138A-140 St. Albans Road, Watford, Hertfordshire WD24 4FT
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138A-140 St. Albans Road, Watford, Hertfordshire WD24 4FT

By Blue Alpine

£ 525,000

Reviews

2 out of 5 stars

Blue Alpine says ..

Two Leasehold Self-Contained First Floor Flats subject to Two Assured Shorthold Tenancies. Comprises two first floor self-contained flats situated within a mid-terrace building. Leasehold. Situated on the east side of St Albans Road (A412), to the south of its junction with Brixton Road.

Property Oracle says ..

This property in Watford is a block of two first-floor flats located on a busy road. The flats are currently let, which may be appealing to investors. The proximity to Watford Junction is a positive factor, offering easy access to London and other destinations. The area also has schools that have received good or outstanding Ofsted ratings. However, information regarding the individual sizes of each flat and amenities is lacking. The provided images reveal that the flats are relatively simple and functional, needing some modernising and potential repairs to achieve a higher standard. The exterior doesn't appear to have substantial land or a garden, suggesting a smaller footprint. Whilst the price might be deemed reasonable in relation to the income potential and location, more information on precise size and individual flat conditions would permit a more precise market valuation. Investors should consider the potential for renovation costs alongside the likely rental income when assessing this opportunity. More details about tenancy agreements are also required for a complete assessment of this investment. Therefore, we give this property 5 / 10. *Disclamer: This is our opition and does constitute a recommendation or financial advice. Do your own research.*

Price
7
Condition
5
Location
7
Land
1
Bedrooms
4
Bathrooms
0

Metrics

Area value Growth
71,897
Increased by 12%
from 70,946
Rental Yield Growth
24.57%
Decreased by 4.05%
from 28.62%

Agent Activity

  • Blue Alpine created the listing.

Nearby Schools

NameTypeOfstedDistance
The Watford UtcUniversity Technical CollegeGood0.81 KM
Parkgate Junior SchoolCommunity SchoolOutstanding0.81 KM
Knutsford Primary AcademyAcademy Converter1.17 KM
Watford St John'S Church Of England Primary SchoolFree SchoolsGood1.20 KM
Parkgate Infants' And Nursery SchoolCommunity SchoolGood1.24 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Station Road £ 350,00000.60 KM
Thrums £ 500,00000.90 KM
Federal Way £ 000.94 KM
A411 £ 260,00000.98 KM
Bushey Mill Lane £ 375,00000.98 KM

Nearby Transport

NameNLCTLCDistance
Watford Junction1402WFJ0.61 KM
Watford North1403WFN1.14 KM
Watford High Street1455WFH1.93 KM
Garston (Hertfordshire)1559GSN2.64 KM
Bushey1395BSH2.92 KM

Nearby Listings

AddressPriceScoreDistance
136A St. Albans Road, Watford, Hertfordshire WD24 4FT £ 265,0004 / 100.00 KM
138A-140 St. Albans Road, Watford, Hertfordshire WD24 4FT £ 525,0005 / 100.00 KM
138a-140a St. Albans Road, Watford, Hertfordshire, WD24 4FT £ 365,000Unknown0.04 KM
Hatfield Road, Watford, WD24 £ 375,000Unknown0.10 KM
Lowestoft Road, Watford £ 395,000Unknown0.10 KM

Nearby Properties

AddressPriceDistance
142c St Albans Road £ 155,0000.00 KM
142b St Albans Road £ 150,0000.00 KM
142a St Albans Road £ 132,5000.01 KM
225a St Albans Road £ 90,0000.10 KM
193a St Albans Road £ 150,0000.10 KM