3-bedroom semi-detached house · WD3 3DD
Let agreedReduced £100 (−4.5%) on 18 SepListed 51 days · slow let
Opportunity summary
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About
Three bedroom semi-detached house. Close to village schools, shops and Croxley met station. Living room, with patio doors leading to courtyard garden.
Fully fitted kitchen with appliances, shower room. Stairs to 2 double bedrooms, 1 large single bedroom and family bathroom with shower over bath. Off street parking for two cars. EPC rating D.
Unfurnished. Available immediately. Croxley Green Croxley Green is a large village situated between the towns of Watford (to the East) and Rickmansworth (to the West).
It has a friendly village atmosphere and the extensive village green is part of its soul and heritage.
A good selection of local shops cater for its mixed family community and more extensive shopping and leisure facilities can be found in Watford (Atria Centre) and Rickmansworth.
The village has excellent schools and Croxley has its own Metropolitan Line station with frequent services to Baker Street.
Access to the motorway network is via junctions 17 & 18 of the M25 which are both within 2.5 miles. Croxley Green borders the Chess Valley.
The Grand Union Canal forms the eastern boundary of the village.
Croxley Business Park is a modern business hub which attracts a wide range of industries and provides employment for many of the local residents.
Living Room (6.3 x 2.95 (20'8" x 9'8")) With patio doors leading to Courtyard garden Kitchen (6.17 x 1.91 (20'2" x 6'3")) Fitted with appliances Shower Room (1.77 x 1.3 (5'9" x 4'3")) Bedroom 1 (3.37 x 3.36 (11'0" x 11'0")) Bedroom 2 (3.36 x 3 (11'0" x 9'10")) Bedroom 3 (3.85 x 2.16 (12'7" x 7'1")) Family Bathroom (2.78 x 1.8 (9'1" x 5'10")) With shower over bath Loft Access Loft boarded with ladder for access Council Tax Band Three Rivers DC - Band E - £2973 pa approx.
Financials Referencing - earnings required 30 x the rental pa between the adult tenants - £66k pa.
Holding deposit required - equal to one weeks rental - £507.69 Dilapidation deposit required - equal to five weeks rental (one week already paid to proceed to referencing) payable in advance of Tenancy start date - £2538.46 One months rental payable in advance at Tenancy start date - £2200.00
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
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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 224, Watford Road, Rickmansworth
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