Riverwell Close, Watford, Hertfordshire, WD18
IM

Riverwell Close, Watford, Hertfordshire, WD18

By Imagine

£ 117,000

Reviews

3 out of 5 stars

Imagine says ..

This fantastic one bedroom top floor apartment comes with a 45% shared ownership in Willow Lodge. It's a new development of 33 one & two bedroom shared ownership apartments situated within Watford’s largest and most exciting regeneration areas, Watford Riverwell. This excitin...

Property Oracle says ..

This one-bedroom apartment in Watford’s Riverwell Close offers a modern and well-maintained living space. The property’s contemporary design is evident in the kitchen and bathroom, which appear newly fitted. Images show a spacious, open-plan living area with a comfortable layout. There is a good-sized balcony offering some outdoor space, although this is limited compared to a property with a garden. The apartment’s location benefits from proximity to Watford Junction train station, providing convenient access to wider commuting options. Several schools with good Ofsted ratings are also located nearby. The property is offered as a shared ownership, meaning that the buyer would own a percentage of the apartment (45% in this case), and pay rent on the remaining share. While this can be an attractive option for first-time buyers, it’s important to understand the implications of this ownership structure, including potential restrictions and the requirement for ongoing rent payments. The overall impression is of a modern and well-presented apartment, suitable for a single person or couple, conveniently located but lacking private outdoor space. More detailed information regarding the specific shared ownership terms is needed for a complete assessment.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
9
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
540.35

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
306,822.00 £
Increased by 10.02 %
from 278,883.00 £
Est sale value
195,606.70 £
Decreased by 2.69 %
from 201,010.20 £
Average area rental value
1,848.00 £/mo
Decreased by 4.20 %
from 1,929.00 £/mo
Est letting value
1,080.70 £/mo
Unchanged by 0.00 %
from 1,080.70 £/mo
Est rental Yield
7.23 %
Decreased by 12.89 %
from 8.30 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Imagine marked this listing as sold.

  • Imagine created the listing.

Nearby Schools

NameTypeOfstedDistance
Laurance Haines SchoolAcademy ConverterGood0.16 KM
Chater Infant SchoolCommunity SchoolGood0.89 KM
Chater Junior SchoolCommunity SchoolOutstanding0.90 KM
W4 Littlebury Family CentreChildren's Centre1.02 KM
Chessbrook Education Support CentrePupil Referral UnitOutstanding1.03 KM

Images

Picture No. 07 Picture No. 01 Picture No. 02 Picture No. 04 Picture No. 11 Picture No. 08 Picture No. 06 Picture No. 03 Picture No. 05 Picture No. 09 Picture No. 10 Picture No. 12 Picture No. 13 Picture No. 14

Nearby Streets

NameAverage PriceAverage SqftDistance
Cardiff Road Industrial Estate £ 000.00 KM
Deckle Avenue £ 000.00 KM
Inkwell Avenue £ 000.00 KM
Thomas Sawyer Way £ 558,00000.00 KM
Yellow Brick Road £ 465,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Watford High Street1455WFH1.73 KM
Watford Junction1402WFJ2.18 KM
Bushey1395BSH2.29 KM
Carpenders Park1442CPK3.00 KM
Watford North1403WFN3.71 KM

Nearby Listings

AddressPriceTypeScoreDistance
Riverwell Close, Watford, Hertfordshire, WD18 £ 117,000BUY6 / 100.00 KM
Riverwell Close, WATFORD £ 365,000BUY5 / 100.10 KM
Riverwell Close, Watford £ 350,000BUY7 / 100.10 KM
Riverwell Close, Watford, Hertfordshire, WD18 £ 375,000BUY5 / 100.12 KM
Mayfield Villages, Thomas Sawyer Way, Watford, Hertfordshire, WD18 £ 424,950BUY8 / 100.19 KM

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32 Rose Gardens £ 420,0000.13 KM
26 Rose Gardens £ 300,0000.13 KM