The Laundry Works, Watford, WD18
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The Laundry Works, Watford, WD18

By Foxtons

£ 385,000

Reviews

3 out of 5 stars

Foxtons says ..

The Laundry Works is an impressive new development of 1, 2 and 3 bedroom apartments and penthouses, a peaceful retreat with easy access to all the excitement of city life.

Property Oracle says ..

The property is a 2-bedroom, 2-bathroom flat located at The Laundry Works, Sydney Road, Watford, WD18 7ET. Based on the provided information and images, the property appears to be a new build apartment in a modern development. The location benefits from being relatively close to Watford Junction train station (2.96km), offering convenient access to London and other areas. Several primary and secondary schools are within a short distance, with some boasting ‘Outstanding’ Ofsted ratings. This makes the property potentially attractive to families. However, the lack of plot size (0.00 sqft) indicates no private garden. The property’s condition appears excellent based on the provided images. The interior is modern and well-finished, suggesting minimal need for repair or renovation. Considering the list price of £385,000, the average price in the area (£306,822), and the average price per sqft (£362), the property seems to be priced at the higher end of the market. However, given its new build status, modern features, and proximity to transport and schools, the price may be justified. Further comparative market analysis of similarly sized and featured properties in the immediate vicinity would be needed to definitively assess price reasonableness.

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
7
Condition
10
Location
8
Land
1
Bedrooms
2
Bathrooms
2
Sqft (est)
773.00

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
250,000.00 £
Decreased by 15.40 %
from 295,502.00 £
Est sale value
220,305.00 £
Decreased by 24.80 %
from 292,967.00 £
Average area rental value
1,809.00 £/mo
Decreased by 9.05 %
from 1,989.00 £/mo
Est letting value
1,546.00 £/mo
Unchanged by 0.00 %
from 1,546.00 £/mo
Est rental Yield
8.68 %
Increased by 7.43 %
from 8.08 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Foxtons created the listing.

Nearby Schools

NameTypeOfstedDistance
St Anthony'S Catholic Primary SchoolVoluntary Aided SchoolOutstanding0.27 KM
Ascot Road Primary SchoolFree SchoolsGood0.31 KM
W6 Westfield Family CentreChildren's Centre0.42 KM
Westfield AcademyAcademy ConverterGood0.49 KM
Chessbrook Education Support CentrePupil Referral UnitOutstanding0.54 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Dapple Court £ 260,00000.00 KM
Marsworth Close £ 000.00 KM
Oakview £ 000.00 KM
Harwoods Road £ 000.00 KM
Garden Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Watford Junction1402WFJ2.96 KM
Watford High Street1455WFH3.10 KM
Bushey1395BSH3.82 KM
Watford North1403WFN4.35 KM
Carpenders Park1442CPK4.44 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Laundry Works, Watford, WD18 £ 382,000BUY6 / 100.00 KM
The Laundry Works, Watford, WD18 £ 385,000BUY6 / 100.00 KM
The Laundry Works, Watford, WD18 £ 385,000BUY7 / 100.00 KM
Sydney Road, Watford £ 386,000BUY6 / 100.04 KM
The Laundry Works, Sydney Road, Watford £ 386,000BUY6 / 100.04 KM

Nearby Properties

AddressPriceDistance
105 Sydney Road £ 213,0000.03 KM
93 Sydney Road £ 475,0000.03 KM
94 Sydney Road £ 239,9950.06 KM
92 Sydney Road £ 236,0000.06 KM
100 Sydney Road £ 427,0000.08 KM