1-bedroom flat · WD24 4RH
Listing removedListed 106 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available now... Belvoir are pleased to offer this freshly decorated/new carpets rare one bed flat on the Reeds Development in Central Watford.
The property comprises open plan fitted kitchen & lounge diner, large double bedroom and bathroom with shower.
The flat also includes an allocated parking space & plenty of visitors spaces on this quiet leafy development within pleasant communal gardens.
Located in the heart of the Reeds, this development has always proved popular with commuters for it's close proximity to Watford Junction Station - you can be in London within 25 minutes!
The main M1 is a 5 minute drive away - making an great opening for M25 access as well. Available on an unfurnished basis. Viewing slots open now. EPC rating: C.
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
We're still gathering serviced-accommodation data for this area.
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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 24 Canterbury House, Anglian Close, Watford
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