4-bedroom house · WD25 8AX
Listing removedListed 177 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set behind secure gated access along a private road, Milne House is a beautifully restored Grade II listed former coaching inn, reimagined as a distinctive townhouse that balances period character with modern contemporary living.
The property immediately conveys a sense of privacy and quiet separation from its surroundings and offers a setting that feels both secure and discreet, whilst remaining well connected.
Internally, the accommodation has been thoughtfully arranged across multiple levels, creating a natural flow between living and bedroom spaces.
The ground floor centres around a well-proportioned kitchen and breakfast room, forming the heart of the home and providing a sociable space for day-to-day living.
From here, the layout opens into a bright and generously sized reception room overlooking the garden, offering a comfortable setting for both everyday use and more formal entertaining.
A separate dining room provides flexibility for home working or an additional reception space, whilst a cloakroom completes the floor.
A useful lower ground floor level adds further versatility and can be adapted to suit a variety of needs, whether as a cinema room, gym, or quiet retreat. The bedroom accommodation is well balanced.
The first floor comprises three bedrooms, including a particularly spacious second bedroom, alongside a family bathroom.
The principal suite occupies the upper level and forms a private and well-considered space, incorporating a dressing area, ensuite facilities, and direct access to a substantial terrace.
This elevated position provides attractive views across surrounding greenery and creates a natural extension of the living space during warmer months.
Externally, the garden is a notable feature, backing onto the River Colne and offering a peaceful, established setting with a strong sense of privacy.
The space is well suited to both family use and outdoor entertaining, with mature planting providing structure and seclusion.
Milne House represents a rare opportunity to acquire a home of genuine character, offering a combination of historical interest, practical living space and a setting that is both private and well positioned.
The property enjoys convenient access to Bushey and Radlett, with a range of amenities, fantastic schooling and transport connections such as the A41 & M1 nearby.
The surrounding area offers a balance of green space and connectivity, appealing to buyers seeking both lifestyle and practicality. Council Tax Band: G
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 Milne House, Otterspool Lane, Watford
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