Oakbank, Watling Street, Radlett
Village Estates logo

Oakbank, Watling Street, Radlett

By Village Estates

£ 260,000

Reviews

3 out of 5 stars

Village Estates says ..

INVESTMENT OPPORTUNITY. Tenants currently paying £1350 PCM. Current contract expires August 2025. A well presented 1 bedroom ground floor apartment located within easy walking distance of Radlett's shops and train station. The accommodation faces the rear of the building benefit...

Property Oracle says ..

This one-bedroom ground floor apartment in Radlett, Hertfordshire offers a potentially attractive investment opportunity. Located in the desirable town of Radlett, it benefits from its proximity to the train station and local shops. The interior is modern and well-maintained based on the provided photographs. The apartment benefits from access to communal garden space. The listed price of £260,000 appears reasonable, especially given the currently high rental income of £1350 per calendar month. However, potential buyers should conduct a thorough survey to assess the building’s structural integrity and any potential long-term maintenance costs. Further investigation into service charges and the specifics of the tenancy agreement is also advisable. The listing highlights the convenient location and recent renovations, emphasizing its investment appeal. The lack of precise square footage data for similar properties in the vicinity makes a direct price comparison challenging, but the overall package appears competitive for the area.

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
7
Location
7
Land
4
Bedrooms
1
Bathrooms
1
Sqft (est)
445.63

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
1,942,499.00 £
Increased by 58.14 %
from 1,228,329.00 £
Est sale value
409,088.34 £
Increased by 34.21 %
from 304,810.92 £
Average area rental value
2,096.00 £/mo
Decreased by 7.26 %
from 2,260.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 445.63 £/mo
Est rental Yield
1.29 %
Decreased by 41.63 %
from 2.21 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • Village Estates marked this listing as sold.

  • Village Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
H6 Radlett Link Family CentreChildren's Centre0.29 KM
Newberries Primary SchoolCommunity SchoolGood0.88 KM
St John'S Church Of England Infant And Nursery SchoolAcademy Converter1.32 KM
Radlett Preparatory School LimitedOther Independent SchoolGood1.53 KM
Hertsmere Jewish Primary SchoolAcademy Sponsor Led1.55 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
The Mews £ 1,195,00000.00 KM
Thelusson Court £ 000.00 KM
Maytrees £ 2,250,00000.00 KM
Waterside £ 2,800,00000.00 KM
Paddock View £ 2,250,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Radlett1546RDT0.58 KM
Elstree And Borehamwood1542ELS4.95 KM
How Wood (Hertfordshire)1563HWW5.28 KM
Bricket Wood1560BWO5.58 KM
Park Street1561PKT5.73 KM

Nearby Listings

AddressPriceTypeScoreDistance
Oakbank, Watling Street, Radlett £ 260,000BUY6 / 100.00 KM
Loom Lane, Radlett, Hertfordshire, WD7 £ 7,950,000BUYUnknown0.15 KM
Loom Lane, Radlett, WD7 £ 7,950,000BUYUnknown0.16 KM
Watling Street, Radlett £ 849,950BUYUnknown0.20 KM
Christchurch Crescent, Radlett £ 1,225,000BUY6 / 100.24 KM

Nearby Properties

AddressPriceDistance
467 Watling Street £ 572,0000.04 KM
417 Watling Street £ 575,0000.04 KM
475 Watling Street £ 470,0000.04 KM
421 Watling Street £ 575,0000.04 KM
419 Watling Street £ 575,0000.04 KM