Drake House, Homestead Road, Rickmansworth
SA

Drake House, Homestead Road, Rickmansworth

By Savills

£ 7,500,000

Reviews

3 out of 5 stars

Savills says ..

VACANT OFFICE WITH POTENTIAL FOR RESIDENTIAL CONVERSION

Property Oracle says ..

Drake House, located in Rickmansworth, Hertfordshire, is currently listed as a vacant office building with potential for residential conversion. The property enjoys a convenient location near Rickmansworth tube station, providing easy access to London and other areas. Several schools are within a reasonable distance, making it a potentially attractive location for families. The exterior of the building appears to be well-maintained in the provided photographs, though more comprehensive internal imagery is needed to assess the overall condition. The land area isn’t specified, and the absence of square footage data for both the building and the plot hinders a precise evaluation of the price per square foot. The £7,500,000 list price represents a significant investment, especially considering the necessary conversion work required to make it suitable for residential use. Therefore, detailed architectural plans, surveys and potentially planning permission applications should be reviewed to appropriately value this property.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
7
Location
8
Land
4
Bedrooms
0
Bathrooms
0

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
792,500.00 £
Increased by 11.09 %
from 713,364.00 £
Average area rental value
1,493.00 £/mo
Decreased by 32.07 %
from 2,198.00 £/mo
Est rental Yield
2.26 %
Decreased by 38.92 %
from 3.70 %
Crime Rate
72.00 %
Unchanged by 0.00 %
from 72.00 %

Agent Activity

  • Savills created the listing.

Nearby Schools

NameTypeOfstedDistance
Saint Joan Of Arc Catholic SchoolAcademy ConverterGood0.67 KM
Rickmansworth Park Junior Mixed And Infant SchoolCommunity SchoolGood0.74 KM
Royal Masonic School For GirlsOther Independent School0.84 KM
St Mary'S Church Of England Primary School, RickmansworthVoluntary Aided SchoolGood1.26 KM
Charlotte House Preparatory SchoolOther Independent School1.35 KM

Images

DCIM\101MEDIA\DJI_0941.JPG

Nearby Streets

NameAverage PriceAverage SqftDistance
Beeson's Yard £ 000.00 KM
Wensum Way £ 796,33300.00 KM
Valley Road £ 480,00000.00 KM
Park Way £ 1,175,00000.00 KM
Chalmers Court £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Rickmansworth687RIC0.22 KM
Chorleywood546CLW5.40 KM
Denham3052DNM7.47 KM
Kings Langley1392KGL8.16 KM
Denham Golf Club3060DGC8.44 KM

Nearby Listings

AddressPriceTypeScoreDistance
Swan House, Homestead Road, Rickmansworth, WD3 1FX £ 250,000BUY6 / 100.03 KM
Swan House, Homestead Road, Rickmansworth £ 279,000BUY6 / 100.06 KM
Homestead Road, Rickmansworth, Hertfordshire £ 255,000BUY6 / 100.06 KM
Northway, Rickmansworth £ 280,000BUY5 / 100.09 KM
Homestead Road, Rickmansworth, WD3 £ 265,000BUY7 / 100.10 KM

Nearby Properties

AddressPriceDistance
31 Penn Place £ 240,0000.12 KM
142 High Street £ 232,8000.22 KM
163b High Street £ 253,0000.23 KM
163a High Street £ 194,0000.23 KM
9 Parsonage Road £ 650,0000.29 KM