Banks Road, Borehamwood
SI

Banks Road, Borehamwood

By Simmons Estates

£ 315,000

Reviews

2 out of 5 stars

Simmons Estates says ..

This well-maintained one-bedroom end of terrace house, located on the popular Studio Way development, offers an excellent opportunity for first-time buyers or investors. The accommodation includes a bright and airy lounge and kitchen with a breakfast bar on the ground floor, and a spacious master...

Property Oracle says ..

This one-bedroom, one-bathroom property located on Banks Road in Borehamwood, Hertfordshire, is listed at £315,000. The property itself presents as clean and ready to move into. The kitchen and bathroom, while functional, display a dated aesthetic. The property’s lack of garden space presents a significant drawback, especially for families. The property’s location in Borehamwood is a positive as it offers reasonably good access to transportation links (namely, Elstree & Borehamwood station), nearby schools, and local amenities. However, the exact location on Banks Road would require additional examination to fully assess the immediate surroundings. Overall, the property is likely to appeal to first-time buyers, investors, or single occupants seeking a convenient location, although the limited land and dated aspects may influence a prospective buyer’s decision. Further information on the specific location within Borehamwood, a detailed survey of the property’s structural condition, and comparison to recently sold properties would provide a comprehensive evaluation of its market value.

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
6
Location
7
Land
2
Bedrooms
1
Bathrooms
1
Sqft (est)
777.48

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
320,625.00 £
Decreased by 24.68 %
from 425,667.00 £
Est sale value
460,268.16 £
Decreased by 1.33 %
from 466,488.00 £
Average area rental value
1,770.00 £/mo
Increased by 12.88 %
from 1,568.00 £/mo
Est letting value
2,332.44 £/mo
Increased by 50.00 %
from 1,554.96 £/mo
Est rental Yield
6.62 %
Increased by 49.77 %
from 4.42 %
Crime Rate
10.00 %
Unchanged by 0.00 %
from 10.00 %

Agent Activity

  • Simmons Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
Elstree Screen Arts AcademyUniversity Technical CollegeGood0.31 KM
H5 Borehamwood Link Family CentreChildren's Centre0.79 KM
Hertswood AcademyAcademy ConverterRequires improvement0.85 KM
Kenilworth Primary SchoolCommunity SchoolRequires improvement0.93 KM
Monksmead SchoolCommunity SchoolGood1.04 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Denham Way £ 000.00 KM
Gregson Close £ 000.00 KM
York Crescent £ 301,33300.00 KM
Northfield Road £ 000.00 KM
Meadow Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Elstree And Borehamwood1542ELS2.50 KM
Mill Hill Broadway1527MIL5.65 KM
Radlett1546RDT6.84 KM
Potters Bar6022PBR8.34 KM
Brookmans Park6074BPK8.90 KM

Nearby Listings

AddressPriceTypeScoreDistance
Hay Close, Borehamwood, Hertfordshire, WD6 £ 400,000BUYUnknown0.01 KM
Banks Road, Borehamwood £ 300,000BUYUnknown0.02 KM
Rutherford Close, Borehamwood, WD6 £ 370,000BUY7 / 100.10 KM
Rutherford Close, Borehamwood, WD6 £ 340,000BUYUnknown0.10 KM
Hancock Court, Borehamwood £ 375,000BUY6 / 100.11 KM

Nearby Properties

AddressPriceDistance
8 Banks Road £ 159,0000.01 KM
10 Banks Road £ 91,0000.01 KM
7 Banks Road £ 175,0000.01 KM
6 Banks Road £ 155,7500.01 KM
3 Banks Road £ 425,0000.01 KM