Studio flat · WD3 1FX
Listing removedReduced £50 (−3.2%) on 4 AugListed 115 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled on Homestead Road in the charming town of Rickmansworth, Drake House presents an exceptional opportunity to reside in a brand new flat, completed in 2026.
This contemporary development boasts a selection of beautifully designed apartments, ideal for professionals, couples, and families seeking a modern lifestyle.
**Pictures shown of the Show Apartment, multiple units available at different prices** The flat features a well-appointed reception room that flows seamlessly into a stylish open-plan living area, perfect for both relaxation and entertaining.
The kitchen is fitted with high-quality integrated appliances, ensuring a functional yet elegant space for culinary pursuits.
The spacious bedroom offers a tranquil retreat, while the sleek modern bathroom is designed with comfort and convenience in mind.
Ample storage throughout the apartment enhances the practicality of this delightful home. Large windows flood the living spaces with natural light, creating a warm and inviting atmosphere.
The location is particularly advantageous, as it is just a short distance from Rickmansworth town centre, where you will find a variety of cafés, restaurants, shops, and essential amenities.
For those commuting, Rickmansworth Station provides excellent transport links into Central London via the Metropolitan Line and Chiltern Railways.
Additionally, the nearby M25 offers easy access to Heathrow Airport and surrounding areas.
Nature enthusiasts will appreciate the proximity to the Rickmansworth Aquadrome and the Grand Union Canal, which offer picturesque green spaces and scenic walking routes right at your doorstep.
With council tax band C or D and parking available for an additional £100 per space, this flat at Drake House is a remarkable choice for anyone looking to embrace a modern lifestyle in a vibrant community.
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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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
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FAQ
About 7 Drake House, Homestead Road, Rickmansworth
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