Aitchisons says ..
An opportunity to purchase an unmodernised mid terraced property with planning permission to convert into a four bedroom family home, with off street parking to the front and a courtyard garden to the rear. Located in UNDER A 3 MINUTE WALK TO RADLETT'S Thames Link Station, with its direc...
Property Oracle says ..
This property, located on Station Road in Radlett, Hertfordshire, presents a significant renovation project. Currently, the property appears dated and requires comprehensive modernisation, as indicated by both the external and internal visuals and planning permission documents. The listing advertises plans for conversion into a four-bedroom family home, which significantly increases the potential value of the property once renovations are complete.
The location is a key strength. Radlett is a sought-after area, with the property offering easy access to Radlett train station for convenient commuting to London. Several schools are in close proximity making this suitable for families. However, while the property includes a small courtyard garden and off-street parking, the land size isn’t considerable.
The £700,000 list price should be considered in light of the substantial renovation required. Although the potential end result is a larger, modern family home in a great location, prospective buyers need to factor in significant renovation costs. A detailed cost analysis for the work will be vital before making an offer.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 4
- Location
- 8
- Land
- 3
- Bedrooms
- 4
- Bathrooms
- 0
- Sqft (est)
- 1,000.00
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Metrics Year-on-Year
- Average area value
- 3,580,000.00 £Increased by 267.59 %
- Est sale value
- 1,652,000.00 £Increased by 118.52 %
- Average area rental value
- 2,900.00 £/moDecreased by 10.66 %
- Est letting value
- 1,000.00 £/moDecreased by 50.00 %
- Est rental Yield
- 0.97 %Decreased by 75.75 %
- Crime Rate
- 38.00 %Unchanged by 0.00 %
Agent Activity
Aitchisons created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| H6 Radlett Link Family Centre | Children's Centre | 0.45 KM | |
| St John'S Church Of England Infant And Nursery School | Academy Converter | 0.91 KM | |
| Newberries Primary School | Community School | Good | 1.33 KM |
| Fair Field Junior School | Academy Converter | Good | 1.73 KM |
| Radlett Lodge School | Other Independent Special School | Good | 2.08 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Thelusson Court | £ 0 | 0 | 0.00 KM |
| Mornington Road | £ 0 | 0 | 0.00 KM |
| Watling Street | £ 4,335,000 | 0 | 0.00 KM |
| Paddock View | £ 2,250,000 | 0 | 0.00 KM |
| Maytrees | £ 2,250,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Radlett | 1546 | RDT | 0.23 KM |
| How Wood (Hertfordshire) | 1563 | HWW | 4.55 KM |
| Bricket Wood | 1560 | BWO | 4.93 KM |
| Park Street | 1561 | PKT | 5.01 KM |
| Elstree And Borehamwood | 1542 | ELS | 5.65 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Station Road, Radlett | £ 995,000 | BUY | 7 / 10 | 0.00 KM |
| Station Road, Radlett, Hertfordshire, WD7 | £ 530,000 | BUY | 8 / 10 | 0.07 KM |
| Station Road, Radlett, Hertfordshire, WD7 | £ 600,000 | BUY | 7 / 10 | 0.07 KM |
| Watling Street, Radlett, Hertfordshire, WD7 | £ 270,000 | BUY | 6 / 10 | 0.07 KM |
| Watling Street, Radlett | £ 325,000 | BUY | Unknown | 0.07 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 1a Station Road | £ 408,000 | 0.07 KM |
| 23 Station Road | £ 560,000 | 0.07 KM |
| 1 Station Road | £ 315,000 | 0.07 KM |
| 1b Station Road | £ 355,000 | 0.07 KM |
| 29 Station Road | £ 517,000 | 0.07 KM |