Modern Method of Auction
Auction date not yet published
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See how verdicts work1-bedroom house · WD18 0HN
Sold STCReduced £15k (−6.3%) on 16 SepListed 93 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A detached one-bedroom house, located in West Watford, Hertfordshire, and is well suited to first-time buyers and investors seeking a well-located home with good local amenities.
The property features an open-plan reception room with wood floors, flowing into an open-plan kitchen designed to make the most of natural light.
There is a double bedroom and a modern bathroom, along with the advantage of private parking. To the rear, the garden provides outdoor space, complemented by a dedicated BBQ area.
Situated in a sought after location in Watford, the house benefits from convenient access to local shops, cafés and everyday services in the surrounding area.
Watford town centre offers a broad range of high street retailers, restaurants and leisure facilities, including cinemas and gyms.
There are nearby schools serving different age groups within the wider Watford area, making this property a practical option for purchasers looking for access to education.
Green spaces such as Cassiobury Park are within reach, providing extensive parkland, children’s play areas and riverside walks. Public transport links are a notable feature of the area.
Watford High Street and Watford Junction stations provide rail services into central London, including fast services to London Euston in around 20 minutes from Watford Junction.
Local bus routes connect the neighbourhood with the town centre and surrounding districts, supporting both commuting and leisure travel.
Overall, this detached one-bedroom house combines private outside space, parking and accessible transport connections in a well-regarded part of Watford.
Tenure Freehold EPC Band E Council Tax Band C ***************************************** This property is being sold by our modern day auction site I am sold Fees & Charges Explained This property is sold subject to payment of a non-refundable reservation fee of 4.50% to a minimum of £6,600.00 including VAT.
Any successful purchaser will pay this to secure the sale. The reservation fee is in addition to the purchase price. Please take this into account when bidding.
A reservation fee is payable by the buyer only when the seller pays no fees to sell. As sellers pay no fees to sell, this is usually taken into account with a lower reserve price.
This property is being sold under the Modern Method of Auction, which requires the Completion of the purchase within 56 days, although all reasonable endeavours must be made to Exchange Contracts within immediately following the Draft Contracts being received by the Buyer's Solicitor A non-refundable Reservation fee must be paid by the buyer within 2 hours following the conclusion of the auction or acceptance of an offer.
This must be paid by cleared funds to the auctioneer who will issue an acknowledgement of reservation and purchase agreement in the 56 day period following the auction or the date of acceptance of the offer.
Buyer Information Pack If the Buyer Information Pack has been produced and provided by iamsold any successful purchaser will be required to pay £300.00 (including VAT) towards the cost of the preparation of the pack.
These can then be used by your solicitor to progress the sale.
Buyer Fees There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as: You will need a Solicitor to act for you during the conveyancing and your Solicitor will advise you in relation to the associated costs.
If you do not have a Solicitor, we can recommend the services of one of our Panel Solicitors who are all selected for their expertise in Auction Transactions.
Please call the number below for more information. Stamp Duty Land Tax (sdlt) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland.
Please click here for more information.
Important Note to Potential Purchasers & Tenants: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.
Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
WAT260451/8 Lounge / Kitchen (5.23m x 4.01m) Bedroom (3.48m x 2.16m) Bathroom (1.73m x 1.55m)
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 1A, Benskin Road, Hertfordshire
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