2-bedroom flat · WD25 7NL
Sold STCReduced £10k (−3.3%) on 16 JulListed 124 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the heart of Leavesden with local parks and shops on your doorstep is this modern apartment.
Beautifully presented and finished to an exceptionally high standard the property briefly comprises an open-plan kitchen/reception room, two double bedrooms and a family bathroom.
The Accommodation On entering the property the spacious hallway provides access to all accommodation.
The open-plan kitchen/reception room is a generous space with the kitchen being fully fitted with integrated appliances.
Both bedrooms are generous doubles with the main bedroom benefiting from built-in wardrobes.
The bathroom is fitted with a white three-piece suite comprising bath with shower over, WC and wash hand basin.
The property is beautifully presented and has been upgraded within the last 12 months to include new flooring throughout, new light fixtures and a new boiler amongst other improvements.
Outside The property comes with one allocated space within the communal car park. Additionally there are visitor spaces. Locally there are a variety of parks and shops.
The Lease We are advised that the lease terms are as follows: Lease length: 87 years remaining Service Charge & Ground Rent: £199 per month The Location The property is located in the highly regarded Leavesden studios village development, which is just on the borders of both Abbots and Kings Langley villages.
The development consists of a wide range of property from starter homes to large detached properties and is within close proximity to Watford town centre and the Warner Brothers Studio famous for its involvement in the Harry Potter movies.
Also with in the development is a range of shops including a supermarket, restaurant, pharmacy and coffee shop.
There is also a range of transport links within close proximity, to include the M25/M1/A41 and Watford Junction Agent's Information For Buyers Thank you for showing an interest in a property marketed by Sterling Estate Agents.
Please be aware, should you wish to make an offer for this property, we will require the following information before we enter negotiations: 1. Copy of your mortgage agreement in principal. 2.
Evidence of deposit funds, if equity from property sale confirmation of your current mortgage balance i.e.
Your most recent mortgage statement, if monies in bank accounts the most up to date balances.. 3. Passport photo id for all connected purchasers and a utility bill.
We are duty bound to complete anti money laundering (aml) checks on all connected purchasers should an offer be successful. The charge for this is £75 plus VAT per person.
Unfortunately we will not be able to progress negotiating any offer unless we have id and proof of funds.
Value & comps
No previous sales on record.
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 asking
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 advisors 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
Agent & docs
FAQ
About 64, Cunningham Way, Watford
Explore nearby