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See how verdicts work2-bedroom flat · WD18 8WJ
No longer listedReduced £20k (−6.1%) on 22 JunListed 138 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No Upper Chain. A well presented two bed ground floor apartment situated in the quiet Byewaters estate, In walking distance to Croxley Met station, Croxley Moors, business park and local shops.
The accommodation has been upgraded over recent years and offers well proportioned rooms with storage, to include a double aspect lounge, an upgraded kitchen, two bedrooms and recently refitted bathrooms.
Additional benefits include; gas central heating, a single garage, one allocated parking space and communal gardens.
Lease: 86 years remaining Ground Rent: £150 pa, Service Charges:£1750 pa (paid twice yearly for maintenance of roads, lighting communal garden areas). Photos are pre-tenancy.
Entrance Entrance door into communal entrance hall with main entrance door into hallway with two storage cupboards, housing hot water storage tank. Direct access from the patio doors into the lounge.
Lounge Double aspect lounge with windows to front and side. Access to communal gardens and garage/parking.
Arch opening into Kitchen (3.07m x 1.96m) Fitted with a range of wall and base units finished in high gloss white with laminate worktops and tiled splash backs.
Inset stainless steel sink with chrome mixer tap, stainless steel gas hob with vented extractor over, fitted under oven and grill. Spaces for tall fridge freezer and washing machine.
Space for small table and chairs. Wall mounted gas boiler. UPVC window.
Bedrooms (3.18m x 2.69m) Bedroom 1 - uvpc window to the side, radiator, ceiling lights, and carpet flooring, space for wardrobes.
Bedroom 2 - UPVC window to the side, currently, radiator and ceiling light point Bathrooms Fitted with a modern suite to include bath with shower over and hinged glazed shower screen.
WC and pedestal basin, all with chrome fittings. Tiled floor, ceiling lights, wall mirror and extractor fan. En-Suite shower room. Enclosed shower, wash basin and WC.
Outside The block sits within well maintained communal gardens front and rear which are well maintained by the management company.
Garage/Parking Single garage and one allocated parking space and generous provision of visitor spaces within the grounds.
Lease Lease: 86 years remaining Ground Rent: £150 pa Service Charges:£1750 pa (paid twice yearly for maintenance of roads, lighting communal garden areas) (should you wish to proceed with the purchase of this property, these details must be verified by your solicitor) Additional Information Photos were taken pre tenancy.
Local Authority Three Rivers District Council Band D Agency Notes Feedback - after all viewings we appreciate feedback either verbally or by email.
Offers - we are happy to discuss initial offers verbally but all formal offers should be in writing with the full name of purchasers, written evidence of deposit and mortgage amount, position/status of purchaser and any related or associated sale.
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
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FAQ
About 102, Byewaters, Watford
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