2-bedroom flat · WD3 1HH
For saleReduced £15k (−3.7%) on 28 AugListed 218 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the heart of Rickmansworth town centre is this well presented and spacious two-bedroom, two bathroom second floor apartment.
The property benefits from gas central heating, its large own private balcony, and two allocated parking spaces The accommodation comprises an entrance hall which leads to the spacious and light filled living room, with sliding patio doors leading to a large private balcony.
There is a fitted kitchen, two double bedrooms, one with an en-suite and fitted wardrobe along with an additional family bathroom.
The property further benefits from a boiler installed new three years ago, along with an oven, hob, fridge freezer, and washing machine/dryer.
Positioned in the heart of Rickmansworth close to plenty of sports and culture; The William Penn Leisure Centre has an indoor swimming pool and sports facilities, the Aquadrome covers 100 acres and received a Green Flag Award for parks and open spaces plus Watersmeet, which is a 515 seat theatre complex situated a short stroll from the property.
Rickmansworth town centre has an array of bars, restaurants, shops and excellent commuter links by car and public transport with the M25, Rickmansworth Underground and Watford overhead station.
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
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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 62, Salters Close, Hertfordshire
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