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See how verdicts work1-bedroom flat · WD25 9PH
No longer listedReduced £15k (−6.3%) on 3 JulListed 135 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** modern 1st floor one bedroom apartment - balcony to front - open plan lounge/diner/kitchen - double bedroom with fitted wardrobe - family bathroom - council tax band D - allocated parking space - approx 102 year lease remaining - visitors parking bays ** We are delighted to be favoured with Sole agency instructions to offer for sale this modern one bedroom apartment situated on this popular Garston development just off of St Albans Road.
The property benefits from a nice size balcony to the front providing outdoor space and the apartment comes with one allocated parking space and there are also visitor spaces in addition.
An internal viewing is required to appreciate the benefits on offer so we would ask that you contact us without delay to arrange an early appointment to view.
Harry Charles Estate Agents 196 St Albans Road, Watford, Herts, WD24 4AS Regulated for Your Peace of Mind: •Members of PropertyMark Client Money Protection (cmp), our cmp Certificate and cmp Rules can be found on our website or available upon request.
•Registered with The Property Ombudsman for independent redress While every reasonable effort is made to ensure the accuracy of descriptions and content, we should make you aware of the following guidance or limitations.
1.These particulars do not constitute part or all of an offer or contract. 2.Measurements: When provided they are approximate room sizes intended as general guidance.
3.Potential buyers are advised to recheck the measurements before committing to any expense.
4.Harry Charles Ltd has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
5.Harry Charles Ltd has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
6.money laundering regulations Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the 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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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.
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FAQ
About 4, Melia Close, Watford
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