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See how verdicts work1-bedroom flat · WD18 7DZ
For saleReduced £20k (−10%) on 17 AugListed 214 days
Opportunity summary
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About
Summary ** no upper chain ** third floor apartment ** share of freehold ** peppercorn charges ** open plan reception room ** well-appointed fitted kitchen ** one double bedroom ** permitted parking available ** close to transport links, shops and amenities ** description ** no upper chain ** Connells are please to present this well-presented third-floor apartment to the market that is situated on a popular residential road in Watford.
The property briefly comprises of an open plan reception room with well-appointed fitted kitchen, one double bedroom and a bathroom suite.
Benefits include a 999-year lease, share of the freehold, no ground rent or service charges, and on-street permit parking.
Ideal for first time buyers or investors, the property is conveniently located within walking distance to Watford Met Station, Cassiobury Park and the Town Centre with its vast array of amenities, shops and eateries.
There are a variety of well-regarded nurseries, primary schools and secondary schools within catchments. For more information or to arrange a view, please contact Connells today.
Entrance Living Room / Kitchen Windows, television point, telephone point, electric radiator, storage cupboard.
Fitted kitchen comprised of wall and base units with work surfaces and tiling to complement, window, sink with drainer, electric oven and hob with extractor hood, plumbing for washing machine, space for fridge/freezer.
Bedroom One Window, electric radiator. Bathroom Window, shower cubicle, WC, vanity wash hand basin, heated towel rail. Outside Parking On-street permit parking.
Lease details are currently being compiled. For 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
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
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FAQ
About Flat 5, 12, Mildred Avenue, Watford
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