2-bedroom flat · WD3 4EG
For saleReduced £40k (−8.4%) on 10 SepListed 281 days
Opportunity summary
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About
A beautifully presented two-bedroom apartment is situated in the most sought-after position on the ground floor with direct access to the communal garden.
The Grange is a prestigious development of just ten apartments, located just off Nightingale Road, a few minutes’ walk from Rickmansworth station and town centre.
This highly desirable apartment has a charming, spacious sitting room boasting sliding doors leading onto the patio and shared lawned garden.
It has a separate dining room with an arched entrance to a well-equipped kitchen with integrated appliances, two bedrooms and a well-appointed bathroom with shower enclosure, and cupboard housing the washing machine.
In addition there is a separate guest cloakroom. There is a useful, large storage cupboard in the communal hallway. The property also comes with its own garage in a block close by.
It has the added benefit of no onward chain. Situation: This property enjoys access to Rickmansworth town centre, with its selection of schools and shops.
For the commuter, Rickmansworth has its own railway station, which provides a Metropolitan Line/Chiltern Railways service into London.
For those who drive, there is access to the M25 at Junctions 17 and 18. Schooling for children of all ages is available within the district.
Leisure facilities are numerous, including several well-known golf courses, such as nearby Moor Park and The Grove.
The 100 acre Aquadrome consisting of three lakes, grassland and woodland provides an ideal location for walking, cycling, fishing and numerous watersports.
Viewings: By appointment only please via the Vendors' Agents, John Roberts & Co. 47B, Lower Road, Chorleywood, Herts WD3 5LQ. Tel.
Opening times: Monday to Friday 9:00am to 6:00pm Saturday 9:00am to 4:00pm. Tenure: Share of Freehold: Lease 955 years remaining. Service Charge - tbc Council: Three Rivers DC - Council Tax Band: E
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About 2, The Grange, Rickmansworth
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