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See how verdicts workStudio · WD24 7PL
Listing removedReduced £5k (−2.9%) on 20 JunListed 253 days
Opportunity summary
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About
Chain free. Situated in a popular private development in North Watford, just a short stroll to Watford Junction, Warren Anthony are delighted to offer for sale a Super Studio apartment.
This property will make an excellent first time or investment purchase. Our property comes with the additional benefit of permitted parking.
Full Description A fabulous super studio apartment located a 10 minute walk to Watford Junction Station. The perfect first time buy or investment and ideally offered for sale chain free.
Entered from the secure entrance to communal hallway with stairs to all floors. Our apartment is on the second floor.
The front door leads to a small entrance hallway with doors leading the bathroom and to the reception room. Also access to utility cupboard.
We consider the open plan reception room to be of good size with plenty of room for a suite, dining table and storage. Lots of natural light is provided from the double glazed front aspect window.
Carpet to floor, wall mounted electric heater, pendant lighting and plenty of power points. Access to both the kitchen and sleeping area.
The kitchen has a good range of fitted units at base and eye level with space for electric cooker, space for full size fridge-freezer and a washing machine.
The kitchen has been well designed to offer plenty of worktop space. The double glazed window again overlooks the front aspect.
The sleeping area of our studio apartment is a very generously sized room. It offers plenty of walkway as well as enough space for a double bed and bedroom furniture.
And it comes with an integral double width built-in cupboard with mirrored sliding doors. With double glazed window to the side aspect.
There is a wall mounted electric heater, carpet to floor, pendant lighting and powerpoints.
The bathroom has a panel enclosed bath, glass screen shower partition, with mixer tap and shower attachment, low level w.c. And wash hand basin. Chrome towel rail.
There is permitted residential parking and communal grounds to the rear, as well as a purpose built brick refuse and storage block.
Lease : 98 years remaining Service charge: £1,020 per annum which includes buildings insurance Ground rent £160 per annum Economy 7 Electricity Council Tax: Watford Council 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
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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
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FAQ
About 14c, Chiswell Court, Watford
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