2-bedroom flat · WD3 1FX
Let agreedListed 164 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Drake House located on Homestead Road is a contemporary brand new development located within the sought-after Three Rivers Court in the heart of Rickmansworth.
Designed with modern living in mind, this thoughtfully curated scheme offers a collection of high-quality apartments tailored for convenience, comfort, and community.
Each home at Drake House features stylish interiors with open-plan layouts, fully fitted kitchens with integrated appliances, and spacious living areas designed to maximise natural light.
Bedrooms are generously sized, complemented by sleek bathrooms and ample storage throughout, creating a refined yet practical living environment.
Residents benefit from a professionally managed service, ensuring a seamless rental experience with responsive maintenance and dedicated support.
The development also promotes a sense of community, making it ideal for professionals, couples, and families alike.
Drake House presents an exceptional opportunity to be part of a vibrant, professionally managed rental community in one of Hertfordshire's most desirable locations.
Please see below for further pricing details.
Prices: Studio Apartments: Prices £1,350pcm – £1,450pcm 1 Bedroom Apartments: Prices £1,650pcm – £1,850pcm 2 Bedroom Apartments: Prices £1,950pcm – £2,100pcm furniture: Bronze Pack: 1 Bedroom – Furniture Only: £120 extra per month.
Furniture and Extras: £170 extra per month 2 Bedroom – Furniture Only: £170 extra per month. Furniture and Extras: £220 extra per month Silver Pack: 1 Bedroom – Furniture Only: £180 extra per month.
Furniture and Extras: £230 extra per month 2 Bedroom – Furniture Only: £240 extra per month. Furniture and Extras: £290 extra per month Gold Pack: 1 Bedroom – Furniture Only: £300 extra per month.
Furniture and Extras: £350 extra per month 2 Bedroom – Furniture Only: £450 extra per month.
Furniture and Extras: £550 extra per month Contact agent for more info parking: Parking is available for selected units, with some offering allocated spaces.
Price - £100 per space per month Location Situated on Homestead Road, Drake House enjoys a prime position in Rickmansworth, offering a perfect balance of connectivity and lifestyle.
Rickmansworth town centre is just a short distance away, providing a vibrant mix of independent cafés, restaurants, pubs, and everyday conveniences, all set within a welcoming community atmosphere.
For commuters, Rickmansworth station offers direct connections into Central London via the Metropolitan Line, alongside Chiltern Railways services to Marylebone.
The nearby M25 (Junctions 17 and 18) provides easy access to the wider motorway network, as well as Heathrow Airport.
The surrounding area is rich in green open space, with the Rickmansworth Aquadrome and the Grand Union Canal both within easy reach, making it an attractive location for those who value outdoor living alongside strong transport links.
Council Tax: Band c-d
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
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FAQ
About Drake House (2 bed) Homestead Road, Rickmansworth
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