1-bedroom flat · WD24 6RQ
For saleListed 128 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Arriving at Hazel Tree Road, you are greeted by the convenience of your own private driveway, a rare find for a one-bedroom property in the Watford area.
This ground-floor maisonette offers a blend of independence, space, and financial practicality that immediately sets it apart for both first-time buyers and property investors looking for a high-quality asset.
Stepping through your own private front door, you enter a hallway lined with hard wooden flooring that runs continuously throughout the entire home, creating a cohesive and easy-to-maintain environment.
Turning into the front of the property, you find a large double bedroom. Natural light pours into this space through a generous bay window, making the room feel open and restful.
Moving further into the home, the separate lounge offers plenty of space to relax or entertain.
The room is anchored by characterful feature alcoving, complete with fitted cabinets that provide excellent integrated storage while preserving the clean lines of the room.
Adjacent to the lounge is a substantial bathroom, designed with enough scale to comfortably accommodate a full-size bath with shower. At the rear of the property sits the kitchen diner.
This modern space acts as the functional heart of the home, offering ample room for a dining setup alongside contemporary cabinetry.
Sliding glass doors open up to frame views of your outdoor space, pulling the outside in. Through these doors lies a private rear garden.
Designed for low maintenance, the area features a combination of decking and astro turf, making it a reliable spot for dining or relaxing.
At the far end of the garden, you have access to a private garage. With rear access, this functions as a storage area or could easily be converted into a dedicated home gym or separate workspace.
Beyond the physical layout, the structural and financial details of this Watford maisonette are highly competitive.
The property comes with a long 151-year lease and carries absolutely no ground rent or service charge. For a first-time buyer, this means predictable monthly outgoings without hidden costs.
For an investor, the lack of service fees significantly maximises your net rental yield and long-term return on investment.
Location-wise, the property sits within a short walk of Watford Junction Station, providing rapid, direct rail links into central London, making it ideal for professionals and commuters.
EPC Rating: D Bedroom (3.6m x 3.3m) Living Room (3.6m x 3.3m) Dining Area (2.6m x 2.5m) Kitchen (2.5m x 2.3m) Bathroom (2.5m x 1.8m) Parking - Driveway
Value & comps
No previous sales on record.
Returns
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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.
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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.
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FAQ
About 24a Hazel Tree Road, Watford
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