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See how verdicts work2-bedroom flat · WD17 2PJ
For saleListed 712 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
OPPORTUNITY to acquire a competitively priced two DOUBLE BEDROOM flat with allocated parking in a CENTRAL LOCATION just a few minutes walk to the town centre, Watford High Street Station and Watford Junction Station (London Euston 20 minutes).
Offering 720 sq ft of accommodation (67 sq m), the property comes with many attractive features such as a spacious hallway with ample storage, a large OPEN PLAN living room (over 20' ft) with a well-fitted kitchen area, two good size double bedrooms, and gated allocated parking and communal gardens.
Built in 2007, the property now requires updating and redecoration and has been priced accordingly. Offered CHAIN FREE, a quick transaction may be possible.
The property offers over 720 sq ft (67 sq m) of accommodation arranged as follows: Hallway 4.5m x 1m (max): Two built-in storage cupboards.
Living room/kitchen 7.4m x 3.4m (max) Bedroom 1: 4.15m x 3.7m (max) Bedroom 2: 4.38m x 2.45m (max) Bathroom: 2.35m x 2.0m (max) EXTERNAL: Allocated parking space. Communal grounds.
LEASE INFORMATION: We are advised the LEASE REMIANING is over 135 years. Ground Rent: £260 per annum Service Charge: Please enquire EPC rating: C.
Tenure: Leasehold, Service charge description: £1974 every 6 months,
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 29 Loates Lane, Watford, WD17
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