1-bedroom flat · WD24 5FX
For saleReduced £7k (−6.5%) on 12 SepListed 76 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary ** 40% shared ownership ** sought after north watford location ** open plan lounge with integrated kitchen ** one double bedroom ** lift access to all floors ** allocated parking space ** south facing private balcony ** walking distance to watford junction station ** close to shops and amenities ** description Located in the modern Hackworth Court development in the heart of North Watford, this well-presented one-bedroom apartment offers an excellent opportunity for first-time buyers and commuters alike.
The property features a bright open-plan living, dining and kitchen area with access to a private south-facing balcony, a spacious bedroom, contemporary bathroom, video entry system, lift access and an allocated parking space.
Ideally positioned just a 5-minute walk from Watford Junction Station, with direct services to London Euston in as little as 16 minutes, and within easy reach of Watford town centre, local amenities, the M1 and M25.
Available through Shared Ownership, the property has an approximate 245-year lease remaining, with a 40% share available for £107,000 based on a full market value of £260,000.
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.
Communal Entrance Entrance Hall Lounge / Diner Kitchen Bedroom One En-Suite / Bathroom Outside Balcony South facing. Parking One 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 Flat 3, Hackworth Court, 7, Bedford Street, Watford
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