Otley Way, Watford
CO

Otley Way, Watford

By Connells

£ 225,000

Reviews

2 out of 5 stars

Connells says ..

** GATED DEVELOPMENT ** PURPOSE BUILT FIRST FLOOR APARTMENT ** SIZEABLE RECEPTION ROOM ** MODERN FITTED KITCHEN ** PRIVATE BALCONY ** RESIDENTIAL OFF-STREET PARKING ** LONG LEASE ** GREAT ACCESS TO CARPENDERS PARK STATION ** IDEAL FOR FIRST TIME BUYERS & INVESTORS ***

Property Oracle says ..

This property is a one-bedroom apartment located in South Oxhey, Watford. The apartment is situated in a convenient location with several primary schools within a short distance, including Oxhey Wood Primary School (0.19km), Warren Dell Primary School (0.33km), and St Joseph Catholic Primary School (0.45km). Transportation links are also readily available, with Carpenders Park London Overground station only 0.81km away. The property itself is a one-bedroom apartment with a relatively small plot size of 0.00 sqft. Based on the images provided, the property appears to be in need of some modernisation and updating. The kitchen and bathroom show signs of wear and tear, and the overall condition could be improved. The list price of £225,000 is significantly lower than the average price for the area (£384,606), however, this is likely due to the condition of the property and its smaller size (470 sqft) compared to the average (866 sqft). Considering the need for renovations, the price may be reasonable for a buyer willing to undertake these improvements. However, the lack of outdoor space is a notable drawback.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
4
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
470.00

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
458,750.00 £
Increased by 22.99 %
from 373,006.00 £
Est sale value
250,040.00 £
Increased by 18.22 %
from 211,500.00 £
Average area rental value
1,833.00 £/mo
Increased by 3.09 %
from 1,778.00 £/mo
Est letting value
940.00 £/mo
Unchanged by 0.00 %
from 940.00 £/mo
Est rental Yield
4.79 %
Decreased by 16.26 %
from 5.72 %
Crime Rate
27.00 %
Unchanged by 0.00 %
from 27.00 %

Agent Activity

  • Connells created the listing.

Nearby Schools

NameTypeOfstedDistance
Oxhey Wood Primary SchoolAcademy Converter0.19 KM
3R5 South Oxhey Family CentreChildren's Centre0.30 KM
Warren Dell Primary SchoolAcademy Converter0.33 KM
Colnbrook SchoolCommunity Special SchoolOutstanding0.37 KM
St Joseph Catholic Primary SchoolVoluntary Aided SchoolOutstanding0.45 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Oakdale Close £ 450,00000.00 KM
Padgate House £ 229,00000.00 KM
Mundsley Close £ 000.00 KM
Harrogate Road £ 000.00 KM
27 £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Carpenders Park1442CPK0.81 KM
Bushey1395BSH2.34 KM
Watford High Street1455WFH2.95 KM
Hatch End1398HTE3.27 KM
Watford Junction1402WFJ4.18 KM

Nearby Listings

AddressPriceTypeScoreDistance
Otley Way, Watford £ 225,000BUY4 / 100.00 KM
Dunfermline House, Otley Way, South Oxhey £ 225,000BUY7 / 100.07 KM
Oxhey Drive, South Oxhey £ 259,950BUY5 / 100.07 KM
St. Andrews Way, Watford, Hertfordshire £ 300,000BUY7 / 100.09 KM
St. Andrews Way, Watford, Hertfordshire £ 375,000BUY6 / 100.09 KM

Nearby Properties

AddressPriceDistance
66 Oxhey Drive £ 226,0000.09 KM
16 Oxhey Drive £ 340,0000.09 KM
40 Oxhey Drive £ 201,0000.09 KM
22 Oxhey Drive £ 149,9500.09 KM
86 Oxhey Drive £ 346,0000.09 KM