3-bedroom flat · WD3 4EQ
Sold STCReduced £45k (−5%) on 20 JunListed 396 days
Opportunity summary
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About
** Please quote SR0671 ** The Property: A rare opportunity to acquire a truly exceptional three-bedroom, three-bathroom penthouse apartment located in the heart of Rickmansworth.
Built in 2016 by renowned developers Chase New Homes, this luxurious property exudes comfort and elegance from the moment you step inside.
The grand reception hall immediately creates a sense of both space and sophistication, providing access to all principal rooms.
At the heart of the home is an impressive open-plan kitchen, living, and dining area - flooded with natural light and offering a superb space for entertaining or relaxing with friends and family.
The kitchen is beautifully appointed with a wide range of high-quality appliances, sleek stone worktops, and ample storage.
One of the standout features is the principal bedroom suite, which includes a stylish en-suite bathroom and access to a private, enclosed balcony - perfect for enjoying a morning coffee or a glass of wine in the evening.
The spacious second bedroom also benefits from a modern en-suite shower room and its own enclosed balcony.
A third contemporary shower room is conveniently located off the hallway, serving guests or the third bedroom.
Additional features include a integrated sound system with ceiling speakers, a video entry system, and access to impeccably maintained communal areas and landscaped gardens.
The building also benefits from a lift to all floors and the property comes with two secure underground parking spaces.
Please note the property is literally a 2 minute walk from Rickmansworth Metropolitan Line station which provides both a fail rail service (Chiltern Line to Marylebone - circa 25 minutes) and access via the Met.
Line to the London Underground network. This is a truly outstanding penthouse in a prime location — early viewing is highly recommended.
Lease: 125 years from 01/01/16 Service charge £3,756.76 pa Ground rent £350 pa The Location: Rickmansworth is a charming 'market' town located in Hertfordshire (northwest of London) and nestled within the picturesque Three Rivers District.
This historic place, with a rich tapestry of natural beauty and cultural heritage, is a delightful destination that seamlessly blends the tranquillity of rural life with the convenience of modern amenities.
The vibrant high street has a great mix of independent and boutique shops, quaint cafes and eateries, as well as larger supermarket retailers.
One of Rickmansworth's most defining features is its stunning waterways. The town is situated along the Grand Union Canal, providing a scenic backdrop for leisurely walks, cycling, and boating.
It's beauty is further enhanced by the adjacent Aquadrome Park, a vast nature reserve that offers a peaceful respite from the hustle and bustle of city life.
Visitors can enjoy picnics, wildlife watching, or simply unwind by the lakeshores.
Rickmansworth's strategic location ensures easy access to London, with excellent fast rail links (Chiltern Line to Marylebone - circa 25 minutes) via Rickmansworth Metropolitan Line station and road connections (m25 Junction 18 close by and M1 within close reach), making it an attractive and efficient commuter town for those seeking a balance between urban and rural life.
An excellent choice of both state and private schools are available locally.
Value & comps
No previous sales on record.
Returns
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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 Exchange Mansion,14, Victoria Close, Rickmansworth
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