Northwood says ..
SPACIOUS two DOUBLE BEDROOM flat with gated parking | Short walk to Watford Junction Station | Large >20' open plan living room | Lease remaining >135 years | Opportunity for first time buyer or investor | NO CHAIN
Property Oracle says ..
This two-bedroom flat located at 29 Loates Lane, Watford, WD17, is a central Watford property. Its proximity to Watford Junction station offers excellent transport links. The property includes allocated parking, a significant advantage in a busy town centre. Nearby amenities, including schools (some rated ‘Good’ or ‘Outstanding’ by Ofsted), are also a major plus, enhancing convenience and family appeal.
The flat itself, based on the images, presents a mixed picture. Some areas, such as the kitchen and the bathroom, look reasonably well-maintained, though they could benefit from aesthetic upgrades. However, other areas appear somewhat dated; the carpets in the bedrooms seem worn, and there are some minor cosmetic issues visible on some walls. Whilst generally clean, the property’s overall condition is adequate but not high-end.
The lack of private outdoor space is a noteworthy consideration. While a communal area exists, this is limited and doesn’t provide the same advantages as a private garden. The lack of square footage information prevents a detailed cost-per-square-foot analysis, which would allow for more precise determination of value. Considering comparable properties in the surrounding area (ranging from £270,000 to £350,000), the listing price of £260,000 falls within a competitive market range, especially considering the location benefits. However, factoring in the property’s condition, the overall value is deemed to be sound, but not outstandingly good.
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
- 5
- Location
- 7
- Land
- 2
- Bedrooms
- 2
- Bathrooms
- 1
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Metrics Year-on-Year
- Average area value
- 487,124.00 £Increased by 94.35 %
- Average area rental value
- 1,220.00 £/moIncreased by 6.46 %
- Est rental Yield
- 3.01 %Decreased by 45.17 %
- Crime Rate
- 33.00 %Unchanged by 0.00 %
Agent Activity
Northwood created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Watford St John'S Church Of England Primary School | Free Schools | Good | 0.28 KM |
| Central Primary School | Community School | Good | 0.30 KM |
| Watford Grammar School For Girls | Academy Converter | 0.63 KM | |
| Watford Field School (Infant & Nursery) | Community School | Good | 0.84 KM |
| Field Junior School | Community School | Outstanding | 0.84 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Sutton Road | £ 225,000 | 0 | 0.00 KM |
| Duke Street | £ 475,000 | 0 | 0.00 KM |
| Cross Street | £ 360,000 | 0 | 0.00 KM |
| Grosvenor Road | £ 326,667 | 0 | 0.00 KM |
| Clarendon Road | £ 155,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Watford High Street | 1455 | WFH | 0.56 KM |
| Watford Junction | 1402 | WFJ | 0.78 KM |
| Bushey | 1395 | BSH | 1.59 KM |
| Watford North | 1403 | WFN | 2.15 KM |
| Carpenders Park | 1442 | CPK | 3.31 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Loates Lane, Watford | £ 100,000 | BUY | 5 / 10 | 0.00 KM |
| Loates Lane, Watford | £ 250,000 | BUY | 5 / 10 | 0.00 KM |
| Loates Lane, Watford | £ 350,000 | BUY | 6 / 10 | 0.00 KM |
| Loates Lane, Watford | £ 290,000 | BUY | 7 / 10 | 0.00 KM |
| Loates Lane, Watford | £ 260,000 | BUY | 5 / 10 | 0.00 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 41 Loates Lane | £ 235,000 | 0.05 KM |
| 31 Loates Lane | £ 238,250 | 0.05 KM |
| 11 Earl Street | £ 313,000 | 0.06 KM |
| 6 Earl Street | £ 172,950 | 0.06 KM |
| 1 Earl Street | £ 205,000 | 0.08 KM |