Studio flat · WD17 3DE
No longer listedListed 34 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Forming part of a detached house an excellent sized studio flat ideally situated in the exclusive Cassiobury Estate Forming part of a detached house is this excellent sized studio located in the exclusive Cassiobury Estate.
The accommodation comprises side access leading to the front door opening into a large studio room which is open plan to the fitted kitchen, a shower room and a patio area.
Additional benefits include double glazing and gas central heating.
Devereux Drive is located within walking distance to Watford Junction as well as close to Watford's vibrant town centre with its many restaurants, shops and bars.
Available late October on an unfurnished basis to a single occupant.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About The Annexe, 62, Devereux Drive, Hertfordshire
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