-bedroom flat · WD3 1QG
Listing removedListed 79 days
Opportunity summary
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About
Summary ** gated development ** close to town centre ** first floor apartment ** sizeable reception room ** modern fitted kitchen ** one double bedroom ** private patio area ** allocated parking space ** concierge & gymnasium ** long lease remaining ** ideal for first time buyers or investors ** description Connells are delighted to present this immaculately presented first-floor apartment, set within an exclusive gated development just moments from Rickmansworth town centre.
The property offers bright and spacious accommodation throughout, comprising a sizeable reception room, a modern fitted kitchen, a generous double bedroom, and a contemporary shower room.
Further benefits include a long lease, allocated parking, a large private patio area, on-site concierge service, and access to a residents' gymnasium.
Perfectly suited to first-time buyers, commuters, and investors, the apartment is within easy walking distance of Rickmansworth Station, providing Metropolitan Line and Chiltern Rail services with direct links to Baker Street, The City, Marylebone, and Aylesbury.
Rickmansworth town centre offers an excellent selection of shops, cafés, restaurants, pubs, and supermarkets, while nearby leisure attractions include the Rickmansworth Aquadrome, Grand Union Canal, Chorleywood Common, and several renowned golf courses.
Early viewing is highly recommended. For more information or to arrange a viewing, please contact Connells today.
Agents Note: Please note that the aml fee covers the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
Entrance Hall Front door, phone entry point, two storage cupboards, doors to all rooms. Living Room Window to rear aspect, television point, telephone point, radiator, door to patio area.
Kitchen Fitted kitchen comprised of wall and base units with work surfaces and tiling to complement.
Internal window to rear aspect, sink with drainer, electric oven, gas hob with extractor hood, integrated microwave, dishwasher, washing machine and fridge/freezer.
Bedroom Window to rear aspect, fitted wardrobes, radiator. Bathroom Shower cubicle, WC, vanity wash hand basin, heated towel rail. Outside Private Patio Area Large private paved patio area.
Parking Allocated parking space. We currently hold lease details as displayed above, should you require further information please contact the branch.
Please note additional fees could be incurred for items such as leasehold packs. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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
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FAQ
About 69, Penn Place, Northway, Rickmansworth
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