2-bedroom flat · WD3 8UE
For saleListed 14 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Proffitt & Holt are proud to offer to the market this beautifully presented two bedroom ground floor apartment, situated on Springwell Lane and enjoying a truly exceptional feature - a private balcony that leads onto a communal grass area that looks out over the River Colne.
It is this rare combination of wonderful outdoor space and stunning waterside views that originally attracted the current vendors to the property, and it remains one of the defining features of this special home.
The outlook is what sets this apartment apart from other properties in the area, offering a peaceful and picturesque setting that is particularly difficult to find.
The property is presented in excellent condition throughout and begins with a welcoming entrance hall, featuring useful storage and access to all rooms.
The kitchen is well presented and thoughtfully arranged, with an opening that leads through to the bright and inviting, double aspect reception room, which is neutrally decorated and well presented throughout.
Patio doors open directly onto the outside terrace, creating a wonderful extension of the living space and providing an enviable setting in which to relax, entertain or simply sit and enjoy the idyllic views across the River Colne.
The combination of the terrace and outlook provides a wonderful sense of space and tranquillity and is undoubtedly the standout feature of this home.
There are two well-proportioned bedrooms, both benefiting from built-in wardrobes, with the principal bedroom further complemented by an en-suite shower room.
The main bathroom is well presented and fitted with a modern three-piece suite.
Externally, the property benefits from allocated parking, while the balcony offers particularly desirable access to the communal outdoor space and, most importantly, an outlook that gives this apartment its unique sense of tranquillity and appeal.
Springwell Lane is conveniently situated for Rickmansworth town centre, with its excellent selection of shops, bars and restaurants, together with excellent transport links.
EPC Rating: D Location Springwell Lane is conveniently situated for Rickmansworth town centre, with its excellent selection of shops, bars and restaurants, together with excellent transport links.
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
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FAQ
About Flat 3, Ridge House Springwell Lane, Rickmansworth
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