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See how verdicts work1-bedroom flat · WD17 2QZ
Sold STCListed 108 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
REDUCED AND PRICED TO SELL - In our opinion this one bedroom apartment, with parking, will make an excellent investment or first time purchase.
Situated a walking distance to the Town Centre and Watford Junction. An early inspection is highly recommended.
Located in a popular residential road close to the Town Centre and Watford Junction, we are pleased to offer a Victorian converted ground floor apartment with no ongoing chain and parking.
The communal entrance door with stairs up to the first floors, then private entrance door into an open plan kitchen reception room with window to rear aspect storage and doors leading to the bathroom and bedroom.
The spacious kitchen/reception room provides a versatile living space and is finished in neutral colours with double glazed window and laminate flooring.
The modern fitted kitchen comprises of a range of high gloss effect wall and base units, roll top work surfaces, stainless sink and drainer unit with mixer tap, built in low level oven, inset hob with extractor hood above, and space for washing machine and fridge freezer.
Extractor fan and new heaters. The bathroom comprises of a practical white suite with WC, shower with glass enclosed screen, metro tiled walls, heated towel rail and extractor fan.
The bedroom has large glazed window providing ample natural light with laminate floor and room for storage.
Lease : 114 years remaining Service Charge 2025/2026 : £500 includes buildings insurance Ground Rent : £180 per annum EPC RATING E (expires 2031) COUNCIL TAX BAND B The vendor has provided us with this information and we have seen no documented evidence to support this.
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
Agent & docs
FAQ
About GLADSTONE ROAD, Watford
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