We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on Fairfield Avenue, this well-presented one bedroom apartment offers stylish and comfortable living in a convenient Watford location.
The property provides a bright and welcoming reception room, creating an ideal space for both relaxing and entertaining.
The modern kitchen is well equipped with a range of fitted units and appliances, while the accommodation also benefits from a well-proportioned bedroom and a contemporary bathroom.
The apartment is particularly well suited to first-time buyers, professional couples, downsizers or investors looking for a well-located property with excellent transport links of Carpenders Park within very close proximity offering overground station where people can travel directly to London Euston and there are local amenities including local shops, green areas, a leisure centre and a supermarket all within a short walking distance.
Fairfield Avenue is conveniently positioned for access to Watford town centre, offering an excellent selection of shops, restaurants, cafés and leisure facilities.
Watford Junction provides fast rail connections into London, while the surrounding area also benefits from a good choice of schools, parks and everyday amenities.
Key features include: * Double bedroom * Bright and spacious living accommodation * Modern fitted kitchen * Contemporary bathroom * Utility Room/Storage space * Popular residential development * Convenient location for Watford town centre and direct train access to London.
* Excellent transport links * Ideal for first-time buyers, investors or downsizers An excellent opportunity to acquire a well-located one-bedroom apartment in Watford.
Early viewing is highly recommended. To book a viewing instantly just visit our website or download our award-winning App.
Service Charges We have been advised that the Service Charges are £1,627.49 per annum. All buyers are advised to verify this with their solicitors.
Lease Information We have been advised that the lease expires in 2268 therefore giving around 241 years remaining. All buyers are advised to verify this with their solicitors.
Property Ownership Information Tenure Leasehold Council Tax Band B Annual Ground Rent No ground rent Ground Rent Review Period No review period Annual Service Charge £1,627.49 Service Charge Review Period No review period Lease End Date 04/04/2268 Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Purplebricks and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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 Fairfield Avenue, Watford
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