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See how verdicts work1-bedroom flat · WD18 0LE
For saleListed 27 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A stunning 1-bed first-floor apartment in a modern development with lift, concierge and residents-only gym.
Features a large open-plan living/dining space, modern fitted kitchen and a generously sized bedroom.
Benefits from a lovely private terrace and zero ground rent, making it an ideal low-cost home or investment.
Springwell Apartments, Colnebank Drive, Watford, WD18 0LE Key Features * Stunning 1 bedroom apartment on the 1st floor * Set within a modern new development with lift * Concierge service * Lovely private terrace * Large open-plan reception room with dining space * Generously sized bedroom * Modern kitchen with fitted appliances * Residents-only gym Warren Anthony are delighted to market this larger than average one bedroom apartment located on the first floor of the sought-after Springwell Apartments development.
Less than five years old, the property offers modern interiors throughout, a bright open-plan living space and direct access to a superb private outside terrace built to the highest specification.
The apartment forms part of a contemporary development with lift access, concierge service, underground parking and a residents-only gym - ideal for first-time buyers, professionals or investors seeking convenience and quality.
Springwell Apartments is known for its genuinely friendly atmosphere.
Residents enjoy great communication, with an active WhatsApp group where everyone looks out for one another - a real sense of community that makes living here feel welcoming and connected.
Inside, the property features a spacious open-plan reception room with dedicated dining area, a modern fitted kitchen with integrated appliances and a generously sized double bedroom.
The private terrace provides a lovely outdoor space for relaxing or entertaining.
Room-by-Room Walk-Through Entrance Hall A welcoming hallway with utility/laundry area and storage cupboard, leading through to all principal rooms.
Living / Dining Room A bright and spacious open-plan living area with large windows, offering ample room for both lounge and dining furniture.
Kitchen Modern fitted kitchen with a range of wall and base units, integrated oven, hob and extractor, plus space for appliances.
Bedroom A generously sized double bedroom with space for wardrobes and additional storage. Bathroom Contemporary three-piece suite comprising bath with shower over, WC and wash basin.
Private Terrace A lovely outdoor space ideal for morning coffee, evening relaxation or container planting. This development also welcomes pets making this a very useful space.
Springwell Apartments enjoys a prime position on Colnebank Drive, moments from Watford’s fantastic amenities, shops, restaurants and transport links, including Watford General Hospital and Cassiobury Park.
Leasehold Information Service Charge 2025/2026: £1,400 per annum Ground Rent: £0 Lease Term: Approx.
994 years remaining The vendor has provided us with this information and we have seen no documented evidence to support it. On purchase, these details must be verified by your solicitor.
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
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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
Agent & docs
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FAQ
About Flat 7, Springwell Apartments, Colnebank Drive, Watford
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