1-bedroom flat · WD18 0HT
For saleReduced £4k (−2.1%) on 7 OctListed 635 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We recommend an early inspection of our well presented one bedroom ground floor flat.
Set in a mews style development only a short walk into Watford Town Centre, Watford High Street Station, Watford General Hospital and the Grammar Schools.
The flat is offered for sale completely chain free and comes with its very own parking space. In our opinion this would make an ideal purchase due to its location for all amenities.
A spaciously modern one bedroom ground floor apartment set in a exclusive development close to Watford General Hospital and the Town Centre with one allocated parking space. No Onward Chain.
From the front entrance door leading to the hallway with doors to each room. The spacious reception room offers ample space for a lounge suite, radiator, plenty of powerpoints and pendant lighting.
The spacious open plan modern fitted kitchen has integrated fridge freezer, cooker, electric hob and washing machine with a generous range of beech effect wall and base units, roll top work surfaces, stainless steel sink and drainer unit, inset electric hob with integrated oven below, laminate wood flooring, and a large window providing lots of natural light and ventilation.
The double bedroom is of dual aspect, nice high ceilings, radiator, pendant lighting and powerpoints and easily accommodates a double bed, leaving plenty of room for a wardrobe and drawer units.
The bathroom comprises of a practical white suite to include a panel enclosed bath with wall mounted shower attachment, glass screen partition, pedestal wash basin with mixer tap, low flush WC, fully tiled walls and to floor, extractor fan and radiator.
The Ground Rent is £125 per annum Service Charge: £1,412.23 Lease Term Remaining: 125 years remaining please note the marketing photos were taken pre-tenancy.
The vendor has provided us with this information and we have seen no documented evidence to support this.
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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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
FAQ
About Flat 6 59-63, Holywell Road, Hertfordshire
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