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 %
- Est sale value
- 460,268.16 £Decreased by 1.33 %
- Average area rental value
- 1,770.00 £/moIncreased by 12.88 %
- Est letting value
- 2,332.44 £/moIncreased by 50.00 %
- Est rental Yield
- 6.62 %Increased by 49.77 %
- Crime Rate
- 10.00 %Unchanged by 0.00 %
Agent Activity
Simmons Estates created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Elstree Screen Arts Academy | University Technical College | Good | 0.31 KM |
| H5 Borehamwood Link Family Centre | Children's Centre | 0.79 KM | |
| Hertswood Academy | Academy Converter | Requires improvement | 0.85 KM |
| Kenilworth Primary School | Community School | Requires improvement | 0.93 KM |
| Monksmead School | Community School | Good | 1.04 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Denham Way | £ 0 | 0 | 0.00 KM |
| Gregson Close | £ 0 | 0 | 0.00 KM |
| York Crescent | £ 301,333 | 0 | 0.00 KM |
| Northfield Road | £ 0 | 0 | 0.00 KM |
| Meadow Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Elstree And Borehamwood | 1542 | ELS | 2.50 KM |
| Mill Hill Broadway | 1527 | MIL | 5.65 KM |
| Radlett | 1546 | RDT | 6.84 KM |
| Potters Bar | 6022 | PBR | 8.34 KM |
| Brookmans Park | 6074 | BPK | 8.90 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Hay Close, Borehamwood, Hertfordshire, WD6 | £ 400,000 | BUY | Unknown | 0.01 KM |
| Banks Road, Borehamwood | £ 300,000 | BUY | Unknown | 0.02 KM |
| Rutherford Close, Borehamwood, WD6 | £ 370,000 | BUY | 7 / 10 | 0.10 KM |
| Rutherford Close, Borehamwood, WD6 | £ 340,000 | BUY | Unknown | 0.10 KM |
| Hancock Court, Borehamwood | £ 375,000 | BUY | 6 / 10 | 0.11 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 8 Banks Road | £ 159,000 | 0.01 KM |
| 10 Banks Road | £ 91,000 | 0.01 KM |
| 7 Banks Road | £ 175,000 | 0.01 KM |
| 6 Banks Road | £ 155,750 | 0.01 KM |
| 3 Banks Road | £ 425,000 | 0.01 KM |