2-bedroom flat · WD24 4RJ
Sold STCListed 188 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary ** no upper chain ** second floor apartment ** popular reeds development ** sizeable reception room ** modern fitted kitchen ** two well-proportioned bedrooms ** modern bathroom suite ** allocated parking & additional visitor bays ** ideal for first time buyers or investors ** description ** no upper chain ** Connells are pleased to present this well-presented second-floor apartment, located within the sought-after Reeds development in North Watford.
Boasting with natural light, the accommodation comprises a spacious reception room seamlessly opening into a fully fitted kitchen, two well-proportioned bedrooms, and a stylish bathroom suite.
The property further benefits from excellent storage throughout, an allocated parking space, visitor parking bays, and access to beautifully maintained communal gardens.
An ideal purchase for first-time buyers and investors alike, the apartment is superbly positioned for commuters, with Watford Junction Station within walking distance and easy access to the A41 and M1 motorways.
Watford High Street and the Shopping Centre are also close by, offering a wide range of shops, cafés, restaurants, entertainment, and leisure facilities.
For further information or to arrange a viewing, please contact Connells today. Communal Entrance Phone entry system, letter boxes, stairs to all floors.
Entrance Hall Front door, phone entry point, cupboard housing hot water tank, storage cupboard, electric radiator.
Living Room Windows to front aspect, television point, telephone point, electric radiator, opening to kitchen.
Kitchen Fitted kitchen comprised of wall and base units with work surfaces and tiling to complement, sink with drainer, window to side aspect, electric oven and hob with extractor hood, plumbing for washing machine and space for fridge/freezer.
Bedroom One Window to front aspect, built in wardrobe, electric radiator. Bedroom Two Window to front aspect, electric radiator.
Bathroom Bath with mixer taps and overhead shower, WC, wash hand basin, electric heater. Outside Parking Allocated parking space & additional visitor bays.
Communal Grounds Landscaped communal gardens. We currently hold lease details as displayed above, should you require further information please contact the branch.
Please note additional fees could be incurred for items such as leasehold packs. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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.
Area
Agent & docs
FAQ
About Flat 11, Westminster House, Hallam Close, Watford
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